About Auctions
What to do at an auction
Auctions are unique — in experience, in sound, in
practice.
Many auction attendees find the experience addictive.
They report that there’s nothing quite like the thrill of finding something they
want and then bidding against others who want the same thing.
But you don’t have to be a seasoned auction attendee
to be able to experience the thrill of auctions. Auctioneers across America are
glad to welcome new bidders to their auctions. And though almost everyone has
heard the old story about the person who attended an auction, scratched his nose
and came home with an item he’d not intended to buy, pay no heed to that myth.
"People who have never been to an auction before
should certainly give it a try," said John Roebuck, CAI, AARE, president of the
National Auctioneers Association. "Don’t be intimidated — go and have fun!"
Feel free to just get your feet wet — don’t think you
have to go to your first auction ready to bid. Attend an auction or two in your
area to get a feel for how they are conducted. Watch and listen, then move on to
bidding if that makes you comfortable.
Many auctioneers spend some time addressing commonly
asked questions and explaining how the auction is going to work. Some even
conduct pre-auction or practice sessions, or brief tutorials, about the auction
process. If you’re interested in going to your first auction, check with local
auctioneers to see if they offer such a service.
Always remember that at an auction you’re free to ask
a question if you don’t understand something. Auctioneers and their staffs want
people to continue to come to their auctions, so they’ll do all they can to
encourage repeat business! Ask a question of a member of the auctioneer’s team,
and they’ll find the answer for you.
When you arrive an auction site, register for a bidder
number and read the rules printed on or displayed on posters, brochures or
handouts. Again, ask questions if you don’t understand a policy. Inspect the
merchandise you’re interested in, as most is auctioned on an "as is, where is"
basis. This means it is not guaranteed. When you buy an item, you become
responsible for it. And, keep in mind that you’ll pay for the items you purchase
before you leave the auction, even if you aren’t taking everything with you that
day.
In order to bid at an auction, you need to make
contact with the auctioneer or the ringperson. A ringperson is someone who takes
bids from the audience and then passes those on to the auctioneer. To bid, hold
up your bid card, your hand or shout "yes." The auctioneer or ringperson will
make eye contact with you, take your bid and immediately turn and seek another
bid. You can remove yourself from the process at any time by shaking your head
"no" or saying "no" if the auctioneer or ringperson turns your way. Should an
auctioneer or ringperson misinterpret any of your signals, simply report the
mistake right away.