WHAT ARE AUCTIONS?|
Auctions are a unique and valuable way of selling almost any type of personal property. Some of the most popular auctions are those that involve household items or livestock or antiques. But auctions involve any other item you wish to dispose of, including the rapidly growing area of real estate.
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WHY SHOULD I SELL AT AUCTION?
This is often one of the first questions asked about an auction.AUCTIONS WORK!!!
1. Speedy process, Quick Turnaround.
An auction is immediate. It happens during a set time and is completed during that time. It's quick and efficient.
2. You Set the Time and Place of Your Sale.
It's as simple as that. You work with the auction firm to schedule what works best for you.
3. You Know Exactly When Your Property or Goods Will Be Sold.
There's no wondering whether or not your property will sell. It WILL sell and it will sell during the set auction time.
4. Comprehensive Marketing of Your Property.
Part of conducting an auction is marketing it to the general public to get as many people there as possible. Auctioneers have comprehensive mailing list they use to market their sales. They run advertisements, distribute fliers and more.
5. Buyers Come Prepared To Buy.
Auction goers come with money in their wallets, pockets and hands and are prepared to go home with property. For real estate auctions, this is especially advantageous because buyers must qualify to buy through a deposit of a certified or cashier's check.
6. No Negotiations.
There is no haggling over a price or merchandise. The auction method is quick and efficient. When people bid, they make a commitment to buy the property at that price without discussion or debate.
7. No Leftovers and Little Clean Up.
Every item at an auction goes up for bid and every item is sold. How many of you have ever had a garage sale and when you're finished, you spend hours packing up what didn't sell and looking for a place to store it? With an auction, there's no worry about what to do with leftover items because there aren't any. This also means very little clean up.
8. Competitive Bidding.
Auctions motivate people to perform. People get caught up in the competitiveness of the bidding and many times this drives the price of items higher. To some it's like a game, and they want to win at all costs (or hopefully for you, at high costs!) And did you know that 9 times out of ten, an auction brings in the fair market value, if not more, for any item put across the auction block?
9. Exciting Atmosphere.
There's no more exciting atmosphere than an auction. Crowds of people competing for property combined with that lively auction chant makes for some great entertainment and fun. It makes people feel good and makes them feel like spending.
10. People love auctions, because they love sales. Statistics show, in a good or bad economy auctions remain a steady force. When the economy is bad, the auction industry does not feel the impact: people still flock to auctions.
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HOW MUCH DO I NEED TO HAVE IN ORDER TO HOLD AN AUCTION?
If you have any size estate or collection you need to liquidate, please contact us; we will meet with you, discuss your particular needs and review your options to enable us to produce the best results for you.Top of Page
NO AUCTION IS TOO BIG OR TOO SMALL
WHAT HAPPENS WHEN I AGREE TO AN AUCTION?
Once we agree to terms and establish a date, we begin working on your auction. Your sale will immediately be added to our Calendar of Events. Then, approximately two to three weeks prior to the sale date (depending on estate size), we will begin the process of inventory and display of everything to be sold at the sale. Advertising will begin within two weeks to a few days before the sale, depending on the size of the sale and the location. We will also be advertising your sale on various media, including our customer list.
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PICKING AN AUCTIONEER CAN BE A DAUNTING TASK. MANY FACTORS COME INTO PLAY
WHY SHOULD I USE WORKMANS AUCTION?
Because your trust deserves the highest quality of Professional & Personalized Service.
A successful auction doesn't happen by accident. All of it depends on every aspect being carefully planned and executed. First, an initial inspection to determine what you have, a discussion of your goals and expectations, and finally, what you can reasonably be expected to net from an auction.
We respect your wishes and work with dignity and professionalism to make this a easy a transition and transaction as possible.
Can do most auctions in one day
You receive your money the same day as the auction
Furnishes records of all sales to buyer and seller
Does all advertising
Sets up merchandise
Furnishes a clerk and cashier
Furnishes highly trained ring men
Furnishes licensed auctioneers
If a large or remote location, has food on grounds for buyers
The more money we get, the more money you get
Family owned and operated
Gives each auction our personal touch.
Offers all this and is still highly competitive
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WHY SHOULD I BUY AT AUCTION?
Speed of the Process
There's no doubt that an auction is the fastest sales process around. It's quick and efficient and that's what makes it attractive. Many items are sold in a short time.
You Set your Own Price and Establish a Value
You are in control. You decide when you want to bid and how much to bid.
Opportunity for Good Value
With a wide array of items up for bid, there's always an opportunity to get a good deal. Sometimes it's a matter of just wearing down other bidders.
Fun and Excitement
There's no doubt an auction is entertainment at it's finest. Crowds of people competing for unique property make for some great entertainment and fun. It's an event the whole family can enjoy.
Honesty of the transaction
Auctions are very organized and the rules are straight forward. Auctioneers who are members of the Arkansas Auctioneers Association, as I am, are bound by a code of ethics that protects consumers against unfair auction practices.
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WHAT SHOULD I DO TO BUY AT AUCTION?
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* Inspect all items you are interested in, due to our As-is, where-is policy.
* Must have a bidders card which is easily located on the day of sale.
* When bidding on auction day please keep your card in view of auctioneer.
* Payment must be received on the day of the sale unless prior arrangements have been made. Do not move items to your vehicle until you have paid.
* Payment accepted: Cash, Check with drivers license number or Cashier's Check only.
* All items are subject to applicable sales taxes unless you present your farm exemption card, resale or legal exemption certificates.
* All bidders must register and furnish proper ID.
* All serial numbers will be recorded.
* We do not give any kind of warranty or guarantee on ANY item.
IT'S FUN, IT'S EASY AND YOU WILL LIKELY FIND SOMETHING YOU WANT OR NEED