Police Auctions website is run specifically for dedicated
bargain hunters, it is the first place people come to when
looking for a steal. Whether it's cars or vans, computers
or software, linen or silk - it's all being sold right now
somewhere in your country.
Police Auctions have thousands of enquiries a week
from auction visitors, purchasers and consumers who are interested
in what's being sold across the country at auctions and how
to buy it.....
'Everything You Could Ever Need to Make a Killing at Auctions'
will help you ensure you know exactly how to get your hands
on those bargain goods without getting them burnt!
Police Auctions has been running since 1999 and now
boasts an impressive client database. Although the name suggests
they deal mainly with government auctions, which they do
comprehensively, they actually cover the whole spectrum of
sales.
Clients keep coming back because they offer sound, up-to-date
information.......
That information has now been published in 'Everything You
Could Ever Need to Make a Killing at Auctions'
'Everything You Could Need to Make a Killing at Auctions'
is fast becoming the definitive bible for all those looking
for a sale, the first reference point, the Yellow Pages of
the auction world.
Why?
Because
clients know that the information comes right from the
horses mouth, from those in the trenches. Instead of having
to bid naively and with a certain sense of trepidation.....people
simply consult 'Everything You Could Ever Need to Make a
Killing at Auctions'
So for all the very latest auction info ensure you become
the proud owner of 'Everything You Could Ever Need to Make
a Killing at Auctions'
This superb guide is written by seasoned auction goers,
contains 24,000 words and will guide you through the sometimes-daunting
world of auctions.
The purpose of the guide is two-fold.
First, it is to stimulate your interest in auctions in general.
Auctions are fascinating places; full of sharp-eyed traders
ever-ready to snap up a bargain, anxious vendors keeping
their fingers crossed that they will achieve, or even better
their reserve, nervous first-time bidders unsure of what
to do or how to behave.
Bored staff waiting for the day to be over at rate of 110
lots per hour, distressed sellers seeing a treasured possession
or family heirloom slip from their grasp. Victory, defeat,
elation, despair, excitement, boredom, every emotion is present
to some degree at an auction.
Indeed with a good auctioneer controlling proceedings the
excitement can be infectious, particularly when a much sought
after lot hits the floor. Building slowly and steadily as
bidder after bidder drops out until only two bidders remain
- a winner and a loser, one elated, one disappointed, the
auctioneer builds upon the charged atmosphere, and then moves
onto the next lot.
The second function of this guide is to strip away much
of the myth associated with auctions and to show them for
what they really are. Auctions are either places where you
can buy something at a knockdown bargain price (if you know
what you are doing, know what to look for and how to behave),
or places where you can pay over the odds for something that
you really did not want in the first place.
Whether you are interested in auctions as a means of purchasing
the occasional item which you need for your home or business,
or whether you wish to take the next step and buy and sell
at auction, this is the guide for you. It is written by a
team of experienced auction-goers.
It is designed to help you bid successfully at four major
types of auction:
Antiques and Collectibles
Government Police & General Auctions
Motor Auctions Land and
Property Auctions
Finally, at the back of the guide you will find a glossary
of terms ranging from antique dealers' 'tradespeak' to explanations
of some of the more specialist terms found in the auction
world. To be successful at auction you have to be as knowledgeable,
or even more knowledgeable about both the tricks of the auction
trade and the goods on offer as everyone else that turns
up on the day.
WHY PEOPLE SELL AT AUCTION
There are probably as many reasons why people sell at auction,
as there are auctions.
Everyone's circumstances are different. The reasons why
goods and property are put up for auction rather than being
sold through a private sale vary enormously. It's very rare
indeed for the real reason why something is being put up
for auction to be disclosed.
However, trying to understand why people sell at auction
can help you enormously when it comes to picking up a bargain.
While we were preparing this guide we contacted a wide range
of auctioneers as well as traders who make their living buying
and selling at auction. Here's a list what they consider
to be the top ten reasons why people sell at auction:
1. No heirs - a property being sold at auction may have
belonged to someone who died intestate (without a will)
2. Repossessions - the property has been repossessed by
a bank or building society - such repossessions occur at
all levels of the property spectrum, and while they are at
their highest levels during recessions, they happen all the
time.
3. Disposable property - commonly an old barn on a farm,
or painting, or antique - is often put up for auction when
times are hard and cash is needed urgently.
4. Anonymous disposal - a company that made a mistake and
bought too much stock; they want to sell something quietly
without advertising the fact through a private sale. An auction
is the perfect vehicle.
5. Quick disposal - if you want to sell something quickly
(especially antiques and collectibles) - and you want your
money fast without having to wait months to make a potentially
better private sale - then an auction is the way to go.
6. Speed of disposal - auctions are the favoured way for
large companies and government agencies and departments,
for example the Ministry of Defence, to dispose of unwanted
assets quickly.
