A live auction is held in a gallery or salesroom of an auctioneer, and the auctioneer will also be the one who would host the event in real time. The audience is called bidders, and they will be the ones who will be making the bids to get a certain item. There are a lot of Phoenix AZ auctions, so if you are interested to this, joining one is not going to be a problem.
Attend previews. Most individuals specially newbies do not attend the preview of an auction. You must attend it so you have the chance to inspect the items even though you have already seen photos of it on the catalog. Having a closer look is always the best. For items you plan on bidding, take note of its lot numbers.
Now, you should not just go into one right away without having a strategy in mind. To end up getting items for a very reasonable price and within your budget, you need to have a strategy and make sure that your strategy could get you your wants. Before going into the site, here are tips that will give you the best chance of waking away as a winner.
Check the terms of payment before the said date of event. If you are planning to pay using your credit card or checking account, ensure they accept those payment methods. Also, ask questions about extra charges and deposits. There are auctions in which you must provide a refundable deposit.
Try not to let adrenaline to place you in some offering war. When offering, guarantee you will let yourself be overpowered adrenaline and excitement in order to not get heated into a bidding war. Offering wars leads to disrupting your norms with regard to your spending limit. Acknowledge that there are simply times that winning is not an option.
Check the auction list and make sure to plan your bids. Before heading out, study the list first so you can work out which among the items on the list will you be bidding on. Learn the phrases and terms used to understand everything. Doing this ensures that you will not start bidding on the wrong items.
Be certain. Be certain of a certain item before you place your bid on it. The bidding may start low and you might just be testing the water, but it should not be the case. You have no idea if a lot would fall flat. You do not want to find yourself going home with items you really did not want.
Expect that the best deals are getting auctioned in the afternoon. Most bidders usually bids more during the morning so when the afternoon comes, most of them will no longer have money to bid and would have less energy. Meaning, there is now less competition, giving you a bigger chance of winning that bid. Start bidding once your item presented.
Never go all in on your first bid. Even though you want something so badly, let the auctioneer control the pace. A good strategy would be to follow the auctioneer. Play smartly. Decide but always leave some room for yourself to move or else you will be out of the game yourself. There are no formula that guarantees success at auctions, but following the tips above can give you a fair and controlled one.
Attend previews. Most individuals specially newbies do not attend the preview of an auction. You must attend it so you have the chance to inspect the items even though you have already seen photos of it on the catalog. Having a closer look is always the best. For items you plan on bidding, take note of its lot numbers.
Now, you should not just go into one right away without having a strategy in mind. To end up getting items for a very reasonable price and within your budget, you need to have a strategy and make sure that your strategy could get you your wants. Before going into the site, here are tips that will give you the best chance of waking away as a winner.
Check the terms of payment before the said date of event. If you are planning to pay using your credit card or checking account, ensure they accept those payment methods. Also, ask questions about extra charges and deposits. There are auctions in which you must provide a refundable deposit.
Try not to let adrenaline to place you in some offering war. When offering, guarantee you will let yourself be overpowered adrenaline and excitement in order to not get heated into a bidding war. Offering wars leads to disrupting your norms with regard to your spending limit. Acknowledge that there are simply times that winning is not an option.
Check the auction list and make sure to plan your bids. Before heading out, study the list first so you can work out which among the items on the list will you be bidding on. Learn the phrases and terms used to understand everything. Doing this ensures that you will not start bidding on the wrong items.
Be certain. Be certain of a certain item before you place your bid on it. The bidding may start low and you might just be testing the water, but it should not be the case. You have no idea if a lot would fall flat. You do not want to find yourself going home with items you really did not want.
Expect that the best deals are getting auctioned in the afternoon. Most bidders usually bids more during the morning so when the afternoon comes, most of them will no longer have money to bid and would have less energy. Meaning, there is now less competition, giving you a bigger chance of winning that bid. Start bidding once your item presented.
Never go all in on your first bid. Even though you want something so badly, let the auctioneer control the pace. A good strategy would be to follow the auctioneer. Play smartly. Decide but always leave some room for yourself to move or else you will be out of the game yourself. There are no formula that guarantees success at auctions, but following the tips above can give you a fair and controlled one.
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