General Myths and Misconceptions about Auctioneers and Auctions
- Only used as a last resort
- Auctions are Fire Sales and everything is sold at a discount
- Only distressed property and junk is sold at auction
- You only see Auctioneers when there is… Debt, Death, Divorce, or Distress
Auction Facts
- Auctions have existed for over 2,000 years and is the truest method of price discovery.
- The competitive bidding of an auction determines the market value of an asset.
- Auctions generate excitement and allow interested buyers the opportunity to gather and tell the Auctioneer how much they are willing to pay for an asset.
Who says auctions are for distressed property only?
“Priceless” works of art are ONLY sold at auction!
Why?
The competitive bidding of an auction determines the market value and establishes the highest price a consumer is willing to pay. No More. No Less.
It’s Your Investment. Get the Most Money You Deserve.
Other Ways of Selling Assets but at a Discount: garage & yard sales, flea markets, craigslist, and swap meets
Only at Auction
- The auction team coordinates the auction, prepares the assets for sale and appraises their value
- Auctions are professionally marketed locally, nationally and internationally.
- Auctioneers utilize technology to increase bidder participation.
- Auctioneers create a competitive atmosphere among bidders achieving the market value for the assets they are charged with selling.
- Buyers come to auctions to find unique items and compete against other interested buyers.
Now you can see why auctions are so popular today, and they really are an advantage to the seller.