7. Misconception - some people believe (wrongly) that they
will always get a higher price at auction.
8. Ease of disposal - many people don't want the bother
of placing an advertisement and dealing with potential purchasers
involved with a private sale. For them an auction is much
less trouble.
9. Easy profits - auctions are perfect places to dispose
of goods taken in part exchange or demonstration models.
10. Last place for a sale! - goods that are approaching
the end of their useful lives - such as high mileage vehicles
- and whose faults and deficiencies quickly show up at a
private sale, are usually sent for auction.
TYPES OF AUCTION
The range of auctions that take place is extremely wide
and you can buy almost anything, from a house to an oil tanker
and everything in-between. Indeed some of the more interesting
recent developments have been the use of the Internet both
as a means of disseminating information about various auctions
and as a vehicle for hosting auctions themselves.
Here's a short description of the most common types of auction:
Government & General
Auctions
Government
and General Auctions are amongst the most common auctions
to be found. Here you find a vast range of materials that
have to be sold by various government bodies, for example:
Customs & Excise, the Police, the Official Receiver,
the Ministry of Defence, local councils and authorities,
liquidators, as well as material put up for auction by companies
and members of the public.
Also in this group you will find auctions ordered by executors
who are entering the assets of individuals who have perhaps
died intestate (those who have died without leaving a will),
or in debt.
One of
the most interesting bodies to look out for at auction
is Customs & Excise,
and the coastguard who may be entering at auction various
items seized from smugglers, fraudsters and racketeers.
Motor Auctions
Here you can buy anything from a clapped out banger to a
brand new top-of-the-range model; from a run-of-the-mill
family saloon to a rare collector's item. Not only are motor
auctions an ideal place to pick up a bargain - if you know
what to look for (and we will explain this in detail) - but
also they can often be an entertaining evening out.
Land & Property
For the ordinary person land and property auctions can be
quite daunting as they are places where they can see literally
huge sums of hard-earned cash change hands in a few minutes.
However, knowing the ropes at land and property auctions
can allow you to pick up residential and investment properties
at knockdown prices. In 'Everything You Could Ever Need to
Make a Killing at Auctions' we explain how they work.
Antiques & Collectibles
Auctions of antiques and collectibles are fascinating places
and hold the opportunity for making serious money. If through
your knowledge (and luck) you can spot a bargain at one auction,
snap it up, and sell it on at another.
Internet Auctions
With a potential audience of 300 million people who are
already on-line, the Internet is the most exciting part of
the auction world at the moment. Led by sites in the United
States but closely followed by UK auction houses, specialist
Internet auctions are springing up all over the place, selling
everything from antiques and collectibles to holidays, air
travel, brand new computers, and household equipment.
Titles
If you fancy being the Lord of the Manor then you can buy
a hereditary title at auction. Every year several of these
specialist auctions take place and quite apart from the value
to someone who wants to be addressed as Baron or M'Lord,
they are enormously entertaining for anyone interested in
people-watching.
Insurance Policies
For anyone with a keen eye for a bargain, auctions of second-hand
endowment policies can be an excellent place to pick up a
bargain. The attraction is that someone else has already
paid substantially to set up the policy in the first place,
and you will be able (with the help of your trusty financial
calculator) to calculate its real worth and decide whether
it's worth your while snapping it up.
On-Site Auctions
Sometimes when the stock or assets of a company are simply
too vast or too bulky for an auction house to transport to
their own premises and store, they will hold an auction within
the confines of the bankrupt company itself.
You could find yourself bidding for items which are still
plugged in, and the great advantage of these auctions taking
place on the premises is that you have the opportunity to
view the goods as they were being used, and you may be able
to try them out.
You can also avoid the possibility of goods being damaged
whilst they are being removed as you can do it yourself or
at least supervise the activity.
Private Treaty Sales
Occasionally, when you are looking at an auction catalogue,
you will note that some of the items have been withdrawn.
Usually these goods have been sold by 'private treaty'.
This means that the goods have already been sold off, usually
to a trader or dealer on a private, behind-the-scenes basis
before they have had a chance to be offered at the auction
sale.
These goods are rarely in single lots - photocopiers or
fax machines would generally be sold in bulk lots for instance.
Occasionally lots might include the contents of a ladies'
fashion store, a newsagents or even a fleet of cars or dump
trucks. If you are interested in private treaty sales then
it is essential to make yourself known to the various auctioneers
and act fast.
Usually dealers and traders who are interested in private
treaty auction sales will be on an auctioneer's mailing list,
and as soon as the auction catalogue is published they will
be on the scene putting in their bid for large lots of stock.
All this and much, much more...
'Everything You Could Ever Need to Make a Killing at Auctions'...GET
IT NOW - FREE!
How to Get an Amazing 25%, 50% or Even a Massive 97% Off
Property, Transport, Computers, Antiques, Household Goods...
In Fact, Just About Anything! |
