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True Blue Auctions offers FREE Auction Services

State College, PA – April 9, 2020 -

To help meet the needs of businesses, estates, and real property owners, True Blue Auctions LLC will offer auction services at zero commission for online auctions through the month of June.

Online AuctionsThe COVID-19 scare and risk of spreading the virus has caused apprehension of attending traditional on-site/on-location auctions where large groups of people would gather.  To combat this potential threat, online auctions provide the means for sellers to offer their real estate and personal property for sale where true market value is realized with minimized risk of contamination.  The added advantage of online auctions is the pool of buyers is limitless and not bound to a geographic location.  With online auctions, people from around the world can gather to compete to purchase personal property and real estate.
True Blue Auctions has a rigorous screening process for bidders in which payment methods are verified before they are granted permission to bid at an auction.

Online Auctions“With public health concerns of this magnitude, our hearts go out to all who have been impacted. We’re all in this together, and we are happy to help serve businesses, families, and individuals needing to make transitions in the most economical and efficient way possible during this difficult time,” said founder and auctioneer of record, Skip Dreibelbis.
True Blue Auctions provides auction services in Pennsylvania, Ohio, West Virginia, Maryland, Virginia, South Carolina, Georgia, and Florida.

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Buyer Premium By The Numbers

The Seller’s Bottom Line

Auctioneers and auction companies can charge sellers a sales commission or a buyer premium.  Working with an auction company that charges a buyer premium will benefit the seller because it generates more revenue when compared to a sales commission.

Increased Revenue

Selecting the right auctioneer will impact the revenue that is generated from a sale. An auction company that uses buyer premium will charge the buyer after the final bid.  Since the buyer is charged a fee, the seller is not responsible for paying any fees to the auctioneer.

Dr. Jonathan Wu’s research study states that every percent charged on a sales commission will actually reduce the revenue that is generated for the seller by more than 1 percent.  When the hammer price remains constant, Dr. Wu’s research proved that a buyer premium will generate significantly higher revenue for the seller.

Human Behavior and Revenue

Although research suggests that the revenue generated by a buyer premium will increase significantly when the hammer price remains constant, human behavior can impact the revenue that is generated.  Buyers may estimate their final bid after adding the buyer premium to the bid.

Even if buyers change their bidding strategy, the seller will benefit when an auctioneer charges a buyer premium.  To learn more about how the buyer premium impacts revenue generation, request to read the full report – Learn More

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Multi-Parcel Auctions

Traditional methods used by many auctioneers tend to favor buyers who have deep pockets and this often times leaves single-tract buyers at a huge disadvantage.

A Multi-parcel auction puts all buyers on a level playing field, regardless of how many tracts a buyer intends to purchase. When multiple lots/parcels/tracts/properties are owned by the same seller this method is used to sell all the parcels at one time. Buyers will have different interests; some will want only one of the parcels, others may want combinations and yet others may want the entire group of lots offered them.

What makes multi-parcel auctions exceptional is that anyone can group and bid on any combination of parcels, even if the groupings break up other groupings. The math behind this type of auction is extremely complex and this is why many auctioneers do not perform multi-parcel auctions.

True Blue Auctions uses state of the art software to produce multi-parcel auctions. We are able to project on a screen the bids and move the auction forward with ease…

The good news is, if you have an interest in any parcel or a combination of any of the lots offered, we have a very fair and easy process for you to come and bid with confidence knowing that you have just as much an opportunity as the next person on purchasing property regardless of how deep another bidder’s pockets may be…

Let us help you reach your goals with the parcels of property you want to be sold.

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Articles & Blog, Auction News, Auctions, Estate Auction, Luxury Real Estate Auction, Online Auctions, Real Estate Auction

