Our Auction Blog

auction gavel

Participating in an auction can be beneficial for you or your business, but the preparation can be daunting. When can you know if it’s the right time to take your items to auction? How do you prep your items for auction? What types of auctions should you attend beforehand?

These are just a few of the questions to consider when selling your items at auction. We’ve compiled some of our favorite blog posts to provide you with our best tips and tricks to help you decide when to put items up for auction, preparing your items, and more.
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Hands united together

At Dakil, we take pride in the growth of Oklahoma City and its surrounding community. One of our favorite ways to show our support for our community and our local non-profits is to give back by hosting benefit auctions.

Auctioneer Barrett Bray explains why Giving back to the community is extremely important at Dakil Auctioneers.
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Auction Gavel on Dollar Bill

The auction process is fast-paced and can seem overwhelming to someone who has never attended one before. At Dakil, we strive to ensure all of our customers, first-time and returning, feel comfortable in the auction process.

The two major points of confusion and potential intimidation for auction first-timers are the roles of the employees during an auction and how the bidding takes place. Dakil Auctioneer Barrett Bray breaks down both in order to make understanding the auction process as simple as possible for a newcomer.
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Guns lined up for a gun range

When Cabela’s announced they would be opening a new location in North Oklahoma City, Barry Bryant, owner of Heartland Outdoor in Edmond, decided it was time to liquidate his gun range business. Although he didn’t know where to begin, he connected with Louis Dakil and knew that he could trust Dakil with the auction process.

With all that needed to be auctioned, Bryant felt overwhelmed. Heartland Outdoor carried a variety of products that fell into several different categories, but fortunately, Dakil Auctioneers was able to ease the stress of the logistical challenge.
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Dakil marketing an auction in the newspaper classifieds

At Dakil Auctioneers, not only do we host some of the largest auctions in Oklahoma, we also market our auction products widely and thoroughly to ensure that even the most niche products are sold at competitive prices.

We market our auctions and products three different ways — directly, through print, and digitally. This way, we can ensure all parties that could be interested in the specific auction products are notified of the auction. We’ve broken down our marketing process for you to show you how sending your items to auction with Dakil means they will be seen by thousands of potential buyers.
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Auction set up

2016 was a big year for Dakil. From business liquidation auctions to educating first-time clients about the benefits of auctions, we have been committed to customer service every step of the way. Here are just a few of our favorite educational blogs and client spotlights from this year.
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When Aaron Diehl was tasked with the challenge of selling all of the equipment for a local trampoline park in Tulsa, he had no idea where to start or who to turn to for assistance. There were concerns about transportation and about general interest level, and Diehl wasn’t sure how he could sell to such a niche audience. That’s when he called Louis Dakil.

“I was the manager for a trampoline park in Tulsa, and the owners wanted to sell the company,” Diehl said. “We needed to sell all of the trampoline equipment, but we didn’t know how to get started.”
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Business owners incur plenty of costs. From employee salaries to rent to equipment — the list goes on and on.

One thing businesses might not think about is the depreciation of their equipment. Do the old computers your employees use cost your business unnecessary money? Should you have sold that construction tractor three years ago and purchased a new one before its service life ended?

Depreciation can be described as the decrease in value of an item over time, typically due to age and the condition of the item. By knowing the service life date of common residential and commercial items, it will show how fast the item depreciates and that old used truck is costing your business more money than it’s worth. (more…)

100 gun lot at dakil auctioneers

Rare guns are regularly sold at auction across the nation, and we’ll be auctioning off a lot of over 100 firearms, each with a unique story, at an auction Friday, October 14.

While each gun has a story to tell, stories from seven of the models up for sale are too good not to share. From being favored by a president, a few that played a role in making great strides for firearms, and one valued at a pretty penny, these guns have played a big part in our country’s history. (more…)

Close up of a man holding car keys and a car in the backgroundFor those who haven’t sold an item at auction, it may feel like an overwhelming and intimidating experience. However, it shouldn’t.

Selling your car at auction is a wise, timesaving, and profitable way to get rid of an unwanted vehicle. Whether you’ve got a car sitting around that hasn’t been driven in a while or you want to purchase a new or new-to-you car, our team at Dakil Auctioneers, Inc. is ready and willing to help you get top dollar for your vehicle.

We’ll teach you the steps necessary to prep your car for auction and the terms used when your item is on the auction block. (more…)

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