Board logo

subject: Phoenix Seized Property Auction: A Guide To Bidding Etiquette [print this page]


Phoenix Seized Property Auction: A Guide To Bidding Etiquette

If you decide to participate in a Phoenix seized property auction, realize before you go that it can be quite an exciting experience. This can be good and bad, as it's a great way to spend an afternoon, but an easy way to lose your wallet if you aren't careful. You can get a great deal at auction, but you have to mind your manners. Consider this guide to auction strategy and managers before participating.

Know How to Bid

Always conduct a meticulous inspection of the real estate before the bidding even begins at a Phoenix seized property auction. This is an important rule whether it comes down to Beanie Babies or real estate. Get all your questions answered while you can still do research. It's a good idea to do this well before the auction so you can take your questions to the Internet. Don't forget to research housing prices in the area to ensure you are getting the deal you bargain for.

After you arrive at the auction, put your name on the bidding roll. You will be given a paddle or a card, and then it's time to sit down and stay put. Remember to turn your cell phone off or put it on vibrate, as you can't make calls during the bidding process. The other bidders may be disturbed by this.
Phoenix Seized Property Auction: A Guide To Bidding Etiquette


During the Bidding Process

Make your bids forcefully with your card or paddle held high so the auctioneer can spot it in the midst of the ongoing auction. You can no longer make a bid at a Phoenix seized property auction by just waving your finger or itching your nose. Too many bids were cast due to a simple nervous twitch where the "bidder" really only had to scratch.

Since then, the process has gotten much more definite. You aren't likely to accidentally bid, as you have to make pretty obvious efforts to make the bid in the first place. Don't be shy. The auction process happens fast, so make sure your bid is loud and clear.

Screaming your bid is also considered inappropriate etiquette, as the atmosphere of an auction is already chaotic enough.

When you make a bid at a Phoenix seized property auction, always hold your car or paddle close to your face, as that is most likely where the auctioneer will be looking and can better recognize you for having made the bid. Be careful not to place it directly in front of your face, or you'll just be another number. When you've made your bid, remember to put your paddle or card back down so the auctioneer doesn't get any mixed signals. You don't want to escalate a bidding war just because you forget to put your card back down.

Talking during an auction is also bad etiquette, as there is a lot going on and the bidders and the auctioneer need to be able to concentrate. If you should need to speak to a partner or a spouse, remember to whisper. It's understandable that communication will need to happen considering there's real estate involved, but don't disrupt the auction process.

by: Deb Weidenhamer




welcome to Insurances.net (https://www.insurances.net) Powered by Discuz! 5.5.0   (php7, mysql8 recode on 2018)