by Skip Dreibelbis | May 4, 2023 | Auction Marketing & Technology, Seller Strategy
The auction world has experienced a major shift in recent years, as advances in technology and widespread internet adoption have transformed how auctions are conducted. The traditional on-site auction has been significantly augmented with the addition of live internet...
by Skip Dreibelbis | May 3, 2023 | Auction Education, Seller Strategy
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 | Auction Education, Seller Strategy
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 | Estate & Probate, Seller Strategy
Faster sales process: Auctioneers can sell multiple properties in a short time, speeding up the estate settlement process.Competitive bidding: Auctions encourage competition, potentially driving up the final sale price.Set sale date: Auctions have a predetermined...
by Skip Dreibelbis | May 2, 2023 | Estate & Probate, Seller Strategy
Competitive bidding: Auctions encourage buyers to compete against each other, driving up the final price.Quicker process: Auctions are faster than tag sales, as items are sold one after another without long negotiations.Clear pricing: Auctions eliminate the need for...