Category: Auction Information

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 »

How to Prepare for a Property Auction

So you’re planning to go to a property auction? What should you expect and what should you do to get ready for one? When property is auctioned off, people can typically evaluate and inspect the property before the actual auction takes place, and they’ll also need to prepare their financing beforehand as well. Prepare for… Read more »

How Auction Companies Can Help Businesses Liquidate

If you have assets you need to liquidate, consider utilizing the services of an auction company like Wilson Auction & Realty. Typically, when companies need to recover assets, such as land, machinery or equipment, they have liquidation sales and/or auction sales. The Purpose of Liquidation Liquidation sales take place over a period of time with… Read more »

Things to Ask When Selecting an Auctioneer Service

You have something to sell and you want to make a profit if you can. An auctioneer could be the person to help you make money from the thing you want to sell. But before you just choose any auctioneer, there are certain things to consider. References First, when choosing an auctioneer you should ask… Read more »

Interesting Facts You May Not Know About Auctions

Most people are well aware of how auctions work. During an auction, an item is placed up for sale and people can bid on it until it reaches a point where no more bids are coming in. The highest bidder is then awarded the item and allowed to take it home after paying for it…. Read more »