Fast-talking auctioneers and fast-paced events with high-ticketed items are what most people think of when an auction comes to mind. While this may be the most popular way to auction items off, it’s certainly not the only way. Silent auctions, which involve placing bids silently and anonymously, are a popular auction type to help raise […]
Consider this scenario: It’s a Saturday morning, and you’re at your local auction house to bid on a new car. There are 20 other bidders present, and you know there will be stiff competition to walk away with this item. Knowing the stakes, you end up winning the car with not only the highest bid, […]
The traditional way to buy a house involves searching property listings and working with a real estate agent. But you can also buy a house at an auction. Real estate auctions can benefit both buyers and sellers. Still, many people think it’s not an option if they don’t have liquid assets to purchase properties outright. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
