A: An auction is a process of buying and selling property or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. See also History of Auctions.
A: Our auctions are public events and everyone is welcome.
A: A bid is a verbal agreement of price that is the highest price that a buyer (bidder) is willing to pay for a good, item or service offered at auction.
A: At a personal property auction there are usually many transactions per hour, which means the pace of the auction is fairly quick. This is necessary to sell an entire estate or multiple consignors' items in a short period of time.
A: The excitement of bidding, the thrill of the hunt, the rhythmic chant of the auctioneers - all these elements generate a level of enthusiasm that only the auction method can generate. The auction is unlike any other buying or selling environment.
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