How to Run a Successful Auction

Over the next few days I'm going to be posting my ten most helpful tips on how to run a successful auction. Apart from making sure the Guests have such a good time that they will want to tell all their friends you have to achieve your ultimate objective and that's to make as many sales as is humanly possible.

Choosing the right Auctioneer.

Because your auction is of a specific nature it is imperative to select an auctioneer that is ideally suited to this type of Auction. For example, a Fine Art Auctioneer is not always the person to select when conducting a charity auction which may include sporting memorabilia and assorted items that have been donated.
The success of your auction often depends on the ability of the auctioneer and his knowledge of the type of goods being submitted to auction. The hype and spontaneous activity that comes with these types of auctions requires certain qualities such as a quick wit, an ability to "get on with it" and sell for extended periods at a fast pace. Alternatively, more refined auctions such as Fine Art calls for an auctioneer that displays a good level of patience and decorum. Selection of the most suitable auctioneer is sometimes understated and many auctions fail to reach the desired results and standards because of poor selection.