Questions to Ask Yourself Before a Commercial Auction

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Posted On: September 13, 2017 by Backes Auctioneers in: Auctions

To be successful you must do your homework, or else the competition can distract you from your main goal or limit you have set. That’s why Backes Auctioneers has put together a list of questions you should ask yourself before attending a commercial auction in order to make sure you are prepared. Will I be able to stay focused if I have a lot of money on the line? Declaring how much money you have in public can be a strange feeling. When you continue to bid higher and higher, stress begins to build. It’s an exciting feeling to win what you were bidding on, but it’s not the best feeling when you realize you climbed too high and spent more than you wanted. That’s why it’s important to stay focused and not get carried away because of competition. Can I stick to a limit I set for myself? Sticking to a limit may be the hardest thing to do at an auction. The emotion and intensity that get built up make you want to continue to your final goal, but it’s

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