Most Popular Items at Auctions
- Baby care products
- Toys
- Automotive parts
- Laptops
- Smartphones
- Video games
- Clothing
- Home products
- Collectibles
- Business equipment
- Watches
- Fragrances
- Classic vehicles
- Antiques
- Memorabilia
- Advertising displays
- Rare coins
Family Auction Business
Our family has been in the auction business since the 1940s. Joshua Kodner is a certified gemologist and graduate of the Gemologist Institute of America (GIA). His specialties are diamonds and colored stones.
Selling Property in the United States
In the United States, an owner can sell their own property without using an auctioneer, real estate licensee, appraiser, surveyor, attorney, or online auction platform. Sales commissions range from 20% to 50% of the sale price.
Maximizing Auction Results
To take advantage of auctions, they need multiple bidders to send the final price above the estimate. Attractive pricing helps activate psychology that motivates higher bids.
Preparing for Auctions
Sellers can earn top dollar by cleaning items before auction. Dirty or non-working items lower prices. Focus on the overall sale if some items sell for less than expected. Chances are prices will be pleasing.
Types of Auction Items
- Historic rarities
- Lavish antiques
- Unique collectibles
- Fine jewelry
- High-end art
- Vintage cars
- Luxury goods
Auction Bidding Strategies
- Bidding last minute on less active auctions can get deals.
- Open descending auctions have buyers submit bids until the reserve price is hit.
Auction Price Variability
Prices depend on buyer interest that day. An oil can sold for $220 once from a bidding war. Items sometimes sell below market value from little interest.