A Phone Call About An Estate…

An Almost Typical Day In The Life Of An Auctioneer…

sell at auctionWe had a call today (30 June 2016) asking about our estate auction services.
By Way Of Background…
This person had recently experienced the death of a loved one and are now needing to handle the settling of the estate.
About Us…
I offered condolences for their loss and told them that we do our very best to do two things for clients:
1) Save them as much money possible by letting them know the most cost effective way of having a sale.
2) Helping them receive as much money possible for their real and personal property.
More Details About The Estate…
I began to try to find out more about the particulars of their situation and what exactly were their goals and objectives.  The person told me that their goals were to sell everything from the personal property to the real estate to settle the estate. I informed them that we can do all these things for them but wanted to try to learn more to determine what is in their best interest. This person wanted to insist of having an “online auction” only of the personal property. I tried to inform them that most of the time an onsite auction is the most cost effective way of having a sale because it involved the least amount of labor. This person insisted that they wanted to know our rates and how much it would cost to box up and have everything sold somewhere else because they were told by an attorney to use a particular realtor.
Reality Gets Introduced…
I asked the person why they wanted to relinquish the right of first refusal by putting a price on what they wanted to sell. They didn’t have an answer, so I gave this illustration. I asked that if they had a valuable piece of artwork like a Picasso they wanted to sell (even shared how I’ve sold a Picasso at auction before and owned one of his works.) if they would have the local “art expert” come and would tell them that their neighbor down the street sold Solutionstheir Picasso for 100K and another person had one similar not much further away for 150K and that they would list theirs for 125K if they would think this is the best way of selling their Picasso?
They didn’t have an answer.
Some People Just Don’t Get It…
The answer: Of course not! Every piece of art or anything for that matter is unique and special in and of itself. Just because one person maybe didn’t pay enough for something and another person maybe paid too much for another doesn’t in any way shape or form determine what you want sold should be worth.
Listening To Bad Advice…
This person insisted they are going to listen to their attorney who recommended a realtor to sell the real estate. I told the person that if they believe that a realtor can get top dollar for an expensive item like a home (since they obviously believe their marketing methods are much better than ours) then the realtor would be much better selling the smaller and less expensive items in the home than we could ever be able to do, so they should have the realtor sell the personal property too.
Ignorance & Insults…
It saddens me how people want to insult us with not only with their words but unadulterated ignorance. I suppose some people just have to learn the hard way by paying more and getting less at the end of the day. This person can especially thank their attorney and realtor who have huge smiles because they will be receiving a lot of money at the expense of their ignorance.
Ignorance Is NOT Bliss!
Fact is that when a person surrenders the right of first refusal in any sales process they have already lost and given the control of the sale to the other party because they have made the initial offer. All any person who puts a price on anything they wish to sell can do is only entertain counter offers and the only guarantee they do have is that they will never know if they could ever have been able to get more because they didn’t have an auction.
Needless to say that the person who called thinks they know more about selling an estate with real and personal property than we do and is most definitely not they type of client we would ever consider providing with our services.  Maybe they can let the realtor do a garage sale for them.  After all, that is their method of selling – put a price on it and negotiate down till it sells.

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Antique Auctions, Articles & Blog, Auction News, Auctions, Bankruptcy Auctions, Car Auctions, Charity Auctions, Collectibles Auctions, Commercial Auctions, Downsizing Auctions, Equipment Auctions, Estate Auction, Farm Auctions, Fine Art Auctions, Gold & Silver Auctions, Gun Auctions, Jewelry Auctions, LIVE Simulcast Auctions, Luxury Real Estate Auction, Online Auctions, Real Estate Auction

Should We Have Auctions On Sunday?

Should We Have Auctions On SundayToday in business it is considered the norm and “good” business to provide the consumer what they want, when they want and how they want.  Shouldn’t auctioneers make the most of the opportunities on weekends to have auctions as often as they are able including Sunday?  After all, the majority of buyers at auctions are off from work on Sunday so why not have auctions on Sunday?  Isn’t it just part of keeping up with your customer’s needs and adjusting to the market-place?  Isn’t going to an Auction on Sunday just another item on the menu for the day that you can choose from?

Should We Conduct Auctions On SundayIt is very much counter culture to not go along to get along and in fact many would say that it hurts a business to not be open on a Sunday. By God’s mercy and grace, we at True Blue Auctions will NEVER have an auction on the Sabbath – the Lord’s Day.

Why? We seek to honor the Lord with everything we do in this business. Even if it “hurts” our business to not be open and having auctions on a Sunday.Should We Attend Auctions On Sunday

Keeping the Lord’s Day holy and not profaning it is something we take seriously.  We will NEVER conduct an Auction on the Lord’s Day.

Because of the importance of this day, I want to pass on and share with you just how important it is and why we will NEVER conduct an auction on a Sunday.

115. Which is the fourth commandment?

The fourth commandment is, Remember the sabbath day, to keep it holy. Six days shalt thou labour, and do all thy work; but the seventh day is the sabbath of the Lord thy God: in it thou shalt not do any work, thou, nor thy son, nor thy daughter, thy man-servant, nor thy maid-servant, nor thy cattle, nor thy stranger that is within thy gates. For in six days the Lord made heaven and earth, the sea, and all that in them is, and rested in the seventh day: wherefore the Lord blessed the sabbath-day and hallowed it.

