What does a successful auction house look like today? Travel to Christy's of Indiana to experience a day in the business of an auction house. You can see how a large-scale (primarily live) auction facility transforms into an online only auction facility. Witness the inner workings of a diversified auction company that specializes in personal property, real estate, and online auctions with a foundation in fundraising and non-profit events. Get the inside scoop on a system of orchestrating people, equipment, products, and processes to maximize profits. Discern how to develop a strategy for remaining relevant in an uncertain environment.
Upon completing this class, you will be able to:
- Identify opportunities to assist clients in the disposal of personal property
- Explain the importance of a system in orchestrating the right products and processes to maximize profit and efficiency
- Describe the logistics of running an auction house with people, equipment, and products
- Explain the importance of customer service and current market conditions in selling and fundraising