Auctions Explained, Arriving

  January 27, 2017

If you’re not familiar with how auctions work; you may feel a little overwhelmed during the process.

Auctions are simply the process of buying and selling items by offering them up for bid, taking bids, then selling them to the highest bidder. The items in an auction are sold over the course of several hours; with each item being available for a few minutes.

All auctions have a period of time where items can be examined and reviewed, which may occur the day before the auction and/or in the hours leading up to the start of the auction. This review period gives everyone a chance to look around at what’s for sale, check an item’s condition and make notes on what to bid on.

Bidders register on the day of the auction when they arrive at the auction and must be done if bidding on items. When registering, bidders will need to supply their address, phone number and driver’s license number.  Once this information is recorded, the buyer will also get a bidder card. Once the auction starts, the bidders sit or stand in view of the auctioneer as items are presented to be sold.