The auction method of marketing and selling has been used in America since the early 1800's. Auctions provide an atmosphere of competition and for sellers it can provide an easy way to sell their goods at the best possible "market" value. Auctions are generally quick and easy, with a definite sales date.
Sellers generally receive proceeds from the sale of their goods, in a short amount of time. It is the job of the auction company to promote the auction and try to get as many buyers to the auction as possible. Sellers definitely want to hire an auctioneer based on a percentage of the sales price rather than a flat rate as this will incentivize the auctioneer to try to get the highest possible bids for the goods being sold.
Sellers generally receive proceeds from the sale of their goods, in a short amount of time. It is the job of the auction company to promote the auction and try to get as many buyers to the auction as possible. Sellers definitely want to hire an auctioneer based on a percentage of the sales price rather than a flat rate as this will incentivize the auctioneer to try to get the highest possible bids for the goods being sold.
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