mardi 23 juin 2015

Four Key Points To Consider When Attending Furniture Auctions In Arizona

By April Briggs


There is nothing more exciting than sitting in a room crowded with other people gripping that paddle, waiting for that elusive item to be put up for sale. Auctions are a great venue for people who want antiques, eclectic decor, and objects that you cannot find in a store. If your goal is to discover unique furniture and household items, than this is a great way to spot that one of the treasure few others possess. Furniture auctions in Arizona offer you many opportunities to purchase one of kind pieces at very reasonable prices.Here are a few key pointers to keep in mind before you venture out to your first auction.

By following these simple suggestions you will be more prepared for what to expect. You will also have an idea of what the event offers, if it has furniture you are looking for, and how much you are willing to spend on that item. This also helps you set a mental budget so that when the excitement of the auction begins you will not go over your limit.

Create a list of the type of furniture you are looking for, then check your local newspaper or internet source to find out which auctions are happening locally. Next, ask what type of items will be going up for bid. Keep in mind not all events are the same, so if you are searching for eclectic Southwestern furniture, make sure you do not attend an auction with Victorian era merchandise.

The main pointer to remember is to become familiar with the format of a live auction. The first time you attend, just watch and observe to get a feel for the venue. It is rather surprising how often people forget to do this one step. The reason for it is to become comfortable with the auction setup. This decreases the chances of you buying something you were not looking for.

Many auctions give you the opportunity to attend something called a preview. What this means is the auction house gives the public a chance to attend a few hours or days before the event is to be held to look over the merchandise. This does not cost anything, plus it gives you the chance to see what is going up for sale. You can measure, handle the item, and get a general idea of whether or not it would be a good fit for your home.

Auctions are well known for their fast paced environment. When the auctioneer is talking ten miles a minute it may be hard to keep up with what is being said. If you are not familiar with the terms auctioneers use, you may end up making mistakes or losing out on a bid. You can easily avoid this by spending learning the language.

Two common terms that you will hear frequently is start price and reserve price. The starts price is the minimum amount the bidding will start at. The reserve price is the smallest amount the seller will accept as the final sale. If you spot furniture that appeals to you, make sure to find out if there is a reserve price. This will eliminate the possibility of you going over budget, and will ensure that the reserve price is not more than you are willing to pay. Remember, the goal is to leave with unique furniture that is not overpriced.

The most important thing to keep in mind is to remain calm so you do not fall prey to buyers frenzy. It is very easy to become overly excited and enter a bidding war. By remaining levelheaded you will decrease the possibility of going home with an item that was over budget. By following the simple tips you will find the auction experience very stimulating and rewarding as this is a wonderful way to find original and organic pieces of furniture for your home.




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