Auction Resuls

[fcee]

Any chance of a revue of the auction night results for those of us that could not attend .cheers  Steve  :)

[ipg]

what were you interested in Steve?

[fcee]

Hi ,nothing in particular ,just a general report on how it went ,did stuff sell ,good prices ,big crowd ? cheers Steve . :)

[mcl1959]

About 6 items didn't sell, a couple were negotiated after the auction, so generally a very good clearance rate. I thought their were quite a lot of bargains this year which is good for buyers but not that great for sellers. Buyer numbers were down a bit, maybe because of weather. Who knows whether it will be on again next year.  Sellers won't bring goods to the event if they don't think they will get a reasonable result.
The club return is also down if the all-up sales value is low, making it not worth the considerable effort that goes into running it.

That's my take on this year's event.

Ken

[fcee]

 Thanks Ken ,seems like more and more sellers would rather use the internet . cheers  Steve .

[mcl1959]

Yes, it's a shame because a live auction is very entertaining when the buyers are keen and a great item is up for sale.

Ken

[my8thholden]

car parts seem to have the stigma that you want to get it at best price ,even haggle if you can ,auction works the other way , You have to have the combination of the right items in front of the right buyers on the day ,how do you make that happen 100% ,NOT easy ,and applies not only to car parts , BUT a completed car ,seems to me auction is the way to go ,and buyers pay a handsome buyers premium for the privilidge to spend their money and then often a pretty sum on freight..You do a great job Ken ,next year will be a winner ..cheers Vern