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, may I take this opportunity of thanking you for taking the time to visit one of the GAUK Auctions websites and accessing this online guide to buying at auctions.

We have thousands of enquiries a week from auction visitors, purchasers and consumers who are interested in what’s being sold across the country at auctions right now…

We’ll help you ensure you know exactly what’s being sold at those sales.

Government Auctions websites are run specifically for dedicated bargain hunters, they are the first place people come to when looking for a steal. Whether it’s cars or vans, computers or software, linen or silk – it’s all being sold right now somewhere in your country.

We have developed a revolutionary marketing system that will enable our clients to receive the most up-to-date, relevant information about the very latest up-coming sales.

We have been running gauk Auctions websites since 1999. Although the name suggests we deal mainly with government auctions, which we do comprehensively, we actually cover the whole spectrum of sales.

At present you probably hear about sales by word of mouth, by reading an advert, or by requesting a catalogue from an auction you know is about to be held.

What about the sales you don’t hear about???

We developed a powerful, searchable database, which can be accessed by clients looking for, either something specific, or an auction in a defined area.

If a client is looking for, lets say property, or computers they simply type this into our search facility and those auctions dealing with those items will appear. If a customer wants to find all sales in a specific area they simply enter the county of interest and they are listed.

The exciting innovation introduced by Government Auctions is that auction houses across the entire country have secure access to their listing from any computer and up-date listings themselves ensuring you get up-to-the-minute information.

This unique system ensures our clients have the most up-to-date, reliable information available.

Many auction houses post a complete catalogue of lots with a description of what’s being sold, and if they have a web presence already then we provide a link from their listing at gauk Auctions to their site.

gauk Auctions site is extremely easy to navigate and simple to use. Clients keep coming back to us because we offer sound, up-to-date information … gauk Auctions websites are fast becoming the definitive bible for all those looking for a sale, the first point of contact, the ‘Yellow Pages’ of the auction world.

Why?

Because clients know that the information comes right from the horses mouth.

Instead of having to search out the latest sale information by waiting for the advert, or by calling in, or faxing, or by requesting a catalogue, or by searching the net… clients simply visit a Government Auctions website.

SIDE NOTE

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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.

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The purpose of this guide is two-fold. First, it is to stimulate your interest in auctions in general.

Auctions are fascinating places; full of sharp-eyed traders ever-ready to snap up a bargain, anxious vendors keeping their fingers crossed that they will achieve, or even better their reserve, nervous first-time bidders unsure of what to do or how to behave.

Bored staff waiting for the day to be over at rate of 110 lots per hour, distressed sellers seeing a treasured possession or family heirloom slip from their grasp.

Victory, defeat, elation, despair, excitement, boredom, every emotion is present to some degree at an auction.

Indeed, with a good auctioneer controlling proceedings the excitement can be infectious, particularly when a much sought after lot hits the floor. Building slowly and steadily as bidder after bidder drops out until only two bidders remain – a winner and a loser, one elated, one disappointed, the auctioneer builds upon the charged atmosphere, and then moves onto the next lot.

The second function of this guide is to strip away much of the myth associated with auctions and to show them for what they really are. Auctions are either places where you can buy something at a knockdown bargain price (if you know what you are doing, know what to look for and how to behave), or places where you can pay over the odds for something that you really did not want in the first place.

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

Finally, at the back of the guide you will find a glossary of terms ranging from antique dealers’ ‘tradespeak’ to explanations of some of the more specialist terms found in the auction world.

To be successful at auction you have to be as knowledgeable, or even more knowledgeable about both the tricks of the auction trade and the goods on offer as everyone else that turns up on the day.

Experience is the key; visit as many auctions as you can and learn everything you can about the goods you are looking for. Keep you hands in your pockets and watch and listen. Soak up the atmosphere.

Learn from the behaviours of others, and don’t even think of making a bid until you are ready!