Local Tempe auctions typically enlist the services of a professional auction house to sell items. Conducted in a standardized fashion, third-party auction services will describe the process for every auction in great detail. They’ll also provide specific descriptions of every item as well as schedule inspection periods prior to bidding. Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Tempe Auctions.

1. Tempe Auction
What to Know about the Process

2. Tempe Auction
•Local Tempe auctions enlist services of professional
auction houses
•Third party auction houses describe process in great
detail and provide specific descriptions of every item and
give schedule of inspection periods
•Auctions are advertised in advanced
•Best way to find local auction is online

3. Tempe Auction
•Visit websites of major auction services for information
and schedules of upcoming events
•Website indicates how auction will be conducted. It
indicates whether it is live, online-only or combination of
both

4. Tempe Auction
How the Auction Process Works
•You don’t have to bid the first time, you can attend an
auction to learn and get your feet wet
•An auction house website will contain lots of
educational information
•It’s not unrealistic to get discounts of 90% off the
market value

5. Tempe Auction
How the Auction Process Works
•Make sure to do some due diligence on particular items
you want
•First order of business is to know market value of item.
Knowing market value won’t risk you over paying
•Do not get emotional about winning a bid. Be willing to
walk away from an item if price goes beyond market
value

6. Tempe Auction
How the Auction Process Works
•Some other tips when attending a Tempe Auction:
–Have firm commitment as to the top dollar you are willing to
pay for. Purchase items are non-refundable
–You get no warranties or guarantees with winning bid

7. Tempe Auction
How the Auction Process Works
•Some other tips when attending a Tempe Auction:
–Auction procedure starts with a “ringman” calling out the
item number, then the auctioneer begins selling the item. The
item cost will increase incrementally until no more bids are
heard and the highest bidder wins. The auctioneer will say
“sold” and will state the highest bid number and final selling
price. The clerk records your winning bid, the item number and
your buyer number

8. Tempe Auction
How the Auction Process Works
•Some other tips when attending a Tempe Auction:
–Auctioneers will not wait for slow bidders
–If a bid card is provided, be certain to hold card high when
bidding. Also make your voice be heard. Shy bidders seldom
win bids. Once item is sold, the bidding is over and the item is
gone

9. Tempe Auction
About the Author
Deb Weidenhamer is President of Auctions Systems
Auctioneers & Appraisers, Inc., based in Phoenix,
Arizona. They specialize in auctions and professional
appraisals.
Visit us at http://www.auctionANDappraise.com or call
800-801-8880 for more information about
Tempe Auctions.

10. Tempe Auction
About the Author
Deb Weidenhamer is President of Auctions Systems
Auctioneers & Appraisers, Inc., based in Phoenix,
Arizona. They specialize in auctions and professional
appraisals.
Visit us at http://www.auctionANDappraise.com or call
800-801-8880 for more information about
Tempe Auctions.