Some people cannot stand clutter and are unsentimental when it comes to old furniture, clothing, or pieces of china. It can be difficult to know what to do with these things though. If they have value, donating them to a rummage sale or just tossing them out seems foolish. In these cases, smart owners can make some extra cash by adding them to a consignment auction Pantego TX auctioneers, for instance, hold on a regular basis.
How often these sales occur depends on the auction house and the amount of pieces they have in their inventory. Many have sellers who put property into sales on a regular basis. Others may only enter items once or twice a year. Anything and everything may go on the block. Auctioneers routinely sell used farm equipment, jewelry, clothing, furniture, and antiques that have been consigned.
Some auctions are conducted online. There are a number of popular websites that hold a variation of this method. Individuals can offer all types of items on these sites for a set period of time, and people all over the world can bid on them. If you are involved with a small, local auction house, they may very well conduct their bid calling live. In this case, you probably will have to have your pieces on site so bidders can inspect them.
There will be fees of some sort associated with this transaction. Many companies charge a flat rate for participation, and others charge a percentage of the winning bid. Sometimes an auctioneer will add a buyer's premium that is addition to the high bid. This is usually his profit for selling your pieces.
Before you include your items in this process, you must know if your things will be sold with or without reserve. Depending on what you are selling, the auctioneer may allow you the right to accept or reject the bidder's offer. You might want to consider advertising the price that will be acceptable to you as the opening bid.
Another possible cost you may be expected to incur is a portion of the advertising. The general public has to know about the sale in order for it to succeed, and that requires marketing. The auctioneer does not normally invest his or her own money on promoting your property. If several sellers are involved, and all pay a percentage of the cost, this should not be a huge out of pocket expense.
If you are participating in a local sale, shipping should not be an issue. The purchaser is usually responsible for removing the items from the sale site once they have paid for them. If there are costs associated with getting the your pieces to the buyer, you may be required to pay them. The auctioneer's terms and conditions will be the deciding factor.
Instead of throwing out things you don't need anymore, consider consigning them to an auctioneer's sale. You can earn some extra money and have a good time doing it.
How often these sales occur depends on the auction house and the amount of pieces they have in their inventory. Many have sellers who put property into sales on a regular basis. Others may only enter items once or twice a year. Anything and everything may go on the block. Auctioneers routinely sell used farm equipment, jewelry, clothing, furniture, and antiques that have been consigned.
Some auctions are conducted online. There are a number of popular websites that hold a variation of this method. Individuals can offer all types of items on these sites for a set period of time, and people all over the world can bid on them. If you are involved with a small, local auction house, they may very well conduct their bid calling live. In this case, you probably will have to have your pieces on site so bidders can inspect them.
There will be fees of some sort associated with this transaction. Many companies charge a flat rate for participation, and others charge a percentage of the winning bid. Sometimes an auctioneer will add a buyer's premium that is addition to the high bid. This is usually his profit for selling your pieces.
Before you include your items in this process, you must know if your things will be sold with or without reserve. Depending on what you are selling, the auctioneer may allow you the right to accept or reject the bidder's offer. You might want to consider advertising the price that will be acceptable to you as the opening bid.
Another possible cost you may be expected to incur is a portion of the advertising. The general public has to know about the sale in order for it to succeed, and that requires marketing. The auctioneer does not normally invest his or her own money on promoting your property. If several sellers are involved, and all pay a percentage of the cost, this should not be a huge out of pocket expense.
If you are participating in a local sale, shipping should not be an issue. The purchaser is usually responsible for removing the items from the sale site once they have paid for them. If there are costs associated with getting the your pieces to the buyer, you may be required to pay them. The auctioneer's terms and conditions will be the deciding factor.
Instead of throwing out things you don't need anymore, consider consigning them to an auctioneer's sale. You can earn some extra money and have a good time doing it.
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If you are looking for the facts about a consignment auction Pantego TX locals can come to our web pages online here today. More details are available at http://www.frlauctions.com now.
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