INTRODUCTION TO MAKING A KILLING AT AUCTIONS
There Are Many Ways to Make or Save Money From Auctions, But One is Virtually Guaranteed…
Buy cheaply at an Auction for UP TO 80% BELOW RRP and sell on straight away at below RRP for a quick sale and make a handsome profit
How to make a killing by buying heavily discounted goods at auction …
INTRODUCTION
Hi and a very warm welcome to this guide,
Firstly, I would like to express my gratitude for visiting one of the GAUK Auctions websites and accessing this comprehensive online guide to buying at auctions. Your time and interest are greatly appreciated.
We receive thousands of inquiries every week from auction visitors, purchasers, and consumers who are keenly interested in the wide array of items being sold at auctions across the country. Our goal is to assist you in gaining a thorough understanding of what is currently available for sale at these auctions.
The Government Auctions websites are specifically designed for enthusiastic bargain hunters like yourself. It is often the first place people turn to when seeking incredible deals. Whether you’re looking for cars, vans, computers, software, or even luxurious fabrics like linen and silk, rest assured that such items are being sold right now at auctions throughout the country.
Since 1999, we have been operating the GAUK Auctions websites. While the name suggests a focus on government auctions, which we indeed cover comprehensively, our platform encompasses a broad spectrum of sales. We strive to ensure that you have access to a diverse range of auction opportunities.
Traditionally, you may have relied on word-of-mouth recommendations, advertisements, or catalog requests to stay informed about upcoming sales. However, what about the sales that fly under your radar? This is where our powerful and innovative marketing system comes into play. We have developed a state-of-the-art, searchable database that enables our clients to receive the most up-to-date and relevant information about the latest upcoming sales.
Imagine being able to easily find exactly what you’re looking for with just a few clicks. Our search facility allows clients to enter specific criteria, such as property or computers, and instantly discover auctions that specialize in those items. Similarly, if you’re interested in exploring all sales within a particular area, simply enter the desired county, and a comprehensive list of relevant auctions will be at your fingertips.
We are dedicated to providing you with a seamless and efficient experience, ensuring that you stay well-informed about the auctions that match your preferences and interests. Our aim is to empower you as a buyer, enabling you to navigate the vast world of auctions with ease and confidence.
So, let us guide you through this exciting journey of discovering hidden gems and remarkable opportunities at auctions. Whether you are an experienced auction-goer or a novice just starting out, we are here to support you every step of the way.
One of the most exciting innovations introduced by Government Auctions is the implementation of a secure and accessible listing system for auction houses across the entire country. This means that auction houses can easily update their listings themselves from any computer, ensuring that you receive the most up-to-the-minute information available.
This unique system guarantees that our clients have access to the most current and reliable information about auctions taking place nationwide. Auction houses now have the ability to post complete catalogues of lots, providing detailed descriptions of what’s being sold. If an auction house already has an online presence, we even provide a direct link from their listing on GAUK Auctions to their website.
The GAUK Auctions site is designed to be extremely user-friendly and easy to navigate. Our clients keep coming back to us because we offer accurate and up-to-date information that they can rely on. GAUK Auctions websites are rapidly becoming the go-to resource for anyone looking for auctions, serving as the first point of contact and essentially the “Yellow Pages” of the auction world.
But why is this the case?
It’s simple. Clients know that the information provided on GAUK Auctions websites comes directly from the source. Instead of having to search for the latest sale information by waiting for advertisements, making phone calls, sending faxes, requesting catalogues, or scouring the internet, clients can simply visit a Government Auctions website. This streamlined approach saves time and effort, ensuring that you have immediate access to the most comprehensive and accurate auction listings available.
By choosing GAUK Auctions, you are gaining a valuable resource that puts the power of information at your fingertips. We are committed to providing you with a reliable and efficient platform that revolutionizes the way you discover and participate in auctions. So, whether you’re a seasoned auction enthusiast or a curious newcomer, rest assured that Government Auctions is your one-stop destination for all things auction-related.
Start exploring the exciting world of auctions today, and unlock a treasure trove of opportunities that await you.
SIDE NOTE With this book being sold all over the world we do try to be as generic as possible. However, occasionally there are instances that a reference may be made to the UK for instance when the equivalent has another name or reference in other countries.
The purpose of this guide is twofold. Firstly, it aims to ignite your interest in auctions and highlight their captivating nature.
Auctions are truly captivating environments, brimming with astute traders ready to seize a great deal, anxious sellers hoping to meet or exceed their reserve price, and novice bidders feeling uncertain about the process and etiquette. It’s a place where time seems to stand still for the bored staff, counting down the minutes until the day’s end, and distressed sellers witnessing cherished possessions or family heirlooms slipping through their fingers.
Within an auction, you’ll experience a whirlwind of emotions—victory and defeat, elation and despair, excitement and boredom. Every sentiment, to some extent, can be found in the air. In fact, with a skilled auctioneer at the helm, the excitement becomes infectious, especially when a highly coveted item goes up for bidding. The atmosphere gradually intensifies as bidder after bidder drops out, leaving only two contenders—the winner and the loser, one elated and the other disappointed. The auctioneer expertly amplifies the charged atmosphere, seamlessly transitioning to the next lot.
The second purpose of this guide is to dispel the myths surrounding auctions and reveal their true essence. It aims to demystify the auction process and present auctions for what they truly are. In essence, auctions are opportunities to acquire items at significantly discounted prices if you possess the knowledge, know what to look for, and understand how to participate. Conversely, they can also be places where individuals inadvertently pay more than the actual value of an item they didn’t truly desire in the first place.
By shedding light on the realities of auctions, this guide aims to empower you with valuable insights, enabling you to navigate auctions with confidence and make informed decisions. Whether you aspire to uncover incredible bargains or simply want to appreciate the unique dynamics of an auction, this guide will equip you with the knowledge and understanding needed to navigate this captivating world effectively. So, let’s embark on this journey together and unravel the enchantment of auctions.
Whether you are interested in auctions as a means of purchasing the occasional item which you need for your home or business, or whether you wish to take the next step and buy and sell at auction, this is the guide for you.
It is written by a team of experienced auction-goers. It is designed to help you bid successfully at four major types of auction:
- Antiques and Collectibles
- Government and General
- Car and Vehicle Auctions
- Land and Property Auctions
In addition to the valuable information provided in this guide, you will also find a comprehensive glossary of terms at the back. This glossary covers a wide range of terms, including both the jargon used by antique dealers and explanations of specialized terms commonly encountered in the auction world. It serves as a handy reference, ensuring that you have a clear understanding of the terminology used in auctions.
To truly excel at auctions, it is essential to equip yourself with knowledge and stay informed. In fact, you need to be as knowledgeable, if not more knowledgeable, than the other participants who attend the auction. Experience is key, so make it a point to attend as many auctions as possible. Immerse yourself in the environment and absorb everything you can about the items you are interested in. Be observant, keep your hands in your pockets, and pay attention to the proceedings. Take in the atmosphere and learn from the behaviors and strategies of others.
Remember, patience is crucial. Don’t rush into making a bid until you are fully prepared. Take the time to research and familiarize yourself with the items you intend to bid on. Understand their value, condition, and market trends. Only when you feel confident and ready should you consider making a bid.
By dedicating yourself to continuous learning and applying the insights gained from observing auctions, you can enhance your chances of success. With time and experience, you will develop the expertise and confidence needed to navigate auctions effectively and make well-informed bidding decisions. So, embrace the learning process, be patient, and prepare yourself thoroughly before stepping into the exhilarating world of auctions.