| Question: |
How does an auction work? |
| Answer: |
Our weekly auctions contain items from many
different sellers. Buyers come to the building on auction day and the items are sold
by the auctioneer. The auctioneer calls or "cries" the auction and deems
the item "sold" to the highest bidder when there is only one highest bidder
remaining. |
| Question: |
How will my items be sold? |
| Answer: |
The auction staff sorts your items when they are
received. The better items are most often sold individually on Sunday auctions,
where more common household items are sold on Monday evenings where items are more likely
sold in box lots. |
| Question: |
I have an entire house full of property. Can
you help me? |
| Answer: |
Yes we can. The first step is for you to
contact us via phone or e-mail and we will come to your location (no charge) to review the
property with you. We can then discuss a plan with you to bring the property to
auction. |
| Question: |
Does the auction have to be at my house? |
| Answer: |
We have a large auction facility that can
accommodate any size estate or collection. |
| Question: |
What if I only have a few items or a collection of
items that I want to sell? |
| Answer: |
We conduct auctions every Sunday and Monday
and most Saturdays as well. We would be glad to add your items to the
auction. |
| Question: |
What if nobody comes to the auction? |
| Answer: |
This won't happen. Our
auctions are well attended due to our extensive marketing. |
| Question: |
Can you pick up my items for the consignment
auctions? |
| Answer: |
There may be instances when we can pick up items,
but it is preferred that the seller bring the items to the auction
house. |
| Question: |
How much are my items worth? |
| Answer: |
The truth is that any item is worth exactly what
someone else is willing to pay for it. Your items can be worth more or less than you
think that they are worth. It is our job to get the most amount of money for your
items that can possibly be had. |
| Question: |
Can you sell things like cars, houses, boats, land
and the like? |
| Answer: |
We most certainly can. Our auction staff can
provide professional auction services for any item or property. |
| Question: |
Can I set a minimum bid or reserve on my items? |
| Answer: |
The Auction House attracts a large crowd because all
items are sold to the highest bidder without a minimum or reserve. To set a minimum
or reserve would only diminish the spirited bidding on auction day. |
| Question: |
Isn't it a good idea to have a garage sale first,
then auction off the stuff that doesn't sell? |
| Answer: |
The good items that you sell at your garage sale are
the same items that will attract buyers to the auction. The auction will be much
more profitable for you if the items are not "picked through." |
| Question: |
I heard that another auctioneer is cheaper. Why is that? |
| Answer: |
We are not the cheapest auctioneers, but we charge
only the sales commission. We do not charge to set up your items, table rentals,
advertising, porta potty rentals, etc... as you will find with most auctioneers. We
deduct only the sales commission from your auction proceeds. |
| Question: |
How do I get paid for my items? |
| Answer: |
You will receive a check from us approximately 10
days after the auction, along with a computerized printout of each item or lot. |
| Question: |
OK, This sounds great. What is my next step? |
| Answer: |
Your next step should be to call the
auction house
at 712-600-6700 and talk to a member of the auction staff. We are open 7 days a
week. |
