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| INFORMATION FOR SELLERS |
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FOR BASIC ESTATE & SMALL BUSINESS LIQUIDATIONS.
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ALL RARE Significant VALUABLES & ASSETS,
are thoughtfully researched to determine current value and marketed accordingly.
COMMON ORDINARY ITEMS,
First, we try
to sell items individually. However, we can grouped items together, if our experience tells us that would be the best choice, some times the buyers will requested that some items be groped together. The auctioneer will make the decision as what will bring higher bids.
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| When common items are not requested to sell individually, they are sold by grouping item together. Sometimes one or more groups will even sell together if one group will not sell by on it's merits.
Sellers: Every item may not be described on your print out, but as a lot number. for such or as a group number or common box lot. So much per lot, or group, 1-2 BOXS OF SEWING Fabric. 1 GROUP OF KITCHEN POTS & PANS
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HOW ARE MANY ITEMS SOLD?
ALL RARE Significant VALUABLES & ASSETS,
are thoughtfully researched to determine current value and marketed accordingly.
COMMON ORDINARY ITEMS,
First, we try
to sell items individually. However, we can grouped items together, if our experience tells us that would be the best choice, some times the buyers will requested that some items be groped together. The auctioneer will make the decision as what will bring higher bids. |
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CAN I SET A MINIMUM ON MY ITEMS THAT SELL ON MARKET DAY?
Only jewelry and automobiles have a reserve. Since there are many items to be sold on Auction Day, all items must be sold without reserve. This allows the auction to maintain a reasonable duration of time. Please keep in mind that our auction marketing will bring the buyer to the auction.
WHEN I SELL MY HOUSE AT AUCTION, MAY I SET A RESERVE?
Yes! Although a home that is sold absolute, or to the highest bidder, is a great marketing strategy, a reserve may be placed on the home. The reserve is not disclosed to the public and the home will be fully marketed to obtain the highest price.
ARE HOMES SOLD AT AUCTION TYPICALLY FORECLOSURES OR IN NEED OF REPAIR?
Absolutely not! Homes sold at auction are typically good homes that need good owners. Sellers may opt to hold a real estate auction verses a typical listing so that they may sell the property faster with less selling costs. The properties sold in the past were from owners who are downsizing, settling an estate, selling investment homes or just want to sell quickly.
WHAT IF BUYERS CAN'T ATTEND ON AUCTION DAY?
We do allow for absentee bidding. Buyers usually preview the items personally before the sale, leave a deposit for the max they want to bid. The Buyer will need to fill out a absentee bid form and the auction staff will bid competitively on their behalf. See the Absentee Bidding link for more information and the form.
WHAT FORMS OF PAYMENT ARE ACCEPTABLE?
Kansas City Auction companies accepts cash, local check, Visa and Master card at our weekly auctions. On-site auctions typically accept only cash and local check.
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AGAIN: WHEN I SELL MY HOUSE AT AUCTION, MAY I SET A Reserve?
Yes! Although a home that is sold absolute, or to the highest bidder, is a great marketing strategy, a reserve may be placed on the home. The reserve is not disclosed to the public and the home will be fully marketed to obtain the highest price.
ARE HOMES SOLD AT AUCTION TYPICALLY FORECLOSURES OR IN NEED OF REPAIR?
Absolutely not! Homes sold at auction are typically good homes that need good owners. Sellers may opt to hold a real estate auction verses a typical listing so that they may sell the property faster with less selling costs. Our typicall home seller's that have sold properties in the past were owners that were downsizing, settling an estate, selling investment homes or just want to sell quickly.
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