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When we sell something with a price tag, we are making a guess. It might be a smart guess, backed by comps and experience, but it is still a guess. An auction is different. We set the rules, market the sale, and then we let buyers compete. The final...
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Traditional auction formats do a solid job when you’re selling standalone items. But when assets work better together — like land parcels, machine...
As a former auctioneer who’s been in this business for a couple of decades, I’ve seen a lot of changes. But as a technology enthusiast, I can tell...
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A client of mine called with a favor. He helps run a series of fundraising auctions for his church and needed a basic way to manage bidders, clerk...
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Getting seller terms right protects your business and builds trust. Here is a plainspoken guide to what belongs in an auctioneer-consignor agreement,...
We all know the old saying: every object has a story. But in the auction world, the better version is: every object is a story - if you tell it...
The auction industry stands at a crossroads. While we've witnessed remarkable digital transformation over the past decade, the next 30 years promise...
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I get asked about choosing the right auction platform for your business at least twice a week. Whether it's from someone liquidating their first...
If you're a professional auctioneer, liquidator, or asset broker exploring online sales, you've probably heard the term "proxy bid auction." It's a...
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The recent $256 million sale of 23andMe's assets to Regeneron offers valuable insights for auction professionals about the evolving landscape of...
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The Hyper-Local Auction Advantage The online auction space is booming, but not all growth comes from large, national platforms. A new breed of...
One of the most important decisions you’ll make when setting up an online auction is how your lots will close. In most online auctions today, soft...
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When I was an auctioneer at West Auctions, I learned quickly that big marketing budgets aren't always the answer. Sure, traditional advertising works...
Getting the timing right can make or break an online auction. At AuctionMethod, we’ve worked with hundreds of auction companies over the years, and...
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If you're in the auction world, you've likely asked yourself: How can I get more people to engage, bid, and come back for more? The answer may not be...
Ever feel like a competitor is everywhere at once? Their ads follow you around online. Their branding feels polished. Their auctions show up in all...
When it comes to running successful online auctions, every detail counts - including how your bidders are identified. At AuctionMethod, our auction...
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Modern technology has transformed the auction industry. Timed, online-only auctions offer convenience and ease, but at what cost? Recent research...
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Over the past few years, we’ve all seen massive mergers shaking up the auction industry. Established names are joining forces with tech platforms at...
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Managing payments efficiently is crucial for any auction company. With Invoice Autopay from AuctionMethod, you can automate invoice payments, reduce...
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Data is at the heart of every successful auction business. From bidder activity to final sale prices, having access to detailed auction data can help...
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The Pickup Process Problem: A Free-for-All Approach Auction day is exciting, but pickup day? Not so much. Many auction companies simply set a removal...
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Credit card fraud has long been a thorn in the side of online auctioneers, and one of the most frustrating forms is 'friendly fraud' - when a buyer...
As an online auctioneer, you know the thrill of a successful sale. But there's nothing quite as deflating as seeing that sale turn into a costly...
Growing up in the rhythmic cadence of auction calls, I've been immersed in the world of auctions since I could remember. My father, a seasoned...
In the world of real estate, the auction method of marketing has proven to be a remarkably dynamic, efficient, and effective way of selling...
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Auctions are a time-tested method for selling everything from fine art to real estate. They bring together buyers and sellers in an atmosphere of...
In the dynamic high-speed world of auctions, having efficient data-entry methods at your disposal is not just a convenience—it's a necessity. The...
As someone who has spent the majority of my life blissfully ignorant of the intricacies of fishing, I found myself in an unexpected situation...
It's undeniable that the auction industry has been transformed by the integration of technology. Today, more than ever, auctioneers are leveraging...