Category: Auction Tips

How Technology Has Changed Auctions

The history of auctions dates back to 500 B.C. The Roman Empire used auctions to liquidate and estate goods. The earliest records of auctions can be found in the 1595 Oxford English Dictionary. As times have changed the face of auctions has transformed to accommodate the digital age. When most people think of online auctions,… Read more »

Tips for First Time Auction Buyers

Auctions are a great way to purchase real estate, antiques, and rare items. If you are new to auctions, however, there are a few things to keep in mind to make your experience as smooth and enjoyable as possible: Arrive Early Most auctions have 90 minutes of preview time before the event gets started. This… Read more »

Auction Terms You Should Learn

At auctions, you can expect auctioneers to be talking a mile a minute and buyers quickly waving their paddles in the air. Although the process is fairly simple there are many terms that an inexperienced bidder wouldn’t know.   Knowledge of these  common auctioneer terms can be the key to success: Auction chant                                 Known as… Read more »

­­­­­­­Benefits of Real Estate Auctions

Trying to buy or sell a home or property on your own can become a headache and a hassle. What if few, if any, people are interested in it? How are do you find the right buyers?   An auction, on the other hand, is about bringing like-minded people together for a purpose, and auctions… Read more »

‘Grease’ Costumes to Be Auctioned for Cancer Research

This iconic musical debuted in 1978 and became the highest-grossing musical film at that time. Grease is well known for its 1950’s style costumes and choregraphed dance numbers. Now, 41 years from its premiere, Olivia Newton-John’s classic looks will be up for auction the public. A portion of the proceeds from the auction will go… Read more »

900-Year-Old Chess Piece to be Auctioned in London

900-Year-Old Chess Piece to be Auctioned in London

Purchased for just a few dollars five decades earlier, this medieval chess piece is set to go on auction for over $1 million dollars. This item was discovered when a Scottish family took the game piece to Sotheby’s, a British American company specializing in decorative art, real estate, and jewelry auctions. Sotheby determined that this… Read more »

Apollo 11 Lunar Module Timeline Book to Go On Auction

On July 20, 1969 Neil Armstrong and Edwin Aldrin became the first humans to land on the moon. The journey to space was a long road which is rooted in tensions between America and the Soviet Union called the Cold War. On October 4, 1957 the Soviets launched Sputnik, an intercontinental ballistic missile and the… Read more »

How to Score a Bargain at a Live Auction

Finding a Deal at an Auction

Live auctions can be both exciting, and intense. They’re incredibly fast-paced events, where auction-goers bid against one another in a format that can be dizzying if you’re new to it. But actually, live auctions are a great place to find a deal—it’s where the real value of an item can be appraised and debated. That’s… Read more »

How to Succeed at Buying Land at an Auction

Someone Bought Land through an Auction

A land auction offers one of the easiest ways to invest in property. The process is very straightforward, and every potential buyer is placed on a level playing field. Here are a few things to know in order to be successful at your next land auction! Research and be prepared Often, the team of real… Read more »

A Guide to Live Auction Etiquette

People putting up bids at an auction

Planning on attending a live auction but unsure of the proper etiquette? Read on for some helpful tips so that you’ll be ready to start bidding! Do: Bid for what you want Only bid for items you really want to win. Try not to get caught up in the excitement and bid on something you’re… Read more »