Auctions fundamentally are all about competition steering furniture prices either up or down.
Auction sales make available great purchasing opportunities for home decorators willing to allocate much time in attending sales and these efforts usually are rewarded with remarkable buys that can either be resold or taken home for beautifying any room.
Public auctions are the most common, which is generally ‘open to the public’. Items on sale here greatly vary such as real estate, cars, business equipment, furniture, restaurant equipment, collectibles, antiques, tools, machinery, etc.
Usually, auction sales that feature household furniture and other items normally are conducted during evenings and weekends when many target audiences will be available.
If you are searching for something, and find it at an auction site, before you bid, check the price!
Here are tips to help you out:
1. Before going to the auction site, get a copy of items so that you will know that the items there are what are looking for. Call the site in the morning before going there to confirm if the sale is sure to push through.
2. Inspect thoroughly the furniture as auction goods are not guaranteed, if the furniture you are eyeing on is described as defective, check if you can easily fix the defects.
3. Set your budget and do ‘stick to it’.
4. Remember some auctions add a “buyer’s premium” to your furniture’s final ‘bid price’.
5. Do not bid ‘higher than’ your budget.
6. Go to auctions ready with transportation, so you can easily bring home your furniture.
7. Look for bargain deals, that furniture needing a bit of repair.
8. Listen for any modifications declared by the ‘auctioneer’ in the furniture description they usually give at the beginning of the bidding.
9. If you mistakenly bid on the wrong furniture, immediately tell the auctioneer, even if you have already a legal responsibility once you won the ‘bidding’, depending on the auctioneer’s discretion, he can again present the furniture for auction.
10. Be familiar with the auctioneers near your area, approach them, and tell them you wish to be informed about certain furniture that interests you before the sales.
Ask them to include you on their schedule lists and ‘auction notification’ which generally are sent to you either by e-mail or fax, with forthcoming auction list sales including pieces available.
Finding great quality second-hand furniture on auctions can be not always thrifty and somewhat difficult, but all the time rewarding and fun, once you get the hang of it! Good Luck!
