How
to Get an Incredible 25%, 50% or Even a Massive 97%
Off Property, Transport, Computers, Antiques, Household
Goods...
In
Fact, Just About Anything!
Never
pay retail prices for a thing ever again!
Incredible
auction secrets they don't want you to know, finally
revealed! What, why, where and how!
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This
amazing book is the culmination of years of experience,
insider tips and secrets written by the founders
of GovernmentAuctionsUK.com,
and GovernmentAuctionsUSA.com,
veteran sites that have been serving the auction
going public for years.
Government
Auctions websites are run specifically
for dedicated bargain hunters, they are the
first place people come when looking for a
steal. Whether it's cars or vans, computers
or software, linen or silk - it's all being
sold right now somewhere in your country.
The
auction methods exposed are universal. If you
can make a killing at auctions in the USA you'll
make money and savings at auctions around the
world... FACT
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Government
Auctions sites receive literally thousands of enquiries
a week from auction visitors, purchasers and consumers
who are interested in what's being sold across the
country at auctions and how to buy it.....
'Everything
You Could Ever Need to Make a Killing at Auctions' will
help you ensure you know exactly how to get your hands
on those bargain goods without getting them burnt!
Government
Auctions sites have been running since 1999 and
now boast an impressive client database. Although the
name suggests they deal mainly with government auctions,
which they do comprehensively, they actually cover
the whole spectrum of sales.
Clients
keep coming back because they offer sound, up-to-date
information... including tips and tactics for bagging
those deals.
That
information has now been published in 'Everything
You Could Ever Need to Make a Killing at Auctions'
'Everything
You Could Need to Make a Killing at Auctions' is fast
becoming the definitive bible for all those looking
for a sale, the first reference point, the Yellow Pages
of the auction world.
Why?
Because
clients know that the information comes right from the
horses mouth, from those in the trenches. Instead of
having to bid naively and with a certain sense of trepidation...
people simply consult'Everything You Could Ever Need
to Make a Killing at Auctions'
So
for all the very latest auction info ensure you become
the proud owner of 'Everything You Could Ever Need
to Make a Killing at Auctions'
This
superb guide is written by seasoned auction goers,
contains 24,000 words and will guide you through
the sometimes-daunting world of auctions.
The
purpose of the guide is two-fold.
First,
it is to stimulate your interest in auctions in general.
Auctions are fascinating places; full of sharp-eyed traders
ever-ready to snap up a bargain, anxious vendors keeping
their fingers crossed that they will achieve, or even
better their reserve, nervous first-time bidders unsure
of what to do or how to behave.
Bored
staff waiting for the day to be over at rate of 110 lots
per hour, distressed sellers seeing a treasured possession
or family heirloom slip from their grasp. Victory, defeat,
elation, despair, excitement, boredom, every emotion
is present to some degree at an auction.
Indeed
with a good auctioneer controlling proceedings the excitement
can be infectious, particularly when a much sought after
lot hits the floor. Building slowly and steadily as bidder
after bidder drops out until only two bidders remain
- a winner and a loser, one elated, one disappointed,
the auctioneer builds upon the charged atmosphere, and
then moves onto the next lot.
The
second function of this guide is to strip away much of
the myth associated with auctions and to show them for
what they really are. Auctions are either places where
you can buy something at a knockdown bargain price (if
you know what you are doing, know what to look for and
how to behave), or places where you can pay over the
odds for something that you really did not want in the
first place.
Whether
you are interested in auctions as a means of purchasing
the occasional item which you need for your home or business,
or whether you wish to take the next step and buy and
sell at auction, this is the guide for you. It is written
by a team of experienced auction-goers.
It
is designed to help you bid successfully at four major
types of auction:
Antiques
and Collectibles
Government and
General Auctions
Motor Auctions Land and
Property Auctions
Finally,
at the back of the guide you will find a glossary of
terms ranging from antique dealers' 'tradespeak' to explanations
of some of the more specialist terms found in the auction
world. To be successful at auction you have to be as
knowledgeable, or even more knowledgeable about both
the tricks of the auction trade and the goods on offer
as everyone else that turns up on the day.
WHY
PEOPLE SELL AT AUCTION
There
are probably as many reasons why people sell at auction,
as there are auctions.
Everyone's
circumstances are different. The reasons why goods and
property are put up for auction rather than being sold
through a private sale vary enormously. It's very rare
indeed for the real reason why something is being put
up for auction to be disclosed.
However,
trying to understand why people sell at auction can help
you enormously when it comes to picking up a bargain.
While
we were preparing this guide we contacted a wide range
of auctioneers as well as traders who make their living
buying and selling at auction. Here's a list what they
consider to be the top ten reasons why people sell at
auction:
1.
No heirs - a property being sold at auction may
have belonged to someone who died intestate (without
a will)
2.
Repossessions - the property has been repossessed
by a bank or building society - such repossessions
occur at all levels of the property spectrum, and while
they are at their highest levels during recessions,
they happen all the time.
3.
Disposable property - commonly an old barn on a
farm, or painting, or antique - is often put up for
auction when times are hard and cash is needed urgently.
4.
Anonymous disposal - a company that made a mistake
and bought too much stock; they want to sell something
quietly without advertising the fact through a private
sale. An auction is the perfect vehicle.
5.
