We run two kinds of sale. An absolute auction sells every lot to the highest bidder with no floor - it draws the biggest crowd and the most competitive bidding, because buyers know nothing gets pulled. A reserve auction protects you with a minimum below which a lot will not sell. For a single valuable piece we often recommend reserve; for a full estate or equipment line, absolute usually nets more once you account for the larger crowd it pulls in.
Commission runs 15% to 25% of the hammer price depending on lot count and value, set in a consignment agreement before the sale. Whole-estate contracts cover everything from a single walkthrough to settlement, and we group and catalog your lots by category so similar items sell together and buyers can find what they came for.
Marketing goes out to our bidder list, plus signage and the online catalog, starting about three weeks ahead. Settlement - your proceeds minus commission - is paid within ten business days of the sale.
