6 Things to Know Before Visiting an Auction House
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By PAGE Editor
An auction house can be great fun, especially if you are hunting for antiques or curiosities. But unless you’ve used them before, the whole process may seem a little too fast or confusing. Being prepared for what to expect before you go can help make everything go smoothly. In this article, you will learn the six easy things to have you feeling prepared and enjoying yourself while visiting the auction house.
1. Get There Early and Register
Before you can place a bid, register with the auction house, and you’ll be asked to show your ID. After that, you’ll get a number or paddle to use during the auction, so arrive early, especially if the event is busy. This gives you time to check in, get settled, and look around without feeling rushed. Make sure to call ahead instead of waiting, since you must be registered and ready before you join the bidding.
2. Learn How Bidding Works
Bidding moves quickly, and you'll need to stay alert as the auctioneer calls out prices while others raise paddles to join in. Once you place the highest bid, you’ve bought the item, so know your budget before things start. If the bidding doesn’t reach the seller’s reserve price, the item won’t sell right away. But you may still get the chance to make a private offer afterwards, which gives you one more shot at winning.
3. Go to the Viewing Session First
For the most part, auctions will let you see the items in person before the day arrives. This is called a viewing. Keep in mind that it is worth a trip there to inspect the pieces yourself. Pictures on the internet or in catalogues simply may not reveal small damage or wear. Take your time, bring a tape measure, and don’t hesitate to ask questions, especially if you do plan to bid, to know precisely what you’re getting.
4. Ask About Extra Costs and Conditions
The winning bid isn’t always the full price you’ll pay, so check for extra fees before placing your bid. Unlike in-person auction houses that often add charges like buyer’s premiums or GST, online or catalogue auctions may also include similar costs. Furthermore, a good auction house will explain everything clearly and guide you through the terms so you understand what to expect.
5. Be Ready to Pay and Collect Your Item
After the auction, if you win something, you’ll need to pay quickly, sometimes even on the same day. Some places accept bank transfers, but it’s best to check ahead so you’re not surprised. If you’re bidding on big or heavy items like furniture, it’s also important to plan how to bring them home. While some auction houses offer delivery, others don’t, so it helps to ask about that before things get started.
6. Don’t Feel Pressured
While it’s easy to get caught up in the energy of the room, especially when others keep raising their bids, try not to let that excitement push you past your budget. Stick to your limit, and if you don’t win this time, that’s completely okay because there will always be more auctions to join. However, if you’re still learning how things work, it helps to watch a few rounds first so you can understand the flow.
Ready for what Comes, and Enjoy the Day
Your first time at an auction house can feel easier than you think, especially if you take steps to prepare. By getting there early and sticking to your budget, you set yourself up for a smoother experience. It helps to stay calm, trust your plan, and speak up when something isn’t clear. With a bit of effort before the event, you can walk in feeling sure of yourself and leave with something worth getting excited about.
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