1.
What if it rains? We have large tents to cover your
auction in case of rain. Most of the time a rainy day
is the best day for an auction. Rain, heat or cold
doesn't play a big part in the auction, you just need to
be prepared 
2.
When is the best time for an auction? Most auctions are
held on the week ends but we do a lot during the week as
well. The type of auction sometimes dictates the best
day. Most of our Estate or household auctions are on
Saturday and Sunday. Most business liquidation auctions
are held during the week. If it's Real Estate only,
usually we do them on a Thursday evening. As the seller
you would pick the day best suited for you. Time of the
year doesn't effect the auction except on seasonal items
like boats or campers. Holidays are also very good
auction days.
3.
What about bad checks? I very seldom receive bad checks
at auction. However we do assist in the collection of
them and have collected every check for 25 years. We
do offer a service where we will guarantee payment that
day.
4.
Payment: do you take credit/debit cards?
Yes
we take credit and debit cards.
5.
What is a Buyer's Premium: This is where part or all
the expense of an auction is passed to the buyer. The
seller always makes the chose to charge the premium. We
use this when ask to by the seller. This its typically
use when a lender or attorney is involved or a business
liquidation, and there are not enough funds to conduct
an auction. Who gets the Buyer's Premium? In some
cases this money goes to the Seller, some cases to the
auctioneer, and some cases to both. There is a common
miss communication that by using the Buyer's Premium it
will hurt the auction. This not the case. Some of our
best auctions for the seller and for me have used the
Buyer's Premium. Think of it as a mark up on the item
your are purchasing at a store, but at auction you set
the price before the mark up. We use it less than 20%
of the time. This is our opinion only.
6. What
is my merchandise worth? Establishing value or market
value is not hard to do. Most Auctioneers have a good
ideal what to expect out of your sale. They are
knowledgeable in the product they are selling. If not,
most will contact other Auctioneers of Appraisers to
find out the value of your items. With
today's knowledge value is easier to find.
7.
Tag Sale: Do you conduct tag sales? the answer is NO>
The best for a seller is to use the Auction Method of
Marketing to sell their goods. A tag sale is just a
rummage or yard sale where someone puts a price on your
merchandise and hopes that some one will pay that
price. At auction competitive bidding always brings out
the highest price. I have been in the auction business
for over 25 years and would not want to price all your
items. I can give a close estimate on them, but i would
be doing an injustice to the seller if they use my value
only and not that of the buyers in a competitive
auction. The market changes all the time. I see
typical items sell week to week and there is a big
difference in the price of like items. At Auction
everyone can bid on an item and are not forced to wait
in line when only ten or so people can go into the house
to look or buy that item. If four people were standing
in line for one item and willing to pay up to $300.00
for that item but it was tagged for $175.00, that would
be all it would sell for. Auctioneers are held to high
standards by the State and National Auctioneers
Associations as well as they must be licensed by that
state to conduct an auction. The consumer is protected
by State laws in regards to Auctions but are not when it
comes to tag sales. And lastly, at Auction we can sell
ALL your items in one day. This is our opinion only.
8.What
are my duties as a seller at Auction? Basically a
seller must have ownership in the items they are selling
and can convey or transfer that to the new buyer. There
are three basics steps for an Auction. 1 Before the
auction, getting items ready for the sale. 2 The day of
the Auction. & 3. After the auction is over. The Seller
can chose to prepare the items before the auction or can
hire the Auctioneer to get everything ready. The same is
true for the day of and the days after. Each Auctioneer
would go over these steps with the seller at contract
signing. Some sellers want to be involved and others
want the Auctioneer to take care of everything.
Send
your question to
wilsonauction1@gmail.com