- Grinnell, Iowa
The list below covers sellers
most frequently asked questions. Simply click the button on the
question to go to the answer.
- Why should I sell my property
using the auction method?
Should I attend an action before
agreeing to sell my property through the auction method?
What types of property can be
How often do you hold auctions?
Where will the auction be held?
What are "unsellable"
items at a household auction ?
- Will you sell my possessions by
the box full?
- I only have a few items to sell,
not enough for an entire auction. Is it worth it?
- Is there a warranty for any items
purchased at an auction?
Who pays the auctioneer's fee?
How quickly after the auction
do we get paid?
- How is my property marketed by
the Auction Department and who pays for this service?
should I sell my property using the auction method?
- To accelerate the sale of
your property by generating additional consumer interest and
activity. Personal property is closed on the spot. This means
a quick transaction for you
I attend an auction before agreeing to sell my property through
the auction method?
Certainly. We encourage you to. We hope you will be pleased with
the experience of attending a live auction process first hand.
Remember that each and every auction is different, so you can
not necessarily assume that your auction will be exactly like
the one that you attend.
types of property can be auctioned?
We can auction all types of real estate and personal property,
if its legal to sell and has value it can be sold. You would
often do you hold auctions?
We conduct auctions throughout the year.
will the auction be held?
Farm auctions are usually on the site where the property
is being sold. By being on site, bidders are constantly reminded
of the positives associated with that particular property, which
in turn might encourage a higher bid.
are "unsellable" items at a household auction?
- Encyclopedias; old books
that are musty or badly worn; any type of soiled furniture, including
mattresses; metal box springs; metal TV trays; rusty utility
carts; most exercise machines; old ironing boards; food; clothing
(purses, shoes, etc.); paint; hair dryers; toaster ovens; adding
machines; old luggage; "well used" small kitchen appliances;
drapes; jars; sticky plastic dishes; broken items; or anything
else comparable to this list. We ask that you use good judgment
. if it looks like it should be thrown out, please do so.
you sell my possessions by the box full?
We will display individualized items, as well as offer individual
items from the auction block. We feel this is how we can generate
the best market price that a particular item can support. The
usual household items will be sold by the box.
there a warranty for any items purchased at an auction?
No, All merchandise is sold "As Is" "Where Is".
There are no warranties, no guarantees. All sales are final.
Look carefully before you bid.
pays the auctioneer's fee?
The seller pays the auctioneer's fee at a percentage agreed upon
before the auction.
quickly after the auction do we get paid?
Between 10 - 15 days after the auction date, we will issue you
a net check from our non-interest bearing trust account at Wells
Fargo Bank. The 10 - 15 day waiting period is to make sure that
none of the buyers checks bounce and guarantee that the funds
will be available to you.
is my property advertised by the auction company and who pays
for this service?
- National, State and Local
- Auction signs & sale
- The advertising fee is included
in the commission charged for consignment auctions at the fairgrounds.
For private auctions, the advertising fee is deducted from the
gross total of the auction.
If you have any questions
that are not answered here, please feel free to contact us for
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