Here are some advantages of having a professional auctioneer do your auction:
*Their experience will provide a faster paced auction. *Their knowledge of values of items sold will enable them to know what starting price to ask for as well as how high the bidding should go. *Non-professionals will often lose track of who the bidder is or just mess up on what the current bid is at. Professionals also will keep going back to the previous bidders to keep them in the bidding. *Experienced fund raising auctioneers can also help in the auction planning with unique ideas that have worked well in the past regarding what sells well along with many other experiences that will help raise more money. I would recommend that you limit the live auction to 45 items or less, with the better items, and put the other items in a silent auction. At regular estate type auctions, a professional auctioneer will sell 100-125 items per hour, but at fund raising auctions may slow down to about half that speed. My experience has been that live auction items will average 60-75% of real value, compared to 40% or less for silent auction items. If you are thinking about doing an auction and need ideas for getting things to sell at no cost to the organization, email me direct
norman@auctionads.com I hope this helps give you some auction ideas.
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