Watch this short video to learn a bunch of handy Auction Flex tips and tricks that you can use before auction day.
Watch this short, rapid-fire video to learn a bunch of handy Auction Flex tips and tricks that you can use on auction day.
Cataloging is one of the most time consuming activities auctioneers do. With Auction Flex Mobile you can use your smartphone or tablet to accomplish this task quicker than you ever thought possible. Auction Flex Mobile works on your local network; absolutely no internet required. Or, if you are using Auction Flex in the Cloud, Auction Flex Mobile works anywhere you have an internet connection.
Auction Flex has had barcode image recognition built-in since April, 2008. It has come to our attention, however, that most of our customers are not aware of this feature or the improvements made to it over the years.
Taxes and Sliding Scale Commissions; they both cost you money. One of them can be entirely avoided (legally).
Internet-only auctions (also called timed auctions) bring their own set of techniques for achieving the highest hammer price for your consignor. There are specific features that are unique to internet-only auctions that elicit greater bidder competition. One of these features is called soft close.
The Monkey, Banana and Water Spray Experiment
5 monkeys are locked in a cage, a banana was hung from the ceiling and a ladder was placed right underneath it. As you would expect, one of the monkeys immediately raced towards the ladder to grab the banana. However, as soon as he started to climb, the researcher sprayed the monkey with ice-cold water. As an integral part of the experiment, the researcher would also spray the other four monkeys. The consequence of the one monkey’s action was doled to all.
One of the challenges that auctioneer’s face is the necessary task that is cataloging. Cataloging can be slow, tedious, and time-consuming. Cataloging, however, is necessary for opening the auction floor to bidders that can’t physically attend the auction. Cataloging permits internet absentee bidding, internet live broadcasting, and internet-only (timed) auctions. It’s fair to say that auctioneers have a love/hate relationship with the cataloging process. There is no doubt though, that opening the auction floor to more bidders brings higher bids to the consignors and higher commissions to the auctioneer.