When you’re planning an auction or estate sale, you might not spend a lot of time thinking about the specific auctioneer you will hire. After all, aren’t all auctioneers in Maryland essentially the same? While auctioneers are tasked with the same responsibilities across the board, some auctioneers are much better at their jobs than others, and that can make a huge difference for the success of your auction. Read on to find out more about why it’s so important to hire a good auctioneer!
What an auctioneer does
Most people know that auctioneers are experts at talking very quickly, but they don’t know much beyond this. While auctioneers do have that trademark speech pattern that is both entertaining and attention-grabbing, they also have a lot of other important traits and qualifications that are essential for a successful auction. You can’t expect people are just going to buy what you have to offer without any coaxing—you need to really sell it to them. Auctioneers market products and properties to drive bids and ensure that the property owner gets the best return possible. It is the responsibility of an auctioneer to become familiar with the items being sold so that they can draw in potential buyers and generate excitement for the auction.
In addition to being responsible for selling the items that are up for auction, an auctioneer also has to convey the terms and conditions of an auction to bidders. Auctions can be complicated and confusing, especially for first-time bidders, so auctioneers have to be able to communicate effectively about technical aspects of the auction process. Without this communication, bidders might be confused about how the auction works. If your bidders have misunderstandings about how the auction works or how they are supposed to place their bids, you risk a loss of potential profits.
Hiring an experienced and enthusiastic auctioneer can make a big difference in the overall success of your auction. When bidders feel enthusiasm from an auctioneer, they are more likely to be excited about bidding on items. On average, auctions with professional and experienced auctioneers sell more items at higher prices than those without. In addition to driving excitement for an auction, auctioneers can also help you plan for your auction and strategize about the best approach to bidding. Experienced auctioneers in Maryland can help you decide the best way to structure your auction, whether to set minimum bids and how to attract the most bidders possible. All of this advice and support from an auctioneer can contribute to a far more profitable auction.
Work with experienced auctioneers in Maryland
For professional help with your auction from experienced auctioneers in Maryland, reach out to Jane Campbell-Chambliss & Associates, LLC. For over a decade, we have been committed to serving our community with exceptional auction and appraisal services. Whether you are planning an auction or you are preparing to sell your property to a private buyer, our team is here to assist you with the best services around. Reach out to us today to find out more about what our family owned and operated business can do for you!