by Skip Dreibelbis | May 3, 2023 | Antique Auctions, Articles & Blog, Auction News, Auctions, Bankruptcy Auctions, Car Auctions, Charity Auctions, Collectibles Auctions, Commercial Auctions, Downsizing Auctions, Equipment Auctions, Estate Auctions, Farm Auctions, Fine Art Auctions, Gold & Silver Auctions, Gun Auctions, Jewelry Auctions, LIVE Simulcast Auctions, Luxury Real Estate Auction, Online Auctions, Real Estate Auction
Once upon a time, nestled in the bustling world of auctions, a concept known as the buyer premium emerged, sparking intense debate among the merchants, sellers, and auctioneers who populated this realm. This premium, a mysterious charge levied upon the winning bidder,...
by Skip Dreibelbis | May 3, 2023 | Antique Auctions, Articles & Blog, Auction News, Auctions, Bankruptcy Auctions, Car Auctions, Charity Auctions, Collectibles Auctions, Commercial Auctions, Downsizing Auctions, Equipment Auctions, Estate Auctions, Farm Auctions, Fine Art Auctions, Gold & Silver Auctions, Gun Auctions, Jewelry Auctions, LIVE Simulcast Auctions, Luxury Real Estate Auction, Online Auctions, Real Estate Auction
The buyer premium, an additional charge levied on the winning bidder at auctions, has long been a subject of intense debate among auction professionals and researchers. While some argue that the premium generates increased revenue for sellers, others remain skeptical....
by Skip Dreibelbis | May 2, 2023 | Antique Auctions, Articles & Blog, Auction News, Auctions, Collectibles Auctions, Downsizing Auctions, Estate Auctions, Farm Auctions, Gold & Silver Auctions, Gun Auctions, Jewelry Auctions, LIVE Simulcast Auctions, Luxury Real Estate Auction, Online Auctions, Real Estate Auction
1. Faster sales process: Auctioneers can sell multiple properties in a short time, speeding up the estate settlement process. 2. Competitive bidding: Auctions encourage competition, potentially driving up the final sale price. 3. Set sale date: Auctions have a...
by Skip Dreibelbis | May 2, 2023 | Antique Auctions, Articles & Blog, Auction News, Auctions, Collectibles Auctions, Downsizing Auctions, Estate Auctions, Gold & Silver Auctions, Gun Auctions, Jewelry Auctions, LIVE Simulcast Auctions, Online Auctions
1. Competitive bidding: Auctions encourage buyers to compete against each other, driving up the final price. 2. Quicker process: Auctions are faster than tag sales, as items are sold one after another without long negotiations. 3. Clear pricing: Auctions eliminate the...
by Skip Dreibelbis | May 2, 2023 | Antique Auctions, Articles & Blog, Auction News, Auctions, Collectibles Auctions, Downsizing Auctions, Estate Auctions, Fine Art Auctions, Gold & Silver Auctions, Gun Auctions, Jewelry Auctions, Online Auctions
1. Greater potential for higher profits. 2. Auctions attract serious buyers. 3. Competitive bidding can drive up prices. 4. Faster disposal of items. 5. Auctions can be more exciting and entertaining. 6. Professional auctioneers can help attract a crowd. 7. More...
