There is nothing more exciting than sitting in a room crowded with other people gripping that paddle, waiting for that elusive item to be put up for sale. Auctions are a great venue for people who want antiques, eclectic decor, and objects that you cannot find in a store. If your goal is to discover unique furniture and household items, than this is a great way to spot that one of the treasure few others possess. Furniture auctions in Arizona offer you many opportunities to purchase one of kind pieces at very reasonable prices.Here are a few key pointers to keep in mind before you venture out to your first auction.
Following the suggestions will help you get ready for the excitement of a live auction. You will go in knowing it exactly what the event offer, if it has the style of furniture you are searching for, and also what your budget constraints are. It is all about being prepared.
Create a list of the type of furniture you are looking for, then check your local newspaper or internet source to find out which auctions are happening locally. Next, ask what type of items will be going up for bid. Keep in mind not all events are the same, so if you are searching for eclectic Southwestern furniture, make sure you do not attend an auction with Victorian era merchandise.
This simple step is the one that is often the most overlooked. All it consists of is observing. Just spend some time watching the auction to get a feel for how things are done. This way you will be ready for your next live auction decreasing the odds of falling into the trap of buyers frenzy. All this leads to is you going home with an overpriced coffee table.
Many auctions give you the opportunity to attend something called a preview. What this means is the auction house gives the public a chance to attend a few hours or days before the event is to be held to look over the merchandise. This does not cost anything, plus it gives you the chance to see what is going up for sale. You can measure, handle the item, and get a general idea of whether or not it would be a good fit for your home.
Auctions are well known for their fast paced environment. When the auctioneer is talking ten miles a minute it may be hard to keep up with what is being said. If you are not familiar with the terms auctioneers use, you may end up making mistakes or losing out on a bid. You can easily avoid this by spending learning the language.
Two common terms that you will hear frequently is start price and reserve price. The starts price is the minimum amount the bidding will start at. The reserve price is the smallest amount the seller will accept as the final sale. If you spot furniture that appeals to you, make sure to find out if there is a reserve price. This will eliminate the possibility of you going over budget, and will ensure that the reserve price is not more than you are willing to pay. Remember, the goal is to leave with unique furniture that is not overpriced.
Most important of all is to make sure you keep a level head. It is so easy to get excited and carried away at a live auction. While it is fun to lose yourself in the moment, that can hurt your pocketbook in the long run, and leave you with a sense of buyers remorse. So go in with a plan, have a budget and stick with it. Make sure to enjoy the experience, as there are few things more exhilarating than a live auction.
Following the suggestions will help you get ready for the excitement of a live auction. You will go in knowing it exactly what the event offer, if it has the style of furniture you are searching for, and also what your budget constraints are. It is all about being prepared.
Create a list of the type of furniture you are looking for, then check your local newspaper or internet source to find out which auctions are happening locally. Next, ask what type of items will be going up for bid. Keep in mind not all events are the same, so if you are searching for eclectic Southwestern furniture, make sure you do not attend an auction with Victorian era merchandise.
This simple step is the one that is often the most overlooked. All it consists of is observing. Just spend some time watching the auction to get a feel for how things are done. This way you will be ready for your next live auction decreasing the odds of falling into the trap of buyers frenzy. All this leads to is you going home with an overpriced coffee table.
Many auctions give you the opportunity to attend something called a preview. What this means is the auction house gives the public a chance to attend a few hours or days before the event is to be held to look over the merchandise. This does not cost anything, plus it gives you the chance to see what is going up for sale. You can measure, handle the item, and get a general idea of whether or not it would be a good fit for your home.
Auctions are well known for their fast paced environment. When the auctioneer is talking ten miles a minute it may be hard to keep up with what is being said. If you are not familiar with the terms auctioneers use, you may end up making mistakes or losing out on a bid. You can easily avoid this by spending learning the language.
Two common terms that you will hear frequently is start price and reserve price. The starts price is the minimum amount the bidding will start at. The reserve price is the smallest amount the seller will accept as the final sale. If you spot furniture that appeals to you, make sure to find out if there is a reserve price. This will eliminate the possibility of you going over budget, and will ensure that the reserve price is not more than you are willing to pay. Remember, the goal is to leave with unique furniture that is not overpriced.
Most important of all is to make sure you keep a level head. It is so easy to get excited and carried away at a live auction. While it is fun to lose yourself in the moment, that can hurt your pocketbook in the long run, and leave you with a sense of buyers remorse. So go in with a plan, have a budget and stick with it. Make sure to enjoy the experience, as there are few things more exhilarating than a live auction.
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