Traditionally, people went to car dealerships to find their vehicles. More and more, though, savvy shoppers are choosing to purchase their automobiles at auction. Is that really a good option? It can be! You are likely to find a good deal at an auction, and vehicles at auctions are often in like-new condition, very safe, […]
Auctions traditionally occur in a physical location with a gavel-wielding auctioneer leading the proceedings, but the thrill of bidding can now take place from the comfort of your home computer. Participating in an online auction might feel daunting at first, but once you understand the ins and outs, you’ll realize it’s actually quite simple. Let’s […]
Silent auctions are a great way to raise money and make sales during a dinner, dance, speech, performance, or other community event. Often, silent auctions are held to support a group, charity, or event. A silent auction requires planning to be successful. Let’s take a deeper dive into how to run a silent auction.
Foreclosure auctions are a unique and often lucrative niche within the real estate market. Whether you’re an investor on the hunt for your next big deal or a first-time buyer on a budget, foreclosure auctions could hold the key to your real estate dreams. Unravel the ins and outs of buying a foreclosed home at […]
Liquidation sales and auction sales are two of the most common ways for a company to recover assets. Both types of sale are effective at helping a company maximize the value of surplus assets or assets that are sitting idle. However, there are a few differences between them. A liquidation sale is a good idea […]
We’ve all heard the stories of people suddenly discovering they are sitting on a treasure. Maybe something purchased at an antique shop or auction turns out to be wildly valuable, or a collectible languishing in an attic ends up being a priceless work of art. It is the type of story that fantasies are made […]
For many people, collecting glassware or dishes is an enjoyable hobby. Whether for decorative purposes or practical use, a certain satisfaction comes from owning unique or valuable dinnerware. However, while some antique china is worth hundreds of dollars, other sets are worth almost nothing. Here’s what to look for when determining the value of your […]
This past year was another successful year here at Dakil Auctioneers, Inc. In 2022, we conducted more than three dozen auctions, including four heavy equipment auctions that featured nearly 2,000 combined items to bid on. As always, there were plenty of unique and interesting auctions to come across. They say you never know what you’ll […]
Auctions are known for unique, interesting, and sometimes weird items that end up selling for six or seven figures. Each year, these items make headlines for their peculiar nature. We decided to look back on what 2022 auctions produced that may make you scratch your head. Here’s what we found.
The concept behind an auction is straightforward: bidders submit bids for items, and the person with the highest bid receives that item. Beyond that, there are many nuisances involved with an auction, ranging from the types of auctions held to certain terminology used to describe aspects of an auction. This blog will explore some of […]
