FIRST TIME AUCTION BUYERS
An informed buyer is the best buyer. In a live auction, you want to make sure you come to the preview. Here is your opportunity to touch, feel the product and inspect the product. For the online auction, bidders can always request additional information from the auctioneer for products offered. Take your time to make up your mind about your potential purchase. Most importantly, set yourself a budget: this wards off buyer’s regret after the purchase. Get as much information as possible about the item that caught your eye. Prior to the event, check on-line to see what similar product has sold for recently. On site, ask the auction person. Live or on-line make sure you know the terms and condition of the auction. Is there a buyer premium, are there any other fees. (FYI, our auctions are not what would be called “Penny Auctions” or “Bidding Fee Auctions” where you pay a fee for each bid you make. No! If you win a specific auction lot, there is a 10% buyers premium, but that is the only fee you’ll pay.) How do I pay for my purchases? When do I have to have them removed by? Do I need to arrange transport? What are the bidding increments? Understand the auction lingo: as 1 times the money, all for one money, or high bidder choice. You may be a “nervous Nellie” at the start, but in no time, you will get the auctioneers ear, and be right in there with the professional buyers.
Pre-owned, slightly used, previous loved primary refers to everything on the secondary market. The market for pre-owned items is immense: the success of websites like Kijiji, Craigslist, Auto Trader, etc. are a solid proof. If you are currently using these sites you are candidate to be an auction buyer. That is what an auctioneer deals with daily. It is an excellent resource for furnishing your very first residence or secondary residence such as a cottage. It could be a second family car, tools for the workshop, electronics or everyday items of functionality. Generally, it is an opportunity to own better quality items at affordable prices. Our best advise? Be patient! Whatever you are looking for, we will probably come across within six months. Our recommendation: register with us in order to get on the auctioneer’s email blast. You will be kept informed at all times in what auctions or tag sales are coming up in the future.