Auctions Work!

I've been so busy that I have been lax on updating the blog. I just realized that in the last 3 1/2 months, I have conducted 38 auctions and been involved with 9 more with other auctioneers. I'd like to talk about one in particular, that stands out. After finishing one of my wholesale auctions, my cashier (Sister) told me about a local florist that was closing her doors... in 12 days! I went to visit her and found out that she had grown up in an auction family, meaning her father had been an Auctioneer. We negotiated the contract then went to work, she and her family on the set up, me with the marketing. 10 days was very short notice, and so I did my requisite Facebook Boosts, she called her wholesalers, I made some calls, and auction day came. I sometimes hear naysayers that say you can't do this, this will never work, and whatnot, but into auction we went. 1/2 hour before auction, we had a line of people registering. As we began the auction, which we both figured would be somewhat modest, given the short notice, but prices started out strong and stayed that way through all but the very end. We had two items with reserve to worry about. A 12' Enclosed Trailer. Result, it almost doubled what we thought it would bring. Admittedly, I am conservative when I estimate because I want sellers to be realistic, but this trailer brought $2250.00 which was on the high side of the value. The bidder was happy and the seller was happy. The other item, the one that I was worried about was a florist cooler. They are specialized, niche and if you don't have the right buyer.... It won't sell, and it isn't the easiest thing to dismantle and store. Regardless, we got it sold for a number the seller was happy with. It is with great pleasure that I can help people with a solution to their problems, that puts cash in their pocket.

Auctions Work!
Shawn J. Dostie, Auctioneer