Live auctions are a great way to find original items for your home at very reasonable prices. Better yet the likelihood of you walking away with a mass manufactured product are minimal. Anyone who desires unique products will find that the benefit from attending furniture auctions in Arizona. Here are four essential tips to keep in mind.
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.
Research the local auctions in your area. Once you have a list made, find out what each event offers. Some may focus on a Southwestern theme, while others can have a larger supply of Victorian era furniture. Not all auctions are the same. This way you will have a higher chance of finding what you are searching for.
The main pointer to remember is to become familiar with the format of a live auction. The first time you attend, just watch and observe to get a feel for the venue. It is rather surprising how often people forget to do this one step. The reason for it is to become comfortable with the auction setup. This decreases the chances of you buying something you were not looking for.
Most auctions offer something called a preview. Make sure to go to these as they give you the opportunity to see what will be sold at the event. Previews do not cost you anything except time, but they give you a chance to actually survey the furniture, touch it, test it, and make sure that it is something that you are actually searching for. Plus, you can take measurement to ensure it has the correct dimensions.
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.
Two common terms that you will hear frequently is start price and reserve price. The starts price is the minimum amount the bidding will start at. The reserve price is the smallest amount the seller will accept as the final sale. If you spot furniture that appeals to you, make sure to find out if there is a reserve price. This will eliminate the possibility of you going over budget, and will ensure that the reserve price is not more than you are willing to pay. Remember, the goal is to leave with unique furniture that is not overpriced.
The most important thing to keep in mind is to remain calm so you do not fall prey to buyers frenzy. It is very easy to become overly excited and enter a bidding war. By remaining levelheaded you will decrease the possibility of going home with an item that was over budget. By following the simple tips you will find the auction experience very stimulating and rewarding as this is a wonderful way to find original and organic pieces of furniture for your home.
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.
Research the local auctions in your area. Once you have a list made, find out what each event offers. Some may focus on a Southwestern theme, while others can have a larger supply of Victorian era furniture. Not all auctions are the same. This way you will have a higher chance of finding what you are searching for.
The main pointer to remember is to become familiar with the format of a live auction. The first time you attend, just watch and observe to get a feel for the venue. It is rather surprising how often people forget to do this one step. The reason for it is to become comfortable with the auction setup. This decreases the chances of you buying something you were not looking for.
Most auctions offer something called a preview. Make sure to go to these as they give you the opportunity to see what will be sold at the event. Previews do not cost you anything except time, but they give you a chance to actually survey the furniture, touch it, test it, and make sure that it is something that you are actually searching for. Plus, you can take measurement to ensure it has the correct dimensions.
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.
Two common terms that you will hear frequently is start price and reserve price. The starts price is the minimum amount the bidding will start at. The reserve price is the smallest amount the seller will accept as the final sale. If you spot furniture that appeals to you, make sure to find out if there is a reserve price. This will eliminate the possibility of you going over budget, and will ensure that the reserve price is not more than you are willing to pay. Remember, the goal is to leave with unique furniture that is not overpriced.
The most important thing to keep in mind is to remain calm so you do not fall prey to buyers frenzy. It is very easy to become overly excited and enter a bidding war. By remaining levelheaded you will decrease the possibility of going home with an item that was over budget. By following the simple tips you will find the auction experience very stimulating and rewarding as this is a wonderful way to find original and organic pieces of furniture for your home.
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