Auction / Selling Process

INITIAL MEETING

AUCTION PREPARATION

SERVICES AGREEMENT

The initial meeting is free
There is no obligation
We learn more about your needs, access the property and discuss location of the auction, moving options, along with potential legal and tax obligations
Together, we create a full-focused plan of action
We review cost based on the plan of action created
If we both see a good fit, we move on to step 2

SERVICES AGREEMENT

AUCTION PREPARATION

SERVICES AGREEMENT

An agreement is created for your review and signature
Once the agreeement is returned, our full-focus plan is put into motion

AUCTION PREPARATION

AUCTION PREPARATION

AUCTION PREPARATION

Your auction is created within our software
Property is organized and catalogued
Photographs are edited
Catalogue titles and descriptions are reviewed for accuracy

MARKETING

AFTER THE AUCTION

AUCTION PREPARATION

The auction is marketed to thousands of potential bidders on multiple channels

Mr Bid Auctions website
Goto Auctions
Indiana Auctioneers Associations
Email marketing
Auction zip (+cost)
Estatesales.net (+cost)
Social Media platforms
We ask that you share the auction link with your network of friends and family

OPEN BIDDING

AFTER THE AUCTION

AFTER THE AUCTION

The auction is administratively processed and uploaded to the internet
Bidding is opened to the public
Bidders register for the auction
Bids are placed during the timed event
If a bid is placed during the final minute the lot is extended by 3 minutes until time expires
Open bidding expires

AFTER THE AUCTION

AFTER THE AUCTION

AFTER THE AUCTION

The auction is clerked
Customers are invoiced
Customers electronically schedule a pickup time or request shipping of invoiced items
Lots are organized for customers as scheduled for pickup.
Payments are collected
Customers receive invoiced items
Sellers receive a documented summary of all lots sold, expenses incurred and the amount remaining for payout.