Auction for seized items carried out by the government are presented with huge discounts. There are several ways to accomplish your plan of purchasing an item through auction. Initially, you can check auction agenda at newspapers, online listings, ads, and associates. To know more, before you decide you can be present at the seized auction in order to familiarize yourself with the essentialness and dealings. As recommended, that it is not important to take part the bidding at once, following your primary auction presence. Learn the procedure first, observe what other purchaser do and don't be uncertain to inquire if you want to learn, you should point it out and ask everything you want to gain knowledge.
Call this location @313/383-1035 to determine the # of units for Auction this day. This is the 1st location for 7 Auctions for ( ESS ) Extra Space Storage Inc. this day, the next Sale afterLimcoln Park is ESS Southgat @ 10:15 AM at 11511 Allen Rd.NEXT is ESS @ 11:30 at 3500 Carpenter Rd. Ypsilanti 48197, then we proceed to ESS @11:00 AM at 1900 Old Rawsonville Rd. 48111. For more Auction information on other sales go to our web page www.tateauctioneers.com Then click...
In economics we tend to think of auctions as a good way to get at the true price of an object. Of course, it isn’t quite perfect as there’s still problems with information asymmetries, and people can get a winner’s curse because the people who err in thinking the car is worth more than it actually is are the ones who are likely to win. On the other hand, the price can go lower if there just aren’t enough people at the auction for that to happen– you need at least two people over-valuing the object and willing to pay for it for one of them to over-pay.
The bidding started out fairly tame. Individuals there bought a beat up Impala for $525, a Chevy Astro van for $425, and the shittiest Chrysler PT Cruiser I have ever seen for $300. As for the awesome Ford Escort wagon? Well, it didn’t do so hot, in part, Kevin told me, because it’s so light and has low scrap value, and because parts are in low demand:
As an auctioneer I can tell you from a lot of experience that everybody on this site should be looking for and attending local auctions. The people who make a living buy at our auctions and resaleing on ebay or other means is truely amazing. One retired person built a 20 by 30 shed and did a garage sale ones a month and never did less then a $1000 and many time he told me he made 2 to 3 thousand on one day a month. He would purchase the piles of stuff we could not sale and sort through it and clean it up. We have purchase almost all of our furniture at auctions and most of it people who come over think it is brand new. Furniture is not selling very well because young people go to walmart or other stores and pay full price.