Auctioneer & Auctions & estate 16 Mar 2009 07:10 pm
Knowing where to Start!
Today I had a great phone conversation with someone regarding Auctions. They were in the situation of overseeing an Estate of a loved one and had a few questions regarding the process. The estate was in another state, and they were a little unsure as to what to expect in the process, expenses, and responsibilities of an auctioneer.
To say the least, the auction process, for someone who has never gone through it, can seem quite daunting. You are never really sure what to expect and whether or not that fast talker is slick talking you! Auctioneers can at times have a reputation for working “slight of hand,” so, at times we have to earn our clients trust. If you are having to deal with an Auctioneer, here are a quick few tips for questions to ask:
1. What do you charge and are there any “hidden fees?”
2. Can you give me a detailed list of any and all expected expenses? Advertising, crew, clean up, auction prep, etc?
3. Do you have any references I can touch base with?
4. What all comes with your service?
5. How are you planning on advertising my sale and getting the most “bang for my buck?”
6. What all am I expected to do prior to, during, and after the auction sale? What should I expect of you and your firm before, during, and after the sale?
From these basic starters, you should have a decent feel for what your Auctioneer has to offer. If you are needing an Auctioneer or Auction Firm in Tennessee or Southern Kentucky, we would be honored to answer the above questions and any others you have here at Gene Carman Auctioneers. If you want to reach me directly, you can do so at 615-428-4920 or RayCarman@gmail.com.