All Rare & Significant Valuable Assets, are thoughtfully researched to determine current value and marketed accordingly. Common Ordinary Items, First, we try to sell items individually. However, we can grouped items together, if our experience tells us that would be the best choice, some times the buyers will requested that some items be groped together. The auctioneer will make the decision as what will bring the highest bids. When common items are not requested to sell individually, they are sold by grouping item together. Sometimes one or more groups will even sell together if one group will not sell by on it's merits
Sellers:Every item may not be described on your print out, but as a lot number. for such or as a group number or common box lot. So much per lot, or group, 1-2 BOXS OF SEWING Fabric. 1 GROUP OF KITCHEN POTS & PANS
Can I Set A Minimum On My Items That Sell At My Auction?
Yes! some high end, or rear items may have a reserved priced set on them, but it is not in your best interest to put a reserve price on over 2 or 3 items. Auctions are about letting the fair market vaule be established by the competive bidding process. Since there are many items to be sold on Auction Day, most items must be sold without reserve. This allows the your auction to maintain a reasonable duration of time and integerity. Please keep in mind that our advertizing and marketing will bring enough buyers to your auction and you will receive fair market value.
Wgen I Sell My House At Auction, May I Set AReserve Price?
Yes! Although a home that"is"sold absolute, or to the highest bidder, is a great marketing tool a reserve price may be placed on your home. Or you may say that your Real Eetate will sell only, subject to your approval and it will be advertized that way. Your disired price will not be disclosed to the public and the home will be fully marketed that way to obtain the highest bid from quilified buyers.
Are Homes Thst Are Sold At Auction Typically Foreclosures, Or In Need OfRepair?
Absolutely not! Homes That sold at auction are typically good homes that need good owners. Sellers may opt to hold a real estate auction verses a typical listing so that they may sell the property faster with less selling costs. Most properties sold at auction are owners who are downsizing, settling an estate, selling investment homes or just want to sell quickly. Yes there is a lot of
What If Buyers Can't Attend On AuctionDay?
We do allow for absentee bidding. Buyers usually preview the items personally before the sale, leave a deposit for the max they want to bid. The Buyer will need to fill out a absentee bid form and the auction staff will bid competitively on their behalf. See the Absentee Bidding link for more information and the form.
What Forms Of Payments Are Acceptable?
Kansas City Auction companies accepts cash, local check, Visa and Master card at our weekly auctions. On-site auctions typically accept only cash and local check.
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