Frequently Asked Questions
What is an Auction?
- An auction is a method of marketing where people gather and merchandise is sold to the highest bidder.
- Auctioneers create a competitive bidding environment in order to generate themaximum dollar for each given item.
Why Do People Sell At Auctions?
- Sellers choose to sell at public auction because it is the most effective way to generate current market value of their merchandise.
Why Do People Buy At Auctions?
- At an Auction, you determine the price.
- Auctions offer a variety of merchandise you may see in retail stores, but it sells for a fraction of the price. Auctions also carry many valuable, unique, and one-of-a-kind items that are not available anywhere else.
How Do I Bid On An Item?
- Here at K.C. Auctions, a bidder number is required in order to place a bid on an item.
- When an item of interest is placed up for auction, simply raise your bidder card for the Auctioneer to see your bid.
- When you have made a Purchase, the Auctioneer will ask to see you bidder number.
- Make sure you listen to the Auctioneer, he will explain what is being offered for auction at that moment, and how it will be sold. (If there is more than one, etc.)
What Happens When There Is More Than One Of The Same Item?
- The Auctioneer will tell you if you are bidding on an individual item, or all of the items as a “lot”. (one price for all the items together)
- The highest bidder has first choice of how many of this item he/she wants.
- After the first bidder has taken how many they want, the item is offered to the second bidder (the person who bid prior to the final bid). Then the item is offered to the third bidder, and so on.
- Once all bidders have been offered the item at its final price, the remaining items are offered to anyone else in the crowd. This is a first come first serve situation, so raise your bid card quickly. The auctioneer will choose who gets the item next, he has final say, and full control over the situation.
What Happens To My Merchandise After I Have Purchased It?
- Once an item is sold, the buyer assumes full responsibility for it.
- If you purchase a large item (a piece of furniture, etc.) and you are unable to take it with you the day of the auction, please inform our staff and make arrangements for pick-up at a later date.
General Tips About Buying…
- Take advantage of the time given for “Preview” prior to the Auction.
- Review the merchandise carefully, and know what you are bidding on before you buy it. All items are sold AS-IS, WHERE-IS unless otherwise specified.
- Read and understand the “Terms & Conditions” of our Auction prior to making a purchase in an effort to avoid any confusion.