Our Auction Blog

Used restaurant equipment for auction.If you’ve ever been to an appliance store or spent time browsing the web, then you know how expensive restaurant items are. Between stocking a kitchen and setting up the front of the house in an inviting and welcoming way, the costs add up.

That’s why many people turn to restaurant equipment auctions to buy quality items at a fraction of the price. For those of you who are new to restaurant auctions, we compiled a guide of common items you can bid on.

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Living room of an auction home.

When it comes time to buy or sell a house, your first instinct is typically to call a real estate agent to either help list your house or find properties to purchase. However, there are other ways to land your next investment, forever home, or sell that pesky piece of property you’ve had on the market for months.

Enter the world of auctions. Yes, you may associate auctions with buying an antique item or selling unused equipment, but both home buyers and sellers alike can benefit from real estate auctions. As the real estate market continues to boom, we’ll discuss the benefits of buying or selling your house using an auction.

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Man preparing for storage auction.

The idea of storage units is hardly a new business approach. What started in the 1960s as a way for homeowners to store belongings in a cost-effective manner soon exploded in the 2000s when storage units seemingly lined city blocks in major cities and rural towns alike.

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A bulldozer before heavy equipment auction.

Buying a brand-new shiny piece of equipment may look nice, but it’s not always the most financially responsible decision when you’re running a business. Costs add up, and it may be more cost effective to instead look at used equipment.

Auctions are a great way to restock your inventory or add to your collection, but how do you figure out what price you should pay? And if you’re selling items, how do you know whether you received good value? We’re delving into the factors that help determine the value of used equipment so you can be better prepared the next time you’re at a heavy equipment auction.

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Auctioneer at an auction.

 

The first time stepping foot inside an auction house can be a bit intimidating. Numbers are being thrown around left and right, items are being sold for thousands of dollars in less than a minute, and, most of the time, you may not even understand what the auctioneer is saying. 

As for the part about fast-talking auctioneers, what sounds like a foreign language is actually done for a reason. There’s a method to the madness. Since this is such a common question among auction goers, we set out to address some common topics about how and why auctioneers talk the way they do. 

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Business items to be liquidated.

 

There are many layers to building a business. First, you need a strategic business plan, a location, and the capital to purchase inventory and equipment for your desired business. These costs add up, which may lead you in the direction of searching for a deal. 

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Firearms on the wall.

Whether you’re looking to purchase a gun for sporting purposes or to add to a vintage collection, gun auctions are consistently one of the most popular auction types on the market. And while buying firearms at an auction may seem like it involves many hoops to jump through, the truth is this process is no more involved than many buying or selling other items at an auction.

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A man looks to sell heavy equipment at a consignment auction.

The current age of budget-crunching and downsizing has many of us wondering what to do with those unused items collecting dust in the basement or the old business machinery searching for a new home. 

The path to turning those seemingly obsolete items into something of value comes from a process many of you are likely familiar with, even if you’ve never heard the phrase: selling on consignment. We’re here to provide you with more insight on what consignment auctions are, explain the benefits, and share how we implement these auctions at Dakil Auctioneers, Inc.

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Holding up an auction mallet with the year 2020.

There were many things we’d like to forget about 2020. For starters, the COVID-19 pandemic that has and will continue to devastate people and businesses alike. Thankfully, we were mostly unscathed here at Dakil Auctioneers, Inc., which meant it was a busy year both online and socially distanced in our spacious in-house gallery.

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   Neil Armstrong as the first man on the moon.

Well, 2020 was quite the year, so it makes sense that many interesting, or should we say unique or odd, items were auctioned off within the past 12 months. This includes several record-setting auctions from notable categories such as literature and jewelry.

We decided to take a look back on what 2020 auctions produced that may make you scratch your head. Here’s what we found.

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Upcoming Auctions

Apr
30
Wed
9:00 AM Spring 2025 Heavy Equipment
Spring 2025 Heavy Equipment
Apr 30 @ 9:00 AM
Spring 2025 Heavy Equipment
Oklahoma Natural Gas*City of Oklahoma City*OG+E*General, Oilfield, Utility, Concrete, Landscape & Other Contractors Date & Time Wednesday, April 30th, 2025 – 9:00am CST Location & Directions Items Located At and Auction Held At: Dakil Auctioneers,[...]
May
6
Tue
10:00 AM Don Javiers-Complete Restaurant ...
Don Javiers-Complete Restaurant ...
May 6 @ 10:00 AM
Date & Time Tuesday, May 6th, 2025 – 10:00am Location & Directions SOLD ON LOCATION 314 6th Street/115 OK-19 Maysville, Oklahoma Sale Information Registration will begin at 9:00am on the day of the auction. Open[...]
3:00 PM Real Estate-Moore, Oklahoma
Real Estate-Moore, Oklahoma
May 6 @ 3:00 PM
Date & Time Tuesday, May 6th, 2024 – 3:0opm Location & Directions Auction To Be Held At: Dakil Auctioneers, Inc. 200 NW 114th St., Oklahoma City, OK Sale Information Registration will begin at 2:00pm on[...]
May
7
Wed
10:00 AM BB Academy Ground Lease & Improv...
BB Academy Ground Lease & Improv...
May 7 @ 10:00 AM
Date & Time Wednesday, May 7th, 2025 – 10:00am Location & Directions Auction To Be Held At: Dakil Auctioneers, Inc. 200 NW 114th St., Oklahoma City, OK Sale Information Registration will begin at 9:00am on[...]