buying at auction
Arkansas Auctioneers are professional licensed individuals who are bonded by the State to protect you. To better serve our clients & customers, we maintain our education through Continuing Education seminars and membership in professional organizations like the Arkansas Auctioneers Assn., and the National Auctioneer's Assn. There are laws and requirements auctioneers must follow to keep their licenses, so you are protected. I belong to the Arkansas Auctioneers Association and the National Auctioneers Association.
When you come to one of our auctions, we want you to feel welcomed! If at any time you have a problem or need to bring something to our attention, especially with safety in mind, please see the Auctioneer. If the Auction is in progress, the Cashier.
You are always invited to view all the items prior to a live auction. Preview times are listed on the individual Auction listing. Auctions are one of the few places you are encouraged to handle and inspect the items for sale, so that you know exactly what you are buying and the condition it is in. There are no resales - all goods are sold as is- where is - in their current condition. If by chance you break something during inspection, just let us know so we can inform the crowd of the item change. Accidents happen, we have broken items too.
Before bidding, register with the cashier who will ask for identification, usually a driver's license or State issued photo I.D.. You will receive a bidder card, which will have your buying number on it. It is your charge card and contract with the auctioneer. Do not lose it, you are responsible for purchases made against that bidder card number.
Ask the auction staff questions prior to the auction. Inspect the merchandise. Usually all items are offered in "AS-IS, Where-IS" condition. By inspecting the items, you know exactly what you are bidding on and can determine what it is worth to you.
Get to the auction early. When the auction is ready to begin, the auctioneer will go over the rules, time certain objects will be offered, pick up details and anything else you need to know. The auctioneer will also answer any questions you have at this time. These announcements supersede any previously advertised statements or what you might have heard on the street. Everyone in attendance now should know all they need to know about bidding, paying, loading and any other detail just announced pertaining to the event.
Now you are ready. Enjoy the Auction!
*Some Auctions will have a numbered catalog. Be sure you download a copy if available prior to the auction so you can follow along and mark your items of interest so you don't miss them.
Listen to the Auctioneer closely. Pick up on their chant. Listen for the stated price, ask price and prompt questions like "would you give" (Woodygive) or some other filler. "I've 25 now 30. Woodygive 30? Bid till you buy it at 30". Hey, you got it! Each Auctioneer has a different style, and every auction is unique, so have fun and enjoy it!
When you see an item you are interested in, set a price in your mind of what it's worth to you. The auctioneer will call for bids in certain increments, and you can decide to hold up your card to bid or not. If you are the high bidder, hold up your bidder card so the number can be recorded. See, you set the price! Congratulations!
Most Auctions will accept payment in cash, checks with proper photo I.D., MasterCard, Visa or Discover debit or credit cards. A Convenience Fee may be charged for CREDIT CARDS. At any time during the auction or when it is over, you can go to the cashier, pay your bill, pick up your items and leave. You can also make arrangements to pick up large items on the day the Auctioneer announced before the Auction if you can't haul it the day of the sale. Once you have paid for the items you are responsible for them. Place your name and phone # clearly on the item and secure it if possible.
Many auctioneers offer the service of "Absentee Bids". That is if you need to leave and your desired item has not come up for sale or you are unable to attend the auction, you can leave an Absentee Bid with the highest maximum bid you would go to on the item. there will be an assigned bidder (usually the Auctioneer or clerk) to bid for you as if you were there, working to purchase the article for the best price, not necessarily the highest bid you left. We will bid for you until either your high absentee bid has been passed, or you buy the item, which ever comes first. in the event of a tie bid, it is the Auctioneer's decision who wins the bid.
Dealers buy for their clients and for profit, so bidding against them is competitive! Remember, if you want an item, set a maximum price in your mind before hand, and don't get carried away!
Please feel free to contact us if you have any questions. Remember, there's no such thing as a dumb question!