There is nothing more exciting than sitting in a room crowded with other people gripping that paddle, waiting for that elusive item to be put up for sale. Auctions are a great venue for people who want antiques, eclectic decor, and objects that you cannot find in a store. If your goal is to discover unique furniture and household items, than this is a great way to spot that one of the treasure few others possess. Furniture auctions in Arizona offer you many opportunities to purchase one of kind pieces at very reasonable prices.Here are a few key pointers to keep in mind before you venture out to your first auction.
Now before you decide to go to the first auction listed in your local newspaper, make sure to keep a few pointers in mind. The reason for this is simple; during the excitement of a live auction it is very easy to go over budget. People may get lost in the moment, and end up buying something they did not intend to. Following these simple tips will decrease the chances of this happening.
Create a list of the type of furniture you are looking for, then check your local newspaper or internet source to find out which auctions are happening locally. Next, ask what type of items will be going up for bid. Keep in mind not all events are the same, so if you are searching for eclectic Southwestern furniture, make sure you do not attend an auction with Victorian era merchandise.
This simple step is the one that is often the most overlooked. All it consists of is observing. Just spend some time watching the auction to get a feel for how things are done. This way you will be ready for your next live auction decreasing the odds of falling into the trap of buyers frenzy. All this leads to is you going home with an overpriced coffee table.
Many auctions give you the opportunity to attend something called a preview. What this means is the auction house gives the public a chance to attend a few hours or days before the event is to be held to look over the merchandise. This does not cost anything, plus it gives you the chance to see what is going up for sale. You can measure, handle the item, and get a general idea of whether or not it would be a good fit for your home.
Auctions are well known for their fast paced environment. When the auctioneer is talking ten miles a minute it may be hard to keep up with what is being said. If you are not familiar with the terms auctioneers use, you may end up making mistakes or losing out on a bid. You can easily avoid this by spending learning the language.
The first is start price which is the minimum amount the auctioneer will start the bidding at. The next word you should learn is reserve price which is the lowest sale price that seller will accept. Sometimes the reserve price may be more than you are willing to spend on an item, so it helps to know ahead of time whether or not the furniture in question will be within your price range.
After all is said and done, the most important thing to keep in mind is to stay calm. Try to avoid getting swept away in a bid war as this will only drive up the item price, and increase the chances of you going over budget. Aside from that there is nothing more rewarding than leaving a live auction knowing you found the perfect piece for your home and managed to do under budget.
Now before you decide to go to the first auction listed in your local newspaper, make sure to keep a few pointers in mind. The reason for this is simple; during the excitement of a live auction it is very easy to go over budget. People may get lost in the moment, and end up buying something they did not intend to. Following these simple tips will decrease the chances of this happening.
Create a list of the type of furniture you are looking for, then check your local newspaper or internet source to find out which auctions are happening locally. Next, ask what type of items will be going up for bid. Keep in mind not all events are the same, so if you are searching for eclectic Southwestern furniture, make sure you do not attend an auction with Victorian era merchandise.
This simple step is the one that is often the most overlooked. All it consists of is observing. Just spend some time watching the auction to get a feel for how things are done. This way you will be ready for your next live auction decreasing the odds of falling into the trap of buyers frenzy. All this leads to is you going home with an overpriced coffee table.
Many auctions give you the opportunity to attend something called a preview. What this means is the auction house gives the public a chance to attend a few hours or days before the event is to be held to look over the merchandise. This does not cost anything, plus it gives you the chance to see what is going up for sale. You can measure, handle the item, and get a general idea of whether or not it would be a good fit for your home.
Auctions are well known for their fast paced environment. When the auctioneer is talking ten miles a minute it may be hard to keep up with what is being said. If you are not familiar with the terms auctioneers use, you may end up making mistakes or losing out on a bid. You can easily avoid this by spending learning the language.
The first is start price which is the minimum amount the auctioneer will start the bidding at. The next word you should learn is reserve price which is the lowest sale price that seller will accept. Sometimes the reserve price may be more than you are willing to spend on an item, so it helps to know ahead of time whether or not the furniture in question will be within your price range.
After all is said and done, the most important thing to keep in mind is to stay calm. Try to avoid getting swept away in a bid war as this will only drive up the item price, and increase the chances of you going over budget. Aside from that there is nothing more rewarding than leaving a live auction knowing you found the perfect piece for your home and managed to do under budget.
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