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Q. I'm thinking about having an auction, but I
need to know what all is involved. Do you offer Free
Consultations?
A. Yes, we offer Free Consultations. Simply call us to schedule
an appointment. We will come out, look over your assets, and walk
you through all of your options. You may also click here to find
out more about having your own
auction.
INFORMATION
Q. How soon do I receive the dollars generated
from my auction?
A. In a single owner sale, immediately after the auction
is completed and the clerks have balanced the assets unless some
other arrangements have been made or in a few days if several
owners are involved and the checks had to be made to us for
division.
Q. How long does an auction take from start to
finish?
A. Start to finish, whether we are talking about before the
sale, during the sale, or after the sale, all depends upon the size
of your auction. The more assets you have to sell, the more time it
takes to get your auction ready, sell the items on sale day, and
close the auction out afterward. We will be able to give you time
estimates after we look over your assets. We handle all of the
details so that your sale is a comfortable experience.
Q. What is a Buyer's premium and who pays
it?
A. A Buyer Premium is a set percentage charged to the bidder
based on the purchase price. Clients usually add a 10% Buyer
Premium to a sale, which then adds 10% to your total bid price. We
have never used buyer's premiums and have no plans to use them in
the future.
Q. What is the cost difference between have an
auction at my residence or having one at some neutral
location?
A. They difference is actually only the extra costs for the
building, moving expenses or extra labor that is required to set up
a sale at a neutral location. We only charge you exactly what it
costs us out of pocket for these expenses.
Q. How long before I want my auction should I
contact you?
A. It goes without saying that the sooner that you can set up
your sale the more dates you will have to chose from. We have had
clients set their dates over a year in advance. Of course this is
not the usual situation and we would actually like to have a
minimum of 30 days lead time to work all of the logistics items
out.
Q. What makes one Auction Firm better than
another? Aren't they all the same?
A. We believe that one of the most
important aspects of any Auction Firm is ourrelationship with not
only the seller but also with the buyer. Without the attendance and
trust of the buyers, there could be no auction. We at Myers Auction
are extremely proud of our reputation for fair and honest dealing
established for over 70years by our founder, Eugene F. Myers.
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