Whether due to foreclosure or simply needing to sell property, real estate auctions are a common and streamlined way to buy or sell land. At Dakil, our real estate auctions are open to the public, but we encourage thorough research before placing a bid. While the prices of real estate sold at auction can often be lower (especially in foreclosure), placing a bid should be taken just as seriously as if you were searching for a home the traditional way.
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When you’re auctioning large equipment such as construction equipment or trucks, making a profitable return on the sale is of great importance. Finding trusted professionals who know the value of your products is key, but also a challenge. Fortunately, at Dakil Auctioneers, we host large equipment auctions frequently and strive to help the seller receive max value at the auction. We’re here to help, so we’re sharing our best large equipment auction tips with you.
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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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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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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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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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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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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…)
