Auctions offer the opportunity to find additions to collections, unique antiques, vehicles, houses, farm equipment – just about anything. Whether onsite or online, auctions are an exciting way to sell your items for top dollar or to buy in a lively environment.
Collectibles and antiques up for sale at the Dosland Auction Warehouse in Grand Mound, Iowa.
- Work with a professional auctioneer.
- Plan ahead – at least three months. Time is needed to evaluate your inventory and to promote the sale to attract buyers.
- Present your items in the best condition possible.
- Know your reserve price for specific items, especially for real estate and machinery.
- Discuss online vs. on-premise auction options with your auctioneer.
- Understand the responsibilities between you and the auctioneer. For example, know who is moving items, who cleans up after the sale, etc.
- Read the listing before you arrive.
- Arrive early to examine the inventory. Some sales have viewing times prior to the auction.
- Get your bidding number. You may be required to provide an ID, such as a driver’s license, so make sure it is readily available.
- Know the payment methods accepted by the auction house.
- Bring any documents required for the items you wish to purchase – gun license, bank documents, etc.
- Listen closely during the auction. Each auctioneer has a style, so you’ll want to pay attention to bid increments, cadence, and inflections.
- Be aware of several rings or specific auction times for larger items, such as a car or real estate.
- Bring your own boxes and packing materials.
- Bring a big enough vehicle to haul your purchased items home. Don’t drive your Prius when you might buy a Queen Anne dresser!
- Have fun! Auction humor is great and you never know what items you might find!