TO SELL PERSONAL PROPERTY - AUCTION PROCESS
Auction Viability Assessment
The first step in the consignment process is a free assessment
by our staff to determine if an auction is a viable option
for your item, collection or estate. Please note that all
estimates are provisional and subject to revision upon further
research. These estimates can be obtained:
setting up a "house call" or walk through of your
home or business to inspect personal property, antiques
- By setting an appointment to meet us at our office;
- By sending a photo inquiry to us by mail or email.
- Based on the result of the auction estimate for your personal
property, you and the auctioneers may discuss whether it
is suitable for auction and if our services are the right
match for your specific needs.
2. The Consignment Agreement
- Once you have decided to consign your asset(s) for auction,
you will receive our straightforward agreement, with the
auctioneers and sellers responsibilities spelled out in
the contract. This agreement provides a detailed description
of the terms and conditions.
- When not conducting an on-site auction, we can arrange
to have your item(s) shipped or moved to our gallery. When
we take possession of your items for auction at our gallery,
we will complete a consignment inventory, and you will receive
a copy for your records.
3. Preparation of Items for Auction
- Exposure: We handle each item to ensure it has maximum
visibility and appeal in our print/internet advertising
and on the auction floor.
- Research: Our staff diligently researches your items using
our extensive reference library, expert contacts, internet
databases, and resources, to develop a detailed description,
condition report, and knowledge of your item(s). This gives
absentee, Internet, and phone bidders confidence in
bidding on your items.
- Timing/Location: Your merchandise will be placed in the
proper auction to help it achieve the greatest sales potential.
- Photography: Your better items are photographed for inclusion
in both print and internet advertisement. These photographs
highlight details that will build interest and instill confidence
among prospective bidders.
- Catalogs & Fliers: We produce high quality color and
black & white catalogs, brochures and circulars to build
interest and provide information on the items that will
be offered at the upcoming auction.
4. Marketing for Worldwide Visibility
- Direct marketing: Our data base includes specific interests
of private collectors, museums, and dealers from across
the country and around the world. This gives us the ability
to match items in upcoming auctions with likely bidders
in order to increase sales results.
Auction catalogs, brochures or circulars are mailed to private
buyers, museums, collectors and dealers from our data base.
Additionally, auction fliers are distributed to local shops
- Advertising: We place advertising in national, state and
local newspapers and trade publications highlighting upcoming
- Internet Posting: All auction listings are uploaded to
the internet well in advance of the auction to broaden exposure
of your item to millions of people worldwide.
5. The Auction Set-up
Well in advance of auction time, our experienced team will
sort, clean and pack items for shipping if necessary, and
set up for preview and the auction. Should your auction
be on-site and require a tent, tent crew will arrive and
erect the tent. Adequate seating, tables and cases for display
of your items will be provided. In many cases a projection
system is utilized to project live internet bidding or to
project images of items for an enhanced presentation on
auction day. Sound system will be tested and setup for the
auction. If the electrical system for an on-site auction
is not adequate electric generators will be utilized for
ample electric supply. If the auction is to be held away
from the property, Civic Center, Ballroom or other suitable
location will be made ready. Food concessions and restroom
facilities will be available to all auction attendees. Some
on-site auctions will require security guard surveillance
by off duty local law enforcement or guard service.
6. Auction Preview
In the case of an advertised auction preview, items to be
sold will be on display for the public from 9 a.m.
7:00 p.m. the day prior to the auction. At this time, all
items to be sold at the auction are available for inspection
by potential buyers. Your merchandise will be carefully
displayed in a manner to maximize its visibility and appeal.
During the preview, potential bidders can also contact us
by telephone or email to request more information about
7. On-Site Preview
On-site auctions can be previewed the morning of the auction
beginning two hours prior to the scheduled start of the
8. The Auction
Kennedys Auction Service differs from other auctioneers
in that whether we are auctioning your items in our gallery
or on-site, bidders can participate in the auction by:
bidding at the Auction
- By placing absentee bids in advance of the auction;
- Bidding live on the telephone;
- Or, by bidding live on the internet. This means that thousands
of people around the country, and in some cases around the
world, are viewing and able to bid on your items.
An adequate staff will arrive well in advance of auction
including auctioneers, clerks, cashiers, bookkeepers, ring
men and assistants who will be present to properly conduct
your auction. In the event that parking assistance is needed,
off duty Police, Deputies or security personnel will assist
attendees with parking. As bidders begin to arrive, the
Auctioneers, Real Estate Brokers and ring men will distribute
plats, equipment lists and brochures, answer questions,
show property, and welcome everyone. The Auctioneer will
then take the stand and explain the terms and conditions
of the auction, order of sale, specific time for the sale
of Real Estate or Special Items, the sale restrictions and
the rights of the seller, the buyer, and the auction company.
The auction begins and the ring men spread out through the
crowd. It is their duty to see that there is no confusion
and that the auctioneer acknowledges every bid. They will
also answer any last minute bidder questions while the auction
is in progress.
9. Post Auction
Internet, Phone and Absentee winning bidders will be invoiced
for their items. Upon receipt of payment, items will be
packed and shipped or delivered to a packing and shipping
company for shipping.
After the auction you will receive a complete accounting
for all consigned items and payment in 30 days or less.
Learn about the auction advantage
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Call Kennedy's Auction Service at 731.645.5001 now!