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Thread: Wow, what an auction day!

  1. #1
    MamaDuke's Avatar
    MamaDuke is offline Moderator
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    Angry Wow, what an auction day!

    Our auction today was scheduled for 2:00 pm. About 10 this morning, I spoke with the auctioneer's main office. They told me that the 11:00 auction in my area may run about 30 minutes over, but he would be here as soon as possible.


    At 2:22 I got another call from his office. The 11:00 auction had just finished! He still had to go to the 1:00 property for 4 units, and will now be here between 3:15 and 3:30. Of course, several of the bidders already here have now left, and I can only hope they will come back. This is the first auction this property has ever had, and we now have a "black eye" in the auction community. Hope that doesn't count against us for future auctions.

    The problem? The 11:00 property was originally an "average" auction. Then last week they were told it was up to 20 spaces. This morning, they added 6 "abandoned" units, 2 vehicles, and a "private" unit.

    In their defense, I have used this company many times in the past with no trouble, and they are very apologetic. But auction day is stressful enough without all the additional chaos!

    MamaDuke

    The art of life is to know how to enjoy a little and to endure very much.

  2. #2
    geraldine1051 is offline Senior Member
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    Default Re: Wow, what an auction day!

    Wow, Mama, I hear your stress. Hope the auction is happening now and that your buyers have returned.

    We do our own auctions, so I will never have happen what happened to you. However, I had an auction scheduled for the 18th, and the newspaper did not print my legal ad. So, I had to reschedule... Of course I have already told callers we are having an auction on the 18th, so I will have some 'splaining to do when those folks show up.

    Hang in there and have a nice weekend.

  3. #3
    Lisa T's Avatar
    Lisa T is offline Senior Member
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    Default Re: Wow, what an auction day!

    When we were in Florida, we were always the first auction of the day, so we never had that problem..but sometime we had 2 units and sometimes 30, and the auction company scheduled us for the same half hour every month no matter how many units we had...I know those later in the same day (they did 8 in a day) usually ran late, and the last one or two of the day were always late. I wouldn't have liked that either.

    Here we do our own....it works out fine here...we always get plenty of bidders and always start on time.

  4. #4
    MamaDuke's Avatar
    MamaDuke is offline Moderator
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    Default Re: Wow, what an auction day!

    We got it done, finally. Started 90 minutes late, but most of the crowd came in with the auctioneer. For a first auction at a previously "unknown" facility, we did fairly well. Most of the bidders that were here already did come back, and so we still had a crowd of about 50. Not bad for a first auction.

    The auctioneer was frazzled, as the other property had just added a bunch of company units and vehicles along with a consignment unit...all unexpectedly.

    But it's done, and we move on now!
    MamaDuke

    The art of life is to know how to enjoy a little and to endure very much.

  5. #5
    dennybeall is offline Senior Member
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    Default Re: Wow, what an auction day!

    Does California require you to hold an "AUCTION" or can you just have a Sale like here in Florida?
    Karen and Denny Beall
    Diamond Self Storage
    Nature Coast of Florida

  6. #6
    Bill&Diane's Avatar
    Bill&Diane is offline Senior Member
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    Default Re: Wow, what an auction day!

    Denny, whats the difference? Is there bidding going on at a sale? I'm having my first one next week, and any info would be helpful. Thanks.
    Bill & Diane
    Self Storage IS WHAT WE LOVE

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    dennybeall is offline Senior Member
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    Default Re: Wow, what an auction day!

    The difference is that specifically in Florida IF you have an "AUCTION" then you need to have a Florida Licensed Auctioneer conduct that auction. If you have a sale, such as a Lein Sale, that can be conducted by anybody.
    I have Lein Sales. And have been since 2003. Frequently there are a few attendees that are licensed autioneers and there has not been any problems. I do the sale myself and do not do any "auctioneer" kind of talk, just take the offers as they are made by the attendees.
    The FL Statute has specific times and such but does not specify "AUCTION".
    Karen and Denny Beall
    Diamond Self Storage
    Nature Coast of Florida

  8. #8
    MamaDuke's Avatar
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    Default Re: Wow, what an auction day!

    Whether we call it a Lien Sale or an Auction, the person presiding over the sale must carry a bond. My company is bonded, which covers employees, so I can do my own if I choose. However, for a while, we want this big company to do it, because they bring bidders. Since this was our first auction, we need to get established with the bidders before we branch out on our own!
    MamaDuke

    The art of life is to know how to enjoy a little and to endure very much.

 

 
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