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December 16, 2019, 06:08:48 PM *
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Author Topic: Auction Resuls  (Read 1023 times)
fcee
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« on: August 15, 2019, 06:48:46 PM »
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Any chance of a revue of the auction night results for those of us that could not attend .cheers  Steve  Smiley
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ipg
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« Reply #1 on: August 16, 2019, 05:51:59 PM »
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what were you interested in Steve?
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fcee
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« Reply #2 on: August 17, 2019, 12:47:45 PM »
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Hi ,nothing in particular ,just a general report on how it went ,did stuff sell ,good prices ,big crowd ? cheers Steve . Smiley
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mcl1959
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« Reply #3 on: August 18, 2019, 07:40:32 AM »
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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
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fcee
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« Reply #4 on: August 18, 2019, 07:02:06 PM »
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 Thanks Ken ,seems like more and more sellers would rather use the internet . cheers  Steve .
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mcl1959
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« Reply #5 on: August 18, 2019, 07:14:48 PM »
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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
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my8thholden
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« Reply #6 on: August 19, 2019, 08:14:30 AM »
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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
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these days i'm half as good for twice as long
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