Requirement 5 - Assets
Discuss with your counselor:
- Types of assets sold at auction
- Types of customers you would be selling these assets for
- List the types of auction formats and the benefits of each and why an auctioneer might sell something through an online auction versus a live auction versus a simulcast auction
Take a moment to consider:
- What is your favorite thing to collect?
- How do you normally purchase a new item for your collection?
- If you wanted to sell some of your collection, what ways do you think would be useful?
Links to explore:
- Top 10 Reasons to Sell via the Auction Method
- 60+ Strange Items Sold at Auction
- Are My Postage Stamps Worth Anything?
- Auction resources from Grafe Auctions
- Home and acreage auction example by McCurdy Real Estate & Auction, LLC
- Business property example by McCurdy Real Estate & Auction, LLC
- Estate sale from the seller's point of view by McCurdy Real Estate & Auction, LLC
- Live-stream auction example by McCurdy Real Estate & Auction, LLC