Blog Archives for Lot Of 300 Generic Pocket Knives

Friday, September 5, 2014

Lot of 300 Generic Pocket Knives: This Deal Can’t Be Beat!

pocket knivesHave a look at this next auction deal for a massive lot consisting of generic pocket knives. This lot is made up of 300 knives in total, many of which vary in styles, condition, and brands. Included among the lot are companies like Swiss Army Victorinox, Gerber, and much more. There are also some knock-offs included as well. This is the perfect type of auction for those looking to flip the knives for some serious profit. The current asking price for this auction is just $342 with 7 online bids already placed. That comes out to roughly $1.14 per knife, which is a complete steal! This auction ends in just 19 hours and 52 minutes so be sure to click here to activate your 3 day free trial right now before this amazing deal passes you by.



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Posted in Online Auction, Online Auction Items, Surplus
Friday, September 5, 2014

2008 Mazda CX-7: It’s Got Vroom Vroom and Zoom-Zoom!

CX-7Going up for live auction on October 7th, 2014 at 9 am in Pharr, Texas is this very awesome 2008 Mazda CX-7 Minivan. This sweet looking van has got plenty of passenger space, sporty handling, a turbocharged four-cylinder (which handles like a V6), stylish interior design, good build quality, attention-grabbing styling, high crash test score, and comes with some serious vroom and zoom-zoom! Under the hood you’ll find a 2.3 liter 4 cylinder engine, 6 speed automatic transmission, power door locks, power mirrors, keyless entry, leather interior, AM/FM/CD stereo with steering wheel controls, heated seats, and approximately 116,000 miles. The vehicle appears to be in great condition both inside and out, and has no stated defects. If you’d like to learn more about how to attend this upcoming live auction event, then all you have to do is click here to activate your 3 day free trial.

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Posted in autos, Online Auction, Online Auction Items, Surplus
Friday, September 5, 2014

Single Family Property In Chesapeake, VA: All It Needs Is Your Bid

river breezeLet’s kick off Friday’s deals with this charming real estate deal located in Chesapeake, VA that is now currently available for online bid. Situated in a project known as River Breeze Condominium, this home has a very spacious 2,350 square feet of living space with a lot size of 3,553 square feet. Inside of this two story home, which was built back in 2003, you’ll discover four bedrooms, 2.5 baths, a gas run fireplace, eat in kitchen, living room, dining room, laundry room area, and a two car garage. The kitchen is fully furnished and includes a refrigerator, range, dishwasher and microwave. There is no basement in this home and there is addition off street parking that can accommodate two cars in front of the home. The current asking price for this property is just $165,000 with no bids as of yet. This auction ends in exactly 14 days, 3 hours, and 28 minutes, so click here now if you’d like to find out more about it.


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Posted in Online Auction, Online Auction Items, real estate, Seized
Thursday, September 4, 2014

2009 Dodge Charger Sedan: Get Your Adrenaline Pumping!

burger kingIn need of a sleek and stylish car that won’t break the bank? Well you can stop looking now, because currently available for bid is this 2009 Dodge Charger sedan that’s being sold via online auction. Not only is this muscle car built for speed and performance but it’s also the perfect everyday car as well. This particular model Charger comes with a 2.7 liter V6 engine, automatic transmission, power seating, power brakes, keyless entry, power mirrors, rear defrost, air conditioning, AM/FM/CD stereo, 17 inch premium alloy wheels, and just over 76k miles. The vehicle is in great condition both inside and out and  has a current price set at $9.520 with 10 online bids already placed! This auction ends in less than 24 hours so click here to find out more now!


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Posted in autos, Online Auction, Online Auction Items, Surplus
Thursday, September 4, 2014

1997 Mariah Cuddy Cabin Boat: Get Deal On a Fixer Upper!

mariahNext up on the auction block is this 1997 Mariah Cuddy Cabin boat, now currently available for online bid. This vessel, named the Bimini, measures 25 feet long and comes in white with a gold decal. It sports a Mercury Mercruiser 250 horsepower engine along with GPS equipment and a 2001 boat trailer. Unfortunately, despite the good condition exterior which only has some minor scratches and no visible holes, this boat has suffered from some interior water damage that includes flooding, electrical issues, battery damage, etc. The current asking price for this online auction item is just $7,285 with no bids placed as of yet. This auction will be ending in precisely 12 days, 20 hours, and 23 minutes so be sure to click here right now if you’d like to find out all about it!


