Title: Tempe Auction: Attending Auctions for the First Time
1Tempe Auction Attending Auctions for the First
TimeBy Deb WeidenhamerPresident CEO,
Auction Systems
2Tempe Auction
If youve never been to a Tempe auction, this
presentation will provide an overview and should
answer most of your questions. The first thing
you should know is most auctions are public
events. Therefore, anyone may attend a public
auction. In fact, youre likely to find a
friendly and helpful environment when you attend
your first auction.
3Tempe Auction
The second thing you should realize is the
opportunity youll likely have to pick up some
really great deals. Most people attend auctions
to get bargains on a wide variety of unique
items. When you attend a Tempe auction for the
first time, youll learn the ropes very quickly.
However, heres a rundown of things to help your
first auction be a productive experience.
4Auction Registration
To bid at most public auctions, you need to
register with the auction house. Registration is
generally free of charge and is a quick and
simple process. Only a drivers license is
required. However, auctions may require a
deposit to cover your bids. The registration
process is required because you are entering into
a legal contract when you bid at a Tempe auction.
Its important to understand that any bid you
make at auction is a promise to pay for the item.
If you are the highest bidder, you bought the
item!
5Auction Bidding
Theres no need to be intimidated by your first
Tempe auction. Its actually a simple process.
After registering, youre given a numbered bidder
card. When an item you want is presented by the
auctioneer, you simply raise the bidder card.
Make sure the auctioneer sees your card so your
bid is acknowledged. The opening bid is
usually set by the auctioneer. Typically, he or
she will tell bidders the approximate market
value then suggest an opening bid. If nobody
bids, the auctioneer drops the price until
someone bids. When someone does bid, thats the
opening bid and the auctioneer will ask for
subsequent bids in increments he or she chooses.
6Tempe Auction
A Tempe auction is an exciting and fun
experience. As a bidder, youll get the
opportunity to purchase all kinds of items often
at bargain prices.
7About the Author
- Deb Weidenhamer is President of Auctions Systems
Auctioneers Appraisers, Inc., based in Phoenix,
Arizona. They specialize in auctions and
professional appraisals. - Visit us at http//www.auctionandappraise.com or
call 1-800-801-8880 for more information about
our Tempe auction company.