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Try The Auction Option!

Experience counts - Wow I cant believe its already a new year – this marks my 35 years as a auctioneer – and 30 years as a real estate broker- wow where has time gone.

As a auctioneer and realtor I have seen many changes – not only on the type of sales but the market ups and downs and what works and what does not work.

Looking forward to another good year – working with my talented staff that have been with me for many years too. One thing I see as being crucial is timing – getting the items ready and getting the auction inventory as early as possible . This time of the year is a great time to be thinking about having a auction. Remember we are only a phone call or a text or a email away to answer any questions on how auctions work and why they have been the best way to sell anything. With the many types of auctions and types of marketing a auction don’t just contact us. The best way for us to help you determine the best type of auction is to have us meet with you, that way we can give a good evaluation of the items you want to sell and go through the process. Remember the onsite evaluation is free – free- free. Looking forward to hearing from you as a potential auction client- remember – auctions create action and they get results- and they are one of the most effective and quick ways to sell anything. We offer amazing results – Amazing auctions llc - our past clients are our references.

Email contact – dougm@scicable.com
Telephone 320-630-6651 or 320- 384-7132

Amazing Auctions is here for YOU
No matter what you need to sell, auctions are the
best way to get the best price in the shortest time. Real Estate, farm equipment and personal property can all be sold at auction. Auctions create Action and Quick Results. The Auction method has stood the test of time - no matter what you're selling: real estate; business liquidation; farm; estate; or personal property.

Experienced!
Doug has spent over 20 years in real estate, is a licensed real estate broker and has over 25 years of auctioneer experience with all types of auctions. We can provide you with everything you need to make your auction a success and offer a FREE ONSITE EVALUATION of your property.

Sell your Real Estate!
Since we have been a licensed Real Estate Broker for the past 10 years we can even sell your house or land at auction. Property new to the market will often bring a better price when sold at auction.

Personalized Auction Services!
We can give you a more personalized auction with a more controlled atmosphere onsite or internet-based. Reach out to Doug directly via phone at (320) 630-6651 or email dmc2776@gmail.com anytime!

Get a Great Rate!
After viewing the items you want to sell, we perform a cost analysis, discuss rates, terms and set a date. Marketing comes next with an individually designed poster, pictures gathered and all published here - with your own site page!

Doug Maser
#33-24MN, #13-38WI
Phone: 320-384-7132
Cell: 320-630-6651
dmc2776@gmail.com
www.amazingauctions.us

Look at all Doug's real estate listings at www.heartlandrealtymn.com

Amazing Auctions, LLC
3229 Velvet Street
Hinckley, MN 55037

Auction Updates
Looks like another great year for auctions - The only way to sell - Auctions create action.

The auction method of selling has stood the test of time whether using the traditional onsite live or online only or live and online. When considering selling anything, an auction is the way to go. Some of the big changes we have seen in the last year have been the tax laws and what gets taxed and what doesn't. Another change is what should be sold live auction or what should be sold online only or using both methods at one time. As a seller, it is imperative to understand the pros and cons of both methods. As a buyer it’s important to understand that 90% of online auctions have very specific ground rules and expenses as a buyer - buyer’s premium being the biggest one and shipping. Understanding the importance of knowing what you are buying prior to bidding. As a seasoned auctioneer, I highly recommend to sellers and buyers the importance of having a viewing of items on any auction so that everyone is aware of what they are buying and the expenses that a buyer may incur during the transaction.

Methods of marketing are in a constant change as well.
• How much do we print of paper media?
• Should we run a radio or TV ad?
• What is our online presences like?
• What is a fair balance to get the word out?

Commission is an important aspect and can be a negotiable item. When considering an auction company, consider what added-value services are provided. This may include experience, reputation, knowledge of the items being sold, properly licensed and bonded, and marketing capabilities. Each of these items are important and often times justify the commission expense. Having a positive reputation with previous sellers and buyers and being a member the state association also bring value. Hiring an auctioneer is very similar to hiring a plumber, electrician, or a carpenter - each need to understand what they are working with to create a plan of success.

Selling real estate at auction is a great first option if the property is unique or has never been exposed to the current market. Selling real estate at auction provides great exposure, maximizing time on the market. This process can sometimes supersedes what a traditional market can get, achieving top dollar with multiple potential buyers. Another great advantage is that the seller sets the terms upfront and negotiations complete within 24 hours or less, no waiting!

If you are thinking of having an auction, give me a call! (320) 630-6651

Frequently Asked Questions
Here are a handful of questions many clients have asked. Feel free to contact me, anytime, with additional questions and thank you for visiting my website!

