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.
Once you decide to put your items up for auction, consider how you should prep them beforehand. Thorough preparation can increase items’ value and level of interest, so taking the extra time to do so is worth it.
This article highlights how to prep items in every category – automobiles, heavy equipment, business and restaurant, real estate, and estate sales.
If you’re trying to decide which items you think you should purchase at an auction or what types of items you want to put up for auction, this guide outlines which items hold their value the most if bought used, the likelihood of using a loan to purchase, how easily the price can be negotiated, and more.
Are you looking to liquidate your business or to buy items from a business liquidation? There are many things to prepare for when selling in or attending one of these auctions, including using the U.S. Small Business Administration’s checklist and brushing up on the true value of the items being sold.
Dakil’s team of experts can create an individualized marketing plan for liquidation auctions, and this article explains how.
At what point does holding on to used equipment actually cost you money? This infographic outlines the service life of commercial and residential items and helps indicate the point at which your items should be sold to avoid a loss.
Participating in an auction for the first time can bring a lot of confusion. Knowing which auction employees do which tasks, what they are called, and proper auction etiquette can seem overwhelming, but we have shared some of our best tips for getting through your first auction without confusion.
If you choose to partner with Dakil for your business auction, it’s good to know some of our most common marketing practices. Dakil’s one-of-a-kind process ensures your items are seen by the widest group of buyers, including long-time Dakil auction attendees.
For more information on how to navigate putting your items up for auction for the first time, view our Auction 101 and Business Tips segments on our blog.
