Live Auctions Tips

Read these 7 Live Auctions Tips tips to make your life smarter, better, faster and wiser. Each tip is approved by our Editors and created by expert writers so great we call them Gurus. LifeTips is the place to go when you need to know about Auction tips and hundreds of other topics.

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How can I protect myself from overpayment at a live auction?

Talk to Auctioneer

When attending a live auction, if at all possible, and if he is available, ask questions of the auctioneer about items in which you are interested.

   
How can I protect myself from overpayment at a live auction?

Show Up Early

Show up for the viewing early at a live auction, and take a good look at all items. Compare the quality of similar pieces.

   
If I twitch or yawn, will that be considered a legitimate bid?

Did You Yawn or Was That a Bid?

When attending a live auction, don't worry about what you've seen on television when bidders inadvertently bid by way of a nervous twitch or yawn. Auctioneers will be looking for a clear hand signal from you, and if they are in any doubt they will usually ask. If you make a bid by mistake, tell the auctioneer immediately.

   
How can I protect myself from overpayment at a live auction?

Arm Yourself

When attending a live auction preview, arm yourself with a cellphone and a phonebook in your car so you can call around and check prices before the bidding starts.

   
When will the auctioneer describe any changes in the auction items?

Listen Carefully

At a live auction, listen carefully as the auctioneer describes the item at the start of the bidding, as this is the time any changes in the lot will be stated.

   
How can I protect myself from overpayment at a live auction?

Talk to Auction Staff

When attending a live auction, ask questions of the auction staff to compare their answers to those of the auctioneer. The auctioneer is setting up "the sale" during the viewing. The staff might tell you something different, and may give you a "real world" idea of what some items usually go for. But remember, they may also be well trained by the auctioneer, so listen, and don't trust everything you hear.

   
How can I protect myself from overpayment at a live auction?

Talk to Others

When attending a live auction, ask questions of other customers admiring similar items. You may run into one with experience who will give you some helpful advice.

   
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Heidi Splete