Antique & Estate FAQs

Antique & Estate FAQs

  1. What does "consignment" mean?
  2. If I still own my items when they go up for auction, how does Absolute Auctions get compensated?
  3. Why should I consider consigning my items to auction instead of pricing and selling them myself?
  4. What is"fair market value"?
  5. How do I know if my items are appropriate for auction?
  6. Is there a charge for someone to come to my home or business for an evaluation?
  7. What if I just want to sell my items to you? Do you purchase outright?
  8. Will there be a written agreement between us if I decide to consign?
  9. Would it be better to conduct the auction "on-site" at my home or business?
  10. If I consign items to you, who pays for the advertising and mailings?
  11. Where would my items be advertised?
  12. How will you sell my items: all at once, individually, or in groups?
  13. Exactly what is a "lot"?
  14. Do you do cleaning and minor repairing of items in lots to be auctioned? If so, who pays for it?
  15. Will my consignments be properly secured and displayed?
  16. Is there an opportunity for people to view my items before the auction?
  17. Why do you sell items using a slide show presentation instead of physically bringing them up onto the auction block?
  18. I have never attended an auction before. Can I come to the auction just to watch?
  19. How will I know which auction my consignments will be in?
  20. How do I know what time my items will sell during the auction?
  21. Can Absolute Auctions pick up items from my home or business?
  22. What is a "reserve"?
  23. Should I have reserves on my items?
  24. So where does the bidding start?
  25. What is a Buyer's Premium?
  26. What happens after Absolute Auctions & Realty sells my items?