auction

What to Expect When Attending an Auction

Auctions are used to sell goods at no set price, however, some have reserves that must be met to the highest bidder. The auction is complete when the buyer’s bid is accepted by the vendor, and the buyer(s) winning bid(s) is paid to the seller through the cashier. Understanding the In’s and Out’s of Attending an Auction Before attending an auction make sure you understand the rules of the auction....

What to Expect When Having an Auction

Never had an auction before? We have put together a list if things for you to expect when having an auction. Some of these things will differ slightly depending on the type of auction you are having. Make sure if you have any questions you address them with the auctioneer as soon as possible to ensure a smooth profitable auction. Before Your Auction – Schedule of Procedures Your auctioneer will...

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