We try to
treat our consignors equally, if you are not
happy with our policies and conditions, we
may not be the auction company for you.
Thank you for your consideration.
HOW DO I BID AT AUCTION?
It's simple! At the beginning of the sale,
just visit the auction office to obtain your
bid number. Identification will be required
at your first auction. Then hold your bid
number high so that the auctioneer will see
you as you are bidding. Can't understand how
much is asked? Just listen closely to the
auctioneer or ask a ring assistant. They
will help you with your bid. Please
remember, a bid is a verbal contract between
you and the auctioneer. If you are the high
bidder and the auctioneer declares the item
sold, it is now your responsibility to
secure the item and pay for it.
CAN I SET A MINIMUM ON MY ITEMS THAT SELL
Some reserves will be accepted by the J3
Staff, If an item does not meet the reserve
there will be a 5% commission on the set
reserve. Usually only jewelry and
automobiles have a reserve. Since there are
many items to be sold each Day, all items
are usually sold without reserve. This
allows the auction to maintain a reasonable
duration of time. Please keep in mind that
J3 marketing will bring the buyer to the
auction.
WHEN I SELL MY HOUSE AT AUCTION, MAY I SET A
RESERVE?
Yes! Although a home that is sold absolute,
or to the highest bidder, is a great
marketing strategy, a reserve may be placed
on the home. The reserve is not disclosed to
the public and the home will be fully
marketed to obtain the highest price.
ARE HOMES SOLD AT AUCTION TYPICALLY
FORECLOSURES
OR IN NEED OF REPAIR?
Absolutely not! Homes sold at auction are
typically good homes that need good owners.
Sellers may opt to hold a real estate
auction verses a typical listing so that
they may sell the property faster with less
selling costs. The properties sold in the
past were from owners who are downsizing,
settling an estate, selling investment homes
or just want to sell quickly.
WHAT IF I CAN'T ATTEND ON AUCTION DAY?
J3 allows for absentee bidding. Preview the
items personally at our building Monday
through Friday 8-5 p.m. Fill out the
absentee bid form and the auction staff will
bid competitively on your behalf. See the
Absentee Bidding form for more information.
WHAT FORMS OF PAYMENT ARE ACCEPTABLE?
J3 accepts cash, local check, Visa,
MasterCard, Discover and American Express at
their auctions. |