Friday, February 27, 2015

Auction vs Yard Sale

                   VS               

Selling at Auction OR having a yard sale
15 key thngs to consider before you decide.

       Auction                                                                                         Yard Sale

1. Price goes up                                                            Generally price goes down
2. Competing buyers                                                     No competition
3. Always a buyer                                                          Items may not sell
4. Everything will sell                                                     Leftover stuff to deal with
5. Guaranteed payment - good funds                            Have to deal with money Bad Funds
6. Established customers                                              Must find customers
7. Get fair market price                                                  Must establish prices
8. Auction staff does the work                                      Set up & clean up
9. Auction company facility                                           Strangers at your property/weather
10. Set time and date                                                    Early birds and straglers
11. Auction company deals with the public                   Have to deal with the public
12. Auction Company handles advertising                   Have to place ads
13. Experienced                                                            Are you experienced
14. No negotiation                                                         Need to negotiate
15. No sentimental attachment                                     Sentimental attachment

 

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