Why do people sell at auctions?
Because of competition among bidders, sellers who choose the auction method of liquidating their assets will receive at or above current market value for their items.

Does anyone get a bargain at auctions?
Yes, but a bargain for one individual isn’t always a bargain for another. Auctions offer a wide variety of merchandise including antiques, collectibles, and one-of-a-kind items not available anywhere else.

How do I find out when and where auctions are being held?
Join our mailing list to receive sale bills or visit our on-line calendar of events. Also, check your local newspaper, the Yellow Pages, or the National Auctioneers Association.

How can I better understand the auction process?
All auctioneers run their sales differently. Attend several auctions to get a better feel for the overall process

• Do your homework. If you are interested in a specific type of merchandise, research how much it would sale for in retail or wholesale outlets. Ask the auctioneer for any additional information about the merchandise you’re interested in purchasing.
• Take advantage of a preview date, if offered, to inspect the merchandise more closely.
• Keep track of items you purchased by writing down a brief description and the price you paid. Remember to calculate the buyer’s premium and taxes, if applicable, so you won’t be surprised when you go to pay for your items.

What are some common auction terms I should be familiar with?
Click here for a list of auction terms that apply to most types of auctions.