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Is it time to sell your Personal Property at auction?

May 21, 2024
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Andrew Wilson
President, Principal Auctioneer

Selling personal property at auction can be a great way to declutter, make some extra money, or downsize. However, it's important to carefully consider a few things before deciding if an auction is right for you.

Pros of selling personal property at auction:

  • Quick and easy: Auctions can be a quick and easy way to sell your belongings, especially if you have a lot of items to sell.

  • Get the best price: Auctions can be a great way to get the best price for your items, as there is often a lot of competition among buyers.

  • No need to deal with buyers: When you sell your items at auction, you don't have to deal with individual buyers, which can save you time and hassle.

So, is it time to sell your personal property at auction?

Ultimately, the decision of whether or not to sell your personal property at auction is a personal one. There are definite advantages to consider, and you should weigh the options carefully before making a decision.

Here are some factors to consider when making your decision:

  • The value of your items: If your items are valuable, you may be able to get a better price for them by selling them in a certain time of year

  • The amount of time you have: If you need to sell your items quickly, an auction may be a good option.

  • Your comfort level with the auction process: If you're not comfortable with the idea of selling your items at auction and accepting the auction prices, you may want to consider selling them privately.

If you decide to sell your personal property at auction, here are some tips to help you get the best results:

  • Choose a reputable auction house: Do your research and choose an auction house that has a good reputation and experience selling the type of items you want to sell. Wilson Auctions has over 40 years of experience selling personal property of all types (antiques, collectibles, furniture, jewelry, glassware). 

  • Prepare your items for the auction: Make sure your items are clean, well-organized, and in good condition.

  • Set a realistic expectation: Some things may sell for more than you expect. Others may sell for less than you expect. But the ultimate objective is to transition your items for others to enjoy..

  • Promote the auction: Let people know about your auction by sharing with your friends and family, on social media and other channels

Each month at The Auction Center, we sell more than 1400-lots of items of all types with three exciting rings of auction fun.