Behind the Scene…

This post was written by Luanne

 

Take-a-look-660x330

You may have already been to an auction, so you think you know all about it. But do you? Do you really know what goes on (cue music: duh duh Duh) behind the scene of a well-run auction? I bet you don’t. Not really. Let’s look a little closer. You see someone calmly and cheerfully checking-in customers. Asking your name, seeing if you’re in the database. Adding you to the database if you aren’t by typing in your name, address, telephone number, and e-mail. Printing out a bid card for you. Often this person will be checking-out customers as well. Telling […]

Read more

2016-10-15

Tags: , , , , ,

Reserve, Absolute, Minimum? What’s that?

This post was written by Luanne

 

reserved-signs-for-tables-1626-reserved-seating-sign-template-1600-x-1197

Hey! I’m back! Hopefully you’ve gotten over being confused about the main types of auctions, because now I’ve got a few more auction types for you.  Today, we’ll discuss reserve auctions, absolute auctions, and minimum bid auctions. Ready?  Good!   Reserve Auction:  Have you ever had a reservation over something you had to decide? Or booked a reservation at a hotel?  Perhaps reserved a place for your friend next to you in the lunch room?  Well, then you have a sense of what a reserve auction is. When something is reserved, it is held in place until certain conditions are […]

Read more

2016-09-07

Tags: , , , , ,

Different Auctions for Different Purposes

This post was written by Luanne

 

What do you think of when someone says the word “auction”, or says that they are going to an auction? Do you immediately think of a bunch of upper-class people dressed to the nines, sitting on fancy chairs,  silently holding up a paddle to bid (or lightly touching their nose or giving an almost imperceptible nod of the head) while an auctioneer is dressed in a tuxedo with tails and the ringers in evening gowns and tuxes show off the items like Vanna White? Or do you envision of a bunch of county farmers chewing on strands of straw, standing around […]

Read more

2016-08-27

Tags: , , , ,

Everything you wanted to know about auction bingo lingo–part 2

This post was written by Luanne

 

Welcome back to “Everything you ever wanted to know about Auction Bingo Lingo! As promised, here are a few more words that you may see and hear at live auctions. Terms & Conditions: Since I mentioned “Terms & Conditions” in “As Is” in the last blog , I figured I better define that. The terms and conditions are a list of the rules of the auction and certain aspects of the purchase/sale agreements. This list may include things such as items are saying that items are sold as-is, stating buyer’s premiums to be charged, the amount of sales taxes that […]

Read more

2016-08-23

Tags: , , ,

Everything you wanted to know about Auction Bingo Lingo–part 1

This post was written by Luanne

 

Everything you ever wanted to know about Auction Bingo.  I mean Lingo…   I remember one of the first auctions I ever went to. I was an adult. It was cold. It was drizzly. I was pregnant. I was tired of waiting. My husband was buying things that I saw no purpose for at all while waiting for the one thing he (note, he, not me) really came to the auction for. (“But it will look neat hanging up on the wall” he said…”Not in MY house”, I said”…) And then there was the lingo…   Sometimes it did feel […]

Read more

2016-08-20

Tags: , ,

How Does an Auction Work?

This post was written by Shanna

 

If you are new to auctions you may have many questions about them. One of these questions might be “How does an auction work?”. The answer to this question can vary depending on the type of auction that it is.   Let’s start by explaining what an auction is. An auction is where property is sold at a specific time and place to the highest bidder. Most auctions require a person to get a bidder number or other identifying item prior to bidding. When an item you want goes up for bid it will usually start low. The auctioneer will raise […]

Read more

2016-08-04

Tags: , , , , ,