How to be an effective Auction Buyer
You have saved long and hard to make that killing at the auctions
the following tips should make you a better bidder.
First things first, check it out!
Before going to an auction, try to get a catalogue of the items that will be traded.
Check the catalog, do you want any of the items?
Call the auction house and confirm when and where the auction is to take place.
Sometimes auctions have been cancelled at the last minute.
Do not be afraid to ask, scrutinize and inspect
Many of the items up for auction are old, used and not so new,
so thoroughly inspect all items that you plan to bid on.
Rarely is there a guarantee!
Auctions that involve motor vehicles usually allow a short time
after the sale when the vehicle may be returned if found to have problems.
Do not forget to ask the auctioneer about such details.
Decide your top price before the auction, and do not go over it
Sometimes, auctions could get very emotional as well as aggressive.
It can be easy to get into a bidding contest.
Stick to your maximum price.
Does the item come with a guarantee? Does this cost extra?
Check if there is a buyers premium that you will need to pay.
Are there any local taxes that will be charged?
Check the sale conditions for bidders prior to bidding.
Consult with the auctioneers or read the catalogue.
Things may be subject to change
Try to keep in mind though that catalogues are not set in stone, any items in them are all subject to change.
Keep your eyes and ears open
Listen carefully to what the auctioneer is saying about a particular item.
There may be changes about the description of the items as based on the catalogue.
In summary, buying at auction can be easy.
You must go prepared and have done your research.
Antique and Auction Buyers Companion
Published: 1983-11 Paperback
List Price: £2.95
How to Predict the Auction Prices of Rembrandt Prints: A Guide and a List
Published: 1985-08 Paperback
List Price: £143.75
 Sotheby's art at auction 1997-1998
Published: 1998 Unknown Binding
List Price: £15.99
The World of Auctions: Where & How to Profit from Auctions
Published: June 30, 2005 Paperback
List Price: £10.83
 Equilibrium analysis of procurement auctions: Incorporating capacity and non-price attributes
Published: Paperback
List Price: £12.99
 Buying Bargains at Property Auctions
Published: July 19, 2004 Paperback
List Price: £11.99
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