Manor & Street Personal Property Auctions

Buying at Auction

Selling at Auction

Why Sell at Auction?

Auction Calendar

Bidder Registration Form

Absentee Bid Form

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Buying at Auction (cont.)

Bidding

It's no secret to experienced

auction buyers that few things generate

a bigger adrenaline rush than the act

of becoming involved in spirited bidding.

Bidding is the reason why many

individuals will travel great distances for the

opportunity to purchase a single item at auction

that may be more readily available to them from

the inventory of a local retail merchant. At auction,

buyers set the price for an item with their bids.

Not the seller. You only pay what you are willing

to bid. It's easy. When the auction begins, the

auctioneer will introduce each lot item offered,

in numerical order, as listed in

the catalogue. Following an item's introduction,

the auctioneer will ask for opening bids.

Buyers may call out a number, or indicate a

bid by the number of fingers they raise. If no bid is forthcoming, the auctioneer

will prompt the audience with a suggested

bid, until a first bid is proffered. Thereafter, the auctioneer

will call for successively higher bids, in even

dollar increments, ranging as low as 10%,

and as high as 100% of the previous bid.To place a bid

at auction, simply raise your bid card until the

auctioneer acknowledges you. If nobody tops your bid,

the auction hammer comes down, and the

item is yours (subject to acceptance of bid

by seller for consignment property with

reserve price).

Absentee Bids

If you or your

designated agent are unable to attend the auction

in person, you may place an absentee bid

with Manor & Street prior to the actual sale

date. At the back of each and every

catalog you will find a blank absentee bid form. You may

also obtain a form online (see pagelink above), or

request forms from Manor & Street by telephone, or fax.To submit

an absentee bid, simply indicate on the

form the items you wish to bid on, and your

maximum bid for each. Sign and return the

form to Manor & Street by mail or fax (888/825.5092),

up to three (3) days prior to auction. When the

lot you are interested in comes up for sale, a

Manor & Street auction specialist will

execute the bidding on your behalf.

Manor & Street will try to purchase

the item for as little as possible, never

exceeding your limit.Should identical bids

be received from different buyers, the

first bid received takes precedence. If you become the

successful bidder, Manor & Street will make every

effort to contact you within twenty-four (24)

hours to arrange for payment.

A statement of charges

(including shipping) will be mailed to you

within three (3) working days of the sale.

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