Quick disposal - if you want to sell something
quickly (especially antiques and collectibles) - and
you want your money fast without having to wait months
to make a potentially better private sale - then an
auction is the way to go.
6.
Speed of disposal - auctions are the favoured way
for large companies and government agencies and departments,
for example the Ministry of Defence, to dispose of
unwanted assets quickly.
7.
Misconception - some people believe (wrongly) that
they will always get a higher price at auction.
8. Ease
of disposal - many people don't want the bother
of placing an advertisement and dealing with potential
purchasers involved with a private sale. For them an
auction is much less trouble.
9.
Easy profits - auctions are perfect places to dispose
of goods taken in part exchange or demonstration models.
10.
Last place for a sale! - goods that are approaching
the end of their useful lives - such as high mileage
vehicles - and whose faults and deficiencies quickly
show up at a private sale, are usually sent for auction.
TYPES
OF AUCTION
The
range of auctions that take place is extremely wide and
you can buy almost anything, from a house to an oil tanker
and everything in-between. Indeed some of the more interesting
recent developments have been the use of the Internet
both as a means of disseminating information about various
auctions and as a vehicle for hosting auctions themselves.
Here's
a short description of the most common types of auction:
Government & General
Auctions
Government and General Auctions are amongst the most common
auctions to be found. Here you find a vast range of materials
that have to be sold by various government bodies, for
example: Customs & Excise, the Police, the Official Receiver,
the Ministry of Defence, local councils and authorities,
liquidators, as well as material put up for auction by
companies and members of the public.
Also
in this group you will find auctions ordered by executors
who are entering the assets of individuals who have perhaps
died intestate (those who have died without leaving a
will), or in debt.
One
of the most interesting bodies to look out for at auction
is Customs & Excise, and the coastguard who may be entering
at auction various items seized from smugglers, fraudsters
and racketeers.
Motor
Auctions
Here
you can buy anything from a clapped out banger to a brand
new top-of-the-range model; from a run-of-the-mill family
saloon to a rare collector's item. Not only are motor
auctions an ideal place to pick up a bargain - if you
know what to look for (and we will explain this in detail)
- but also they can often be an entertaining evening
out.
Land & Property
For
the ordinary person land and property auctions can be
quite daunting as they are places where they can see
literally huge sums of hard-earned cash change hands
in a few minutes.
However,
knowing the ropes at land and property auctions can allow
you to pick up residential and investment properties
at knockdown prices. In 'Everything You Could Ever
Need to Make a Killing at Auctions' we explain how
they work.
Antiques & Collectibles
Auctions
of antiques and collectibles are fascinating places and
hold the opportunity for making serious money. If through
your knowledge (and luck) you can spot a bargain at one
auction, snap it up, and sell it on at another.
Internet
Auctions
With
a potential audience of 300 million people who are already
on-line, the Internet is the most exciting part of the
auction world at the moment. Led by sites in the United
States but closely followed by UK auction houses, specialist
Internet auctions are springing up all over the place,
selling everything from antiques and collectibles to
holidays, air travel, brand new computers, and household
equipment.
Titles
If
you fancy being the Lord of the Manor then you can buy
a hereditary title at auction. Every year several of
these specialist auctions take place and quite apart
from the value to someone who wants to be addressed as
Baron or M'Lord, they are enormously entertaining for
anyone interested in people-watching.
Insurance
Policies
For
anyone with a keen eye for a bargain, auctions of second-hand
endowment policies can be an excellent place to pick
up a bargain. The attraction is that someone else has
already paid substantially to set up the policy in the
first place, and you will be able (with the help of your
trusty financial calculator) to calculate its real worth
and decide whether it's worth your while snapping it
up.
On-Site
Auctions
Sometimes
when the stock or assets of a company are simply too
vast or too bulky for an auction house to transport to
their own premises and store, they will hold an auction
within the confines of the bankrupt company itself.
You
could find yourself bidding for items which are still
plugged in, and the great advantage of these auctions
taking place on the premises is that you have the opportunity
to view the goods as they were being used, and you may
be able to try them out.
You
can also avoid the possibility of goods being damaged
whilst they are being removed as you can do it yourself
or at least supervise the activity.
Private
Treaty Sales
Occasionally,
when you are looking at an auction catalogue, you will
note that some of the items have been withdrawn. Usually
these goods have been sold by 'private treaty'.
This
means that the goods have already been sold off, usually
to a trader or dealer on a private, behind-the-scenes
basis before they have had a chance to be offered at
the auction sale.
These
goods are rarely in single lots - photocopiers or fax
machines would generally be sold in bulk lots for instance.
Occasionally
lots might include the contents of a ladies' fashion
store, a newsagents or even a fleet of cars or dump trucks.
If you are interested in private treaty sales then it
is essential to make yourself known to the various auctioneers
and act fast.
Usually
dealers and traders who are interested in private treaty
auction sales will be on an auctioneer's mailing list,
and as soon as the auction catalogue is published they
will be on the scene putting in their bid for large lots
of stock.
All
this and much, much more...
'Everything
You Could Ever Need to Make a Killing at Auctions'...GET
IT NOW!
How
to Get an Amazing 25%, 50% or Even a Massive 97% Off
Property, Transport, Computers, Antiques, Household
Goods...
In
Fact, Just About Anything!
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