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Posted in boats, Online Auction, Online Auction Items, Seized
Thursday, September 4, 2014

Commercial Condo Unit In Longmont, Colorado: Start Up Your New Business In Longmont!

longmontGoing up for live auction on September 22nd is this commercial condo located in Longmont, Colorado. This modern office building features a condo unit with a lobby, offices, kitchen area, restrooms, and even a private courtyard. It also offers 9-12 foot ceilings, floor-to-ceiling windows, green space, shared parking, and a shared basement. Situated in the urban development known as Prospect New Town, the area is in close proximity to retail stores, offices, and residential condos. This particular auction will be sold with all of its existing furnishings inside. The winning bidder of this auction will be required to put down a $25,000 deposit so keep that in mind before deciding to bid. Do you want to find out more about this upcoming seized property auction? If so, then all you have to do is activate your free trial account right now to get started!


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Posted in Live Auction, Live Auction Items, real estate, Seized
Wednesday, September 3, 2014

Bidding Strategies for Live Government Auctions

Bidding at a live government auctionUnless you are a professional dealer or a business owner you’ve probably never bid on anything at a live auction before. Sure you may have bid on things online, but live bidding is a whole different ball game. The fast pace and sometimes-hectic environment make live auctions an exhilarating experience. We sometimes get calls from customers who are unsure of how the whole process works, and the idea of bidding against a room full of other people can be a bit intimidating for them. However, we are here to tell you that after reading this email, you should be familiar enough with the basics to confidently attend your first or next auction.

Open verbal auctions are the most popular types of auctions, and the ones we will be focusing on here. At these auctions, the auctioneer asks for a price and the bidder will agree to that price by either raising one’s hand or bidding card or verbally agreeing.

The type of bidding strategy that you choose to use should depend on what you feel most comfortable with and which strategy you believe will give you the best results in that situation. Some bidders believe it is best to come in with guns blazing from the start. In doing so, they hope to deter weaker bidders by showing that they mean business. Other bidders believe it’s best to wait until the bidding slows down to just a few people, and then enter the bidding. They hope that by entering late in the game, there will only be  few bidders left, some of whom will grow tired of getting beaten and drop out. These are certainly not the only bidding strategies employed by experienced bidders, but they are some of the most popular, and knowing them will get you more comfortable with the process.

Other strategies have to do with specific bidding tactics rather than the timing of bids. The first thing to do is to try and bid in the smallest increments you can. The auctioneer might not be too happy about this since he will have to spend more time on the item in order to get the prices to the level he would like to see. This strategy also prolongs the bidding, giving bidders more time to think and make rational decisions; This is not something  that is in the auctioneer’s interest.  For example, if the current bid for an item is $100, and the auctioneer calls out $120, that doesn’t mean you have to bid $120. You can offer $105, $110, or any other amount in between. The auctioneer may very well ignore you if there are many bidders meeting his price, but when things slow down, this strategy works.

Auctioneers can sometimes be hard to understand when they are calling out bids in rapid-fire succession. Their fast way of speaking partly has to do with tradition, but it is also a deliberate attempt to create a fast pace and encourage larger bids. Do not be fooled by this! When the auctioneer is calling out bids, make sure you know if that is the current bid or the amount he is asking. For example, when he says $1000, $1000, $1000, he is most likely asking for $1,000, not looking for a higher bid. When the auctioneer has $1000, he will usually say so clearly, before seeking the next bid.

If you lose the bid on an item, DO NOT LEAVE until the sale of the asset is confirmed. This simple, yet effective strategy can work wonders. In many auctions ,some of the assets that were sold end up coming back up for auction because of some problem with the winning bidder. The problem could be that the winner didn’t have enough money, withdrew the bid, or some other problem. . The auctioneer may start the bidding from the price the item originally sold for, but do not offer that amount, because there is a good chance you can get it for less. When the asset is put back up for auction, some of the people who were initially bidding on it may have left, which could lead to less competition and a lower price.

Don’t buy multiple items at once if you don’t have to. At some auctions, you might have the opportunity to buy 10 office desks in a single lot if you are the highest bidder. If you do this, you will generally end up paying more than if you bid on each desk individually. The reason for this is because the first few items typically fetch the highest bids. If you do not need all 10 desks, you are better off bidding near the end.

Last but not least, make sure the auctioneer can see you at all times, otherwise none of the strategies will do you any good!

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Posted in Announcements, Live Auction