513 - 368 - 4928

                            

Entryway of real estate auction home in Cincinnati

STEP THREE: Listen Carefully On Auction Day

Familiarize yourself to one of the bid assistants (referred to as a ring person) who is working in the area you have chosen. The job of the bid assistant is to be there for you!  They will relay bid to the auctioneer, answer questions, and help you as needed.  

As the auction opens on the property of interest, offer an opening bid, often this is not your top price, but a reasonable start. Several people may be bidding at first, but as the price increases, most will drop out. Each time a bid is recognized from another person, you must decide whether or not to continue bidding. If your answer is yes, hold your bid number card or your hand in the air. Do not hesitate to call out to a bid if you don't think they have noticed you. Auctions move at a fast pace and if you let yourself go unnoticed, you may miss out on the winning bid.

Remember!
The worse thing you can do at an auction is not attend. Invariably, the property you were interested in will sell for less than you were willing to pay.

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Scott Heise  513.368.4928
Email: sheise@scottheise.com

Scott Heise Auctioneer
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