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BENEFITS OF AN AUCTION
1. People naturally ask themselves if it is better having an auction, selling privately, holding a garage sale, etc. Let me assure you that an auction has all of the advantages over other methods of selling.
2. In any other type of sale you are negotiating with one individual at a time, which ultimately means the potential buyer in all probability will do everything to get you to lower your price. The advantage to the auction method is that you have competitive bidding to assure you of the best overall prices. No one can guarantee prices on items being sold, but there is no doubt that to maximize the total bottom line amount taken in a sale, the auction method is by far the best way to sell.
3. Another big advantage of having an auction is that everything sells, and in most cases unless its an extremely large sale, it all sells in one day. In any other type of sale prices are reduced each day over at least a 3 day period and you are always left with lots of items to dispose of in some manner. The auction method solves that problem.
4. Auctions are especially advantageous in settling estates. Even in the closest of families friction will often occur over dividing personal property evenly and fairly. An estate auction is conducted out in the open and thereby avoids criticism of the striking of any "private or closed deals." When an estate is settled using the auction method, everyone is treated fairly, and any relatives have the option of bidding on anything they may want from the estate, just like anyone else at the auction. When the auction is finished the money can easily be divided, personal property cannot.
5. Please keep all of this in mind when you are considering liquidation of assets, and for the most prompt, courteous, and professional service call Dan or Julie at (937)429-7793.
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