Attending your First Auction

There is nothing complicated about attending an auction, but it helps to know what to expect when you attend your first one. We want you to have the best experience right from the start, so here are a few things that will help:

Real Estate

  • You’ll be able to view the real estate before the auction, during a scheduled open house or at a private viewing. You have the right to hire your own inspector prior to the auction if you’re serious about bidding.
  • Please arrive a little early to get registered as a bidder. Bring your driver’s license for proof of identity.
  • Be prepared to pay the earnest money on the day of the auction, should you have the winning bid on the real estate. We take cash, checks and credit cards.
  • No matter how you choose to pay, a buyer’s premium will be added to your winning bid amount. The premium amount varies by property, and will be available before the auction.
  • All activities required to prepare for the day of closing will be coordinated by our office, and we’ll keep you in the loop every step of the way.

Personal Property (on site)

  • Feel free to arrive up to 2 hours before the auction, to view the items that are available.
  • You’ll need to provide your driver’s license to get registered and be assigned your bidder #.
  • Take a seat anywhere you wish, and enjoy the excitement of watching the action as it unfolds.
  • If you win a bid on an item, you may check out immediately or continue bidding as long as you wish. Feel free to check out whenever you’re ready.
  • We take cash, checks and credit cards.
  • There is also a buyer’s premium added to the cost of every item. This premium will be communicated prior to the auction.

Personal Property (online)

  • We host some of our auctions as simultaneously live + online events. If this is the case, you may sign up for free to bid online at www.liveauctioneers.com.
  • Once you’re approved as a bidder, you’ll have the option to view the entire catalogue of items.
  • If there are items you want to bid on, you have the option of pre-bidding or waiting until the live event.
  • Pre-bidding is good for those who know they can’t be online at the time of the auction, or want to be prepared in the event there are unexpected technology issues on your computer.
  • Please note that when you identify your maximum pre-bid, it is held in confidence by the system platform and will only be used if the bidding goes that high. For example, if you pre-bid a maximum of $500 and the bidding stops at $250, the system will bid for you at the next highest bid amount (ex: $275). If that is the final bid, you will win the bidding at $275.
  • Payment is accepted by credit card or PayPal.
  • There is a buyer’s premium added to the cost of every item purchased online. 
     

Get the Facts

Contact us to learn how to get the best value from your home and personal property.. Give us a call at 260-441-8636.

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