Category: Auction Information

What’s Better: Live or Online Auctions?

Is it better to have an online or in-person auction? That’s a great question. First, consider what kind of person you are… Do you conduct most of your business affairs online? Do you pay bills online, shop for clothing and gifts online, and/or buy/sell cars online? If you’re the kind of person who carries a… Read more »

Choosing the Right Auction Company is a Critical Decision

Choosing the right auction company is critical since you want to get the most money for whatever it is that you’re selling, and you also want the auction company to help make the whole process go smoothly, without stress or problems. Auctions can definitely help speed up a sale process. Motivated buyers utilize auctions to… Read more »

Keep These Things in Mind Regarding Liquidation Auctions

What happens when a company is going out of business? Typically, they try to sell off their assets (such as machinery/equipment) in order to make some money. One of the ways they do that is through a liquidation sale. Or they might do an auction. What’s the difference? Liquidation Process Typically, a liquidation sale involves… Read more »

Market Value vs Auction Value

When you think about things, they have value, don’t they? With regards to auctions, there’s something known as auction value versus market value. What are these and what are their differences? Differences Between Market Value and Auction Value Well, consider a piece of property as an example. You might have a house on one acre… Read more »

What Makes a Good Auctioneer?

Wilson Auction & Realty conducts numerous auctions throughout the year. With that in mind, what makes a good auctioneer? Showmanship Oftentimes, a good auctioneer is known for his or her showmanship and style. In a way, an auctioneer is a lot like an entertainer. They share a similar mindset. After all, they’re standing in front… Read more »

What Not to Do At Auctions

Some people have been attending auctions for years, and they’ll have some stories to share, for sure! Others are new to auctions and might not know too much about how auctions work. For those who are fairly new to “the auction world,” here are some tips regarding what not to do at auctions… Strategic Thinking… Read more »

Ignore These Property Auction Myths

Wilson Auction & Realty Company handles residential real estate and land auctions as well as commercial property auctions in Ohio, Indiana and Michigan. What are some property auction myths that most people assume are true, but they’re not? Only Foreclosed Properties Are available One of the main property auction myths is that whatever’s up for… Read more »

A Beginner’s Guide to Commercial Real Estate Auctions

How much do you know about commercial real estate auctions? For starters, the owner of a property has to decide to either go with a traditional sale or to auction off their asset. If and when they do decide on an auction, they’ll typically partner with an auction specialist, such as Wilson Auction & Realty… Read more »

What is a Buyer’s Premium?

Have you heard of the term “buyer’s premium” as it relates to auctions? You might assume it’s some random extra charge, but it’s actually in place to help the auction house pay its bills and to be able to offer future auctions. Basically a buyer’s premium is an additional charge on the hammer price or… Read more »

Here’s How Non-Profits Benefit From Both Live and Online Auctions

If you’re a part of a non-profit, you understand how important it is for you to raise as much money as you can every year. Unlike for-profit companies that generate sales, you rely heavily on donations to keep your doors open and to carry out whatever mission it is that’s near and dear to your… Read more »