116. What is required in the fourth commandment?

The fourth commandment requireth of all men the sanctifying or keeping holy to God such set times as he hath appointed in his Word, expressly one whole day in seven; which was the seventh from the beginning of the world to the resurrection of Christ, and the first day of the week ever since, and so to continue to the end of the world; which is the Christian sabbath, and in the New Testament called The Lord’s day.

117. How is the sabbath or the Lord’s day to be sanctified?

The sabbath or Lord’s day is to be sanctified by an holy resting all the day, not only from such works as are at all times sinful, but even from such worldly employments and recreations as are on other days lawful;  and making it our delight to spend the whole time (except so much of it as is to be taken up in works of necessity and mercy) in the public and private exercises of God’s worship: and, to that end, we are to prepare our hearts, and with such foresight, diligence, and moderation, to dispose and seasonably dispatch our worldly business, that we may be the more free and fit for the duties of that day.

118. Why is the charge of keeping the sabbath more specially directed to governors of families, and other superiors?

The charge of keeping the sabbath is more specially directed to governors of families, and other superiors, because they are bound not only to keep it themselves, but to see that it be observed by all those that are under their charge; and because they are prone ofttimes to hinder them by employments of their own.

119. What are the sins forbidden in the fourth commandment?

The sins forbidden in the fourth commandment are, all omissions of the duties required,all careless, negligent, and unprofitable performing of them, and being weary of them;all profaning the day by idleness, and doing that which is in itself sinful; and by all needless works, words, and thoughts, about our worldly employments and recreations.

120. What are the reasons annexed to the fourth commandment, the more to enforce it?

The reasons annexed to the fourth commandment, the more to enforce it, are taken from the equity of it, God allowing us six days of seven for our own affairs, and reserving but one for himself in these words, Six days shalt thou labour, and do all thy work: from God’s challenging a special propriety in that day, The seventh day is the sabbath of the Lord thy God: from the example of God, who in six days made heaven and earth, the sea, and all that in them is, and rested the seventh day: and from that blessing which God put upon that day, not only in sanctifying it to be a day for his service, but in ordaining it to be a means of blessing to us in our sanctifying it; Wherefore the Lord blessed the sabbath day, and hallowed it.

121. Why is the word Remember set in the beginning of the fourth commandment

The word Remember is set in the beginning of the fourth commandment, partly, because of the great benefit of remembering it, we being thereby helped in our preparation to keep it, and, in keeping it, better to keep all the rest of the commandments, and to continue a thankful remembrance of the two great benefits of creation and redemption, which contain a short abridgment of religion; and partly, because we are very ready to forget it, for that there is less light of nature for it, and yet it restraineth our natural liberty in things at other times lawful; that it cometh but once in seven days, and many worldly businesses come between, and too often take off our minds from thinking of it, either to prepare for it, or to sanctify it; and that Satan with his instruments labours much to blot out the glory, and even the memory of it, to bring in all irreligion and impiety.

We want to have a positive effect upon culture and upon the auction industry and this is why we will not, as the Catechism says, be used by “satan with his instruments labours much to blot out the glory, and even the memory of it, to bring in all irreligion and impiety.”

Also, it is important for you to realize that we don’t profess to be perfect or keep the fourth commandment perfectly. By His grace, we continue to press on to please King Jesus with how we conduct business and ask for and thank you for your prayerful support and thank you for letting us share with you why we will never have an auction on Sunday.

Below is a very good sermon I heard titled, How The Church Celebrates the Sabbath by Pastor Geoff Gleason. (When we are conducting Auctions in Augusta, you will find us visiting Cliffwood Presbyterian Church – http://www.cliffwoodpca.com/ each Lord’s Day).  Pastor Geoff Gleason preached other sermons as well that are very good on the Lord’s Day/Sabbath – The Sabbath: Founded In Creation and Why Celebrate The Sabbath?

I hope you are encouraged if you are a Christian, share this timely message with other believers. May the Lord have mercy upon this land and use His people reach the lost where the fruit of redemption is manifested where you live by His people obeying the Fourth Commandment.

Yours in King Jesus,

Skip Dreibelbis

Should We Conduct Auctions On Sunday