4 Ways To Maximize Your Auction Sale Without Leaving Your Property
When you have come to the point of hosting an auction sale on your property you want to make sure that you are getting the most out of your time and effort that you are putting into the sale. In order to maximize both time and effort in the selling of some of your items that you are ready to part with, you’ll want to make sure that you are getting the highest value for your items. If you are not a seasoned expert with auctions, you might not know all the tips and tricks of making sure that your time and space is not being wasted.
Hire A Professional
Our first tip is to hire a professional, that will come to you! That’s why Orbitbid is here to help. We will come to your facility and host an online auction for you, this will not only relieve the stress for you, but also help your items get in front of our large existing audience. Hiring a professional can increase the profit of your sale exponentially – they will have the experience and ability to provide a non-biased opinion to maximize your efforts, as well as give valuable insight and knowledge regarding the items up for sale. Hosting an auction sale is not only important, but a lot of work, so make sure you do it right by hiring a professional!
Take Time For Proper Marketing
Proper marketing is another way that you can maximize your return from your auction. If you do the above stated step by hiring a professional, you might even have marketing options through the hosting company. Orbitbid offers marketing packages to our clients to help each sale have the most success possible. If you are hoping to do some marketing for yourself we have a couple tips for you.
1. Get online! Posting about your estate sale on social media will be the best way to reach a large audience quickly. Ask your friends and family to share your posts so that their friends and family will see the sale as well. You will want to provide details of the auction, when and where it will be hosted, when bidding will be available, and maybe some short descriptions of a few quality items that will be for sale. Upload a few photos to the posts to catch peoples interest.
2. Use local businesses to help you! Flyers and posters might seem like marketing of the past but they still are proven to be super helpful in getting information out. For example, if your sale, has a lot of various farming equipment or items, print off a flyer and talk to your local hardware store to see if you can hang up a copy in the entrance. You never know who might spark interest by seeing the auction details and some advertised items.
Post Great Images
Our 3rd tip to maximize your auction is to post great images. A good image with good lighting will help all your items sell themselves. When a bidder cannot see an item in person, it can raise some doubt as to whether this is an item they want to bid on, which is why we want to emphasize the importance of minimizing as much doubt as possible by giving them a quality image that shows each item well and thoroughly.
Price Your Items Fairly
Lastly, price your items fairly, and to sell. Sometimes it can be challenging to part with items that you have had for a long period of time, or you might want to see them sell for a higher price than someone is willing to pay. It’s likely that certain items you are trying to sell hold a strong value to you because of sentiment and emotional ties that you might have to them, but it’s crucial to remember that the people bidding on your items will not have the same feelings towards those same items. So, although it might be hard, in order to make your auction sale the most successful that it can be, you’ll need to price your items according to the value of an outsider looking in.
These are just a few simple tips that you can easily use and implement to maximize your next auction sale and make it as successful as possible. If you have any questions regarding how to utilize Orbitbid to help you get your online auction up and running from the comfort of your own property and location, contact us today! We have a staff that is ready and willing to take your call and help you get started today!