E-mail: dougm@scicable.com

How do I arrange to have an auction and how long does it take to set up?
Most important is that you take inventory of the items that you plan to sell at auction. Keep in mind the condition of the items and be realistic about their value. Then call Amazing Auctions (320) 384-7132 to arrange a sales date. We will then review the items with you and help set up cost provisions and time elements to help maximize their exposure.

Allow at least 2 or 3 weeks of lead time to allow advertising to take effect. Take some of that time to clean or repair any items to help improve their value.

Once it’s set up, how do people find out about the auction?
We use several methods to help potential buyers find out about your auction.

--Flyers: we will prepare an attractive professional looking flyer advertising your sale. In many markets this is the most effective means of getting the word out to those most likely to attend an auction.
--Internet web site: we place information on the internet on this and other web sites to help promote your sale. This is fast becoming a favorite place for people to search quickly for auctions in their areas.
--Newspapers, radio and mailing lists: when appropriate we will add newspapers or radio advertisements to help people learn about your auction. We also have a client list of people who like to attend auctions.

When something is sold at an auction, who takes care of collecting the money?
Our auction clerks track the accepted bids for each item and the bidders number. They will then collect the funds from the buyer and account for all bills and expenses.

What is a buyer’s premium?
In general we at Amazing Auctions do not use a buyers premium. This is often a fee added to the price bid on an item at auction either in the form of a set dollar amount or commission basis. We often find most bidders don't understand a buyers premium and may not bid thus reducing the overall price received.

What type of equipment is needed for the sale and do you provide it?
Other than a location large enough to accommodate the merchandise and people in attendance, Amazing Auctions can provide you with most items needed for the sale. This includes selling tables, boxes for smaller items and wagons or trailers for tools or other general merchandise.

I want to sell my home or land at an auction, how do I do that?
The experienced people at Amazing Auctions will help you through the steps needed to evaluate your property's value and work with you to get the best possible price in the shortest time. When selling at auction a realistic pricing expectations for the property and proper exposure through advertising will help draw motivated buyers to the sale. Auctioneers experienced in the sale of real estate at auction and through more traditional methods is also important in getting the best value for your property.

Key Terms

Absentee Bid-A procedure that allows a bidder to participate in the bidding without being physically present. Absentee bids are usually handled under an established set of guidelines by the Auctioneer or their representative.

Absolute Auction- An Auction where the property is sold to the highest qualified bidder with no limiting conditions or amount. The seller may not bid personally or though an agent.

"As is" Property
(Auction without reserve) - is sold without any warranty as to its condition and/or fitness for a particular purpose. Buyers are solely responsible for examining and judging the properties condition. Also known as "As is, where is" and "In the present."

Auction- A method of selling property in a public forum through open and competitive bidding. Also referred to as: public Auction, Auction sale or sale.

Auction Listing Agreement-
The contract executed by the Auctioneer and the seller which authorizes the Auctioneer to conduct the Auction on behalf of the seller and sets out the terms of the agreement and the rights and the responsibilities of each party.

Auction with Reserve-An Auction in which the seller or his/her agent reserves the right to accept or decline any and all bids. A minimum accepted price mayor may not be disclosed.

Auctioneer- The person (or firm) whom the seller engages to direct, conduct, or be responsible for a sale by Auction. This person mayor may not actually call or cry the Auction.

Bid- A prospective buyers indicating or offer of a price he or she will pay to purchase property at Auction. Bids are usually in increments established by the Auctioneer.

Buyers Premium- An advertised percentage of the high bid or flat fee added to the high bid to determine the total contract price to be paid by the buyer.

CAI- The professional designation awarded by the NAA Educational Institute to practicing Auctioneers who meet the educational and experiential standards set by the Institute.

Client- The party for whom the Auctioneer sells the property, it is often synonymous with "seller".

Customer- The party who attends the Auction for the purpose of buying the property offered for sale.

Minimum Bid Auction- An Auction in which the Auctioneer accepts bids at or above a disclosed price. The minimum price is always stated in the brochure and advertisements and is announced at the Auction.

Reserve- The minimum price that a seller is willing to accept for a property to be sold at Auction. Also known as the reserve price.

Reserve Auction- An Auction in which the seller retains the right to establish a minimum price, to accept or decline any and all bids or to withdraw the property at any time prior to the announcement of the completion of the sale by the Auctioneer. (Also known as ("Auction with Reserve" and "Auction Subject to Confirmation").

GENERAL AUCTION TERMS:
All items are sold "as is", no warranties implied or expressed. All items need to be settled for before leaving premises. Once an item is sold, it is the buyers sole responsibility to settle for an item and remove in a timely fashion. Seller and auction company are not responsible for theft or damage of any item after it is sold. All sales are final.

Credit cards accepted with proper ID of buyer/card owner with a 5% processing fee on all credit card purchase.

Auction terms are subject to change.