One of the biggest insecurities many people have when coming to an auction is not knowing all of the ins and outs of the process. With all of the items, people, bidding and excitement, it is easy to feel overwhelmed. If you’re feeling unsure, Backes Auctioneers has some tips and tricks on what not to do to make sure you win everything you have your eyes on!
Don’t go in unprepared
Before you even start bidding, there are a few things you need to do. First and foremost, decide what items you are wanting to purchase. Knowing exactly what you need or are willing to buy will help with future steps. If you’re able to, check out a preshow of the items and inspect the things you plan on purchasing. Sometimes, there can be damage such as rust or dents that may impact how much you are willing to spend. Finally, set your top bid price for each item. By having a price limit for each item, you can prevent overpaying.
Don’t be shy
You’re there to score a great deal at auction! The item you’ve had your eyes on is literally at your fingertips. This is no time to be standoffish. The auctioneer needs to see and/or hear you so they know you are interested in the item.
Don’t go alone
Most auctions require you to take items with you same day. If this is the case, you may need help carrying or securing your items. Or, you may need help winning the bid all together! Some people utilize a team effort in order to win a bid. If you choose this strategy, make sure everyone is clear on who will bid and what the stopping point will be. You don’t want to raise the buying price!
Whether it’s a big-ticket item or just something you have your eye on, sometimes placing a last-minute bid can help you win. Other people may have hit their spending limits towards the end of the session or have already gone over budget with other items. Either way, their loss is your gain!
At the end of the day, auctions are a great way to find the items you’ve been looking for. Whether it’s a team effort or you’re going solo, we hope these tips and tricks help you get everything you want at your next auction. Now that you know what not to do, find the perfect auction to attend here.