Auctions: Expectations vs Reality

When attending an auction for the first time, you may not know what to expect. Auctions can be exciting, but they are not the same as in movies or TV shows. Today, we will share with you what it is really like to attend a modern-day auction!

1. Expectation: The auction process is easy; I will not need to prepare ahead of time.

Reality: Although the auction process may seem straightforward, preparing ahead of time is crucial. If you’re a first-time attendee, you might encounter unfamiliar signals and procedures, making it vital to conduct research beforehand. Don’t underestimate the significance of preparation when attending an auction!

2. Expectation: I must attend every auction in person.

Reality: The availability of online auctions has greatly simplified and enhanced the auction process! Online auctions are offered in a variety of industries which makes it easier for participants to find items they want without having to leave their homes!

3. Expectation: I will only find rare items at auctions.

Reality: While many auctions do have rare, one-of-a-kind items available, most auctions also have ordinary items that can be very useful in your everyday life, and you will find them at a great price!

4. Expectation: If I attend an auction, I must purchase an item.

Reality: Attending an auction is completely free and you do not have to make a purchase. It can be fun to attend the auction just to watch, especially if you have never been to one, as this is a great way to learn how auctions work!

When attending an auction, it may not be as intimidating as you might expect it to be! At Backes Auctioneers, we are here to help you throughout the entire auction process! To learn more about our auction services, visit our website or reach out to our team with any questions.