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Alaska Auctions - Grubstake Auction Company - Anchorage, Alaska - Alaska Auctions |
AUCTION TIPS
Before traveling any considerable distance to the auction,
you should obtain a catalogue of items to ensure the goods for sale are what
you require.
Certain auctions can be subject to cancellation at short notice and it is
therefore a good idea to phone on the morning of the sale to confirm the
sale is going ahead.
You should inspect the items thoroughly as most auction items are sold
without guarantees, if items are described as faulty check that the faults
can be easily repaired, sometimes you can test the goods before the auction
starts, ask the auctioneer if this is possible.
Some motor vehicle auctions give you a period of time after the sale in
which to return the vehicle if it is found to be faulty, again check this
with the auctioneer prior to bidding.
Think about setting yourself a price limit on the goods you are interested
in and "stick to it", how much would the item cost new with a guarantee?
Remember a "buyers premium" may be added to the final bid price at some
auctions and local taxes may also be added to the price ( check the
"conditions of sale" in the catalogue or consult the auctioneer before
bidding )
Catalogues are not set in stone and items listed can change.
Listen out for any changes stated by the auctioneer in the description
they give of the item at the start of bidding.
If you bid for the wrong lot, tell the auctioneer immediately, although you
have a legal obligation once you have won the bidding the auctioneer may
present the item for auction again, but this is purely at the auctioneers
discretion and you may have to make up any difference if the final price is
lower than your original successful bid.