For as much as auctions serve a functional purpose for businesses and companies, the randomness of some items auctioned off is what keeps this industry so fresh and unique. Each year, there are hundreds and hundreds of items auctioned off around the world that make headlines for their peculiar nature.
We decided to take a look back on what 2021 auctions produced that may make you scratch your head. Here’s what we found.
Buying jewelry is often a long, drawn out process because the pieces are so expensive and valuable. Much like a car dealership, this markup is done for a reason so jewelers can give the appearance of offering you discounts. At jewelry auctions, the haggling is removed. Instead, some simple research can help you score great deals. We’ll provide tips on how to find value at a jewelry auction and verify the authenticity of certain items.
Estate auctions are often full of antique collectibles and heirloom items that have been passed down for generations. In some scenarios, you may find fine china available to bid on.
When you go to one of these auctions, how do you know how much to pay for china? And if you’re a seller, how can you gauge the value of your fine china? This blog will provide guidance on how to proceed when buying or selling fine china at an auction.
If you’ve ever been to an appliance store or spent time browsing the web, then you know how expensive restaurant items are. Between stocking a kitchen and setting up the front of the house in an inviting and welcoming way, the costs add up.
That’s why many people turn to restaurant equipment auctions to buy quality items at a fraction of the price. For those of you who are new to restaurant auctions, we compiled a guide of common items you can bid on.
When it comes time to buy or sell a house, your first instinct is typically to call a real estate agent to either help list your house or find properties to purchase. However, there are other ways to land your next investment, forever home, or sell that pesky piece of property you’ve had on the market for months.
Enter the world of auctions. Yes, you may associate auctions with buying an antique item or selling unused equipment, but both home buyers and sellers alike can benefit from real estate auctions. As the real estate market continues to boom, we’ll discuss the benefits of buying or selling your house using an auction.
The idea of storage units is hardly a new business approach. What started in the 1960s as a way for homeowners to store belongings in a cost-effective manner soon exploded in the 2000s when storage units seemingly lined city blocks in major cities and rural towns alike.
Buying a brand-new shiny piece of equipment may look nice, but it’s not always the most financially responsible decision when you’re running a business. Costs add up, and it may be more cost effective to instead look at used equipment.
Auctions are a great way to restock your inventory or add to your collection, but how do you figure out what price you should pay? And if you’re selling items, how do you know whether you received good value? We’re delving into the factors that help determine the value of used equipment so you can be better prepared the next time you’re at a heavy equipment auction.
The first time stepping foot inside an auction house can be a bit intimidating. Numbers are being thrown around left and right, items are being sold for thousands of dollars in less than a minute, and, most of the time, you may not even understand what the auctioneer is saying.
As for the part about fast-talking auctioneers, what sounds like a foreign language is actually done for a reason. There’s a method to the madness. Since this is such a common question among auction goers, we set out to address some common topics about how and why auctioneers talk the way they do.
There are many layers to building a business. First, you need a strategic business plan, a location, and the capital to purchase inventory and equipment for your desired business. These costs add up, which may lead you in the direction of searching for a deal.
Whether you’re looking to purchase a gun for sporting purposes or to add to a vintage collection, gun auctions are consistently one of the most popular auction types on the market. And while buying firearms at an auction may seem like it involves many hoops to jump through, the truth is this process is no more involved than many buying or selling other items at an auction.
