How to Win at Furniture Auctions
Furniture auctions are something that more and more people are going to. There are many reasons for this from the current financial climate to TV shows showing us how good antiques can look. The only problem you may find is that you’re not getting your money’s worth. There are a few things that you can do to ensure you win the auction and get the best value.
5 tips to getting the best value at a furniture auction
There are many people who do win at auctions but find that they are not getting the value they were expecting. There are a few ways that you can make sure you get good value. There are also some ways that can go about winning good value auctions.
1. Be familiar with the rules of a furniture sale
Rules and regulations is something that all furniture sales will have. Depending on which auction house you are going to the rules may vary. It is best that you go over the rules of the auction you are at as this includes taxes that you may have to pay. The manner by which you can pay will also be covered by the rules.
2. Know what you want before going in
An auction will generally have a catalogue of all the items that will be on sale. It is a good idea to have a look at this catalogue. If you arrive early at the auction you can also have a look at all the items before they go up for auction. By doing this you can decide on what you before the bidding begins.
3. Have a budget and stick to it
Before you get to the auction it is a good idea to look at your finances. You should budget on how much you are able to spend at the auction. You should also set out limits on each item you want. By doing this and keeping it in mind you will not over bid and pay more than you should.
4. Waiting is a good idea
Being the first to bid means nothing. When you do this the only thing you are doing is pushing the price of the item higher. Waiting is your best option because if no-one bids then the price will go down. However, if someone else starts the bidding don’t panic and jump in as the second bidder. You will only push the price up. Wait until the bidding dies down on the item and then bid if it is still within your budget.
5. Look at the condition before you bid
Before you start bidding you have to make sure the item with worth buying. If you are looking at an item for personal use think about whether you have to fix it at all. If you do how much will fixing it cost? If you are looking at an item as a business investment you have to think about whether you need to restore the item. Restored items will sell for less than ones that have had nothing done to them.
There are a few ways that you can make sure you win an auction. Of course if you win the bidding you have to make sure that you are getting your money’s worth. When at auction always check the condition of the item before you start bidding.
This article was submitted by Simona Rusnakova, SEO Marketing consultant of 3r.ie, on behalf of LarryOKeeffe.com, providers of furniture Cork, furniture Limerick, furniture Tipperary and other types of furniture online in Munster, Ireland.
This article was submitted by Simona Rusnakova, SEO consultant of http://www.3r.ie, on behalf of http://www.larryokeeffe.com who sell bunk beds, mattresses, bedroom furniture and other types of furniture online in Munster, Ireland
Author Bio: This article was submitted by Simona Rusnakova, SEO Marketing consultant of 3r.ie, on behalf of LarryOKeeffe.com, providers of furniture Cork, furniture Limerick, furniture Tipperary and other types of furniture online in Munster, Ireland.
Category: Home Management
Keywords: furniture auctions, furniture stores, furniture shops, furniture sale, cheap furniture