Auctions, How To Successed in This Profitable Business

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 Auctions, Make Money From Home or Roam Your Local or Small Town Auction Houses, It's Fun.

Check the Ghost in second picture!  I will tell you what she is holding in her arms, and check out her clothes, let me know what you think of this picture....

Let’s begin with there are two kinds of auctions; stock, live stock, cattle, horses sheep. Let's remember this is an in house auctions; antiques, household goods, paintings, furniture, some real estate, estate sales, and cars, just to mention a few.

If you experience a real auction you will never forget; the keenness, and mania, personally if you, on no account, have never proceeded to a live stock auction, I would recommend, don’t start off now, without doing a heap of home work. These auctions can be extremely difficult to comprehend; the auctioneer speaks and moves so fast you will be taken aback. There are secret signal, many may nod, or touch their hand taping their hat. These people know each other, and get there early, in addition, size up the kind of stock they are looking for.

A Rancher or cowboy, is knowledgeable about his stuff, this is what he does, as each animal is brought into the arena, the cowboy can size him up in seconds, he can tell how much he weighs and can brake that down in his head to how much beef he will make if he buys this cow, These auction moves so fast your head will spin. The most important thing to remember in any auction is don’t size up your completion by what they are wearing, this dirty cowboys might be richer then George Bush.

The best thing to do is walk around and hear what folks are talking about, you can tell by the conversations that are an armature. The cowboy looks for a horse with a start back, not a long back, but a strong back. A long back will make a horse weak. Buying stock is like playing to stock market, sometime the price drops that when you keep your cattle out in the range, when the price goes back up, you can load them up and off the stock auction.

Then in-house auctions are the same in many ways, except you can understand what the auctioneer is saying, he is not moving items out as fast, but again an amateur can really screw up how a bid goes, he wants something and starts a high bid, then another amateur will bid against him, yes one of them will get the product, but they paid maybe way over the price of a new showroom floor design. This is great for the house, but really upsets the pros.

Next, show up early and write down all the item numbers, examine the product and think of a price you are willing to pay for these item, you need to ease-drop what others are saying around you. You need to size everyone one up as armatures or professionals. A pro never jumps in right away; it will go down low or the amateurs don’t jump in with a high price.

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All auctioneers’ knows when there is a strong pro in the audience. Then the pros know who the “thinkers” are, they hesitate! Once they bid they are not sure they did the right thing, the pro will yell out a price and the thinker will not bid back, those are the folks for pros like in the room. There are also people at the auction that have a second hand store, so then need a mark up of around 100%. People, who buy for their home, end up paying higher, when they see what they like they know it is lower priced then a store, but they still pay more for this used items in the auction house. I sure hope you learned something about going to auctions and being successful. Good fortune

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