Maximize Auction Bids

 

Maximize auction bids by following some simple rules. Bidding at live auctions or online auctions is exhilarating, and the pace at which the auction moves effects the bidding potential for buyers, and thus prices for sellers. A good rule of thumb I give bidders is to determine ahead of time the maximum you would bid on a piece, and then add 10% as a cushion. That little extra space will help you stay focused on the bids without having to constantly calculate your winning bid price. Auctions are fun and dynamic, and we auctioneers get a thrill from the heat of competitive bidding; an emotion shared by bidders alike. Lasting relationships are built between auction companies and their customers, and one way to foster this relationship is to build trust. I encourage individuals to collect what they like or love, and not to buy with any pre-conceived idea of what is marketable to, or favored by, the general public. Just think Beanie Babies.  Dealers are seasoned professionals and understand their market well, so to them, I say bid, bid, bid. Knowing what you are bidding on is as important as the amount you plan to bid. A little research goes a long way in assisting buyers in making informed purchases, which in turn reduces buyer’s remorse. Auctions include many different types of assets; real estate, antiques, collectibles, machinery, equipment, restaurant equipment and many more, so familiarizing yourself with the asset you are bidding on will make you a happy, satisfied bidder. Some of the most expensive items in the world are sold at auction; art, racehorses, mansions, islands, automobiles, and jewelry, to name a few. If you are new to auctions, I would recommend that you seek out local auction companies and attend an auction or register to participate in an online auction by a local auction company. You will gain valuable insight in how to bid, how to maximize auction bids and how to effectively bid on those “must have” pieces. Auctions, online and live, are everywhere and the opportunities to bid will continue to become more readily available. Research those items you have your eye on, set a maximum, add your 10% cushion and sit back, bid and enjoy the auction.

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References

After my husband passed suddenly, I was unsure how to sell a rather large house, his significant collections and many...
Boyleston Auctions
2021-01-15T16:36:57-05:00
After my husband passed suddenly, I was unsure how to sell a rather large house, his significant collections and many valuable household items. A friend put me in touch with Gina Boyleston of Boyleston Realty and Auctions.com. Gina laid out a plan to sell our things in stages, locate a smaller property and prepare my existing home for sale. She, her husband Daryl and crew guided me through several months of activity until all my goals were met. My house sold in five days after closing on my new patio home. Without Gina and her vast knowledge of buying and selling, I would have been totally overwhelmed. She is the ultimate professional business woman and has also become a friend. I endorse her for any job large or small. Excellent results!!! Martha Young, Pensacola, FL - Jan. 2021

Gina is excellent! She provided such great service and support. She sold some business real property I inherited that I...
Boyleston Auctions
2021-01-21T18:36:35-05:00
Gina is excellent! She provided such great service and support. She sold some business real property I inherited that I thought I would never be able to get rid of and she got us a good price! She takes care of all the details and her communication is excellent. She also responds quickly when you have any questions or concerns. If you want the job done and done well, go with Gina!! J. Jenzen, 2021      

Our family had a fantastic experience with Gina and her company. She helped us clear out, organize, and sell a...
Boyleston Auctions
2021-01-15T16:38:04-05:00
Our family had a fantastic experience with Gina and her company. She helped us clear out, organize, and sell a house and all the items accumulated therein (since 1976!). We made good money on the house as well as ALL of its contents. My family is extremely grateful for all that Gina did, she was a lifesaver especially given the advanced age of my parents and the fact that my brother and I live out of state. I strongly endorse this company and would use them again in a heartbeat. M. Rowland, Nov. 2020

We had a wonderful experience working with Gina Boyleston! She was very professional, patient, and easy to work with. She...
Boyleston Auctions
2021-01-15T16:38:52-05:00
We had a wonderful experience working with Gina Boyleston! She was very professional, patient, and easy to work with. She went above and beyond our expectations. She especially helped us during the closing process. I would hire Gina to be our realtor again and again! L. Friesner, Nov. 2020

Professional with a strong emphasis on listening to your individual needs with compassion and sincerity. Highly recommend and would give...
Boyleston Auctions
2021-01-15T16:39:35-05:00
Professional with a strong emphasis on listening to your individual needs with compassion and sincerity. Highly recommend and would give a reference anytime. D. Wallace, Feb. 2020
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Boyleston Auctions