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Eau Claire, Wisconsin - Auction Houses search results Premier Listings

Popular House Auction Terms

In 2010, 2.87 million homes were repossessed and auctioned due to defaults on mortgage payments. Fortunately, this trend has made it more affordable for new homeowners to acquire property through auctions. Similiar to real estate auctions are estate sales, in which a deceased person's possessions are sold in one auction or piecemeal. Here is some of the common terminology used in the practice of auctioning real estate and estate sales.

  • Absentee Bid – If you’re dying for a rare antique you found on an online auction but can’t make the showing, consider placing an absentee bid. This bid can be submitted orally or in writing in lieu of your presence
  • Accredited Auctioneer, Real Estate – The Auction Marketing Institute designates this professional certification to auctioneers who possess the proper education credentials and a track record of good practices and ethics.
  • Appraisal – When a home is appraised, its property value is assessed by a third-party company. This information is essential to placing a bid.
  • Bank Letter of Credit – When a bidder is not paying with currency, a certified letter from the bank may be obtained to verify the person’s eligibility for credit.
  • Bid History – A historical account of all the bids made at an auction. By looking at the bid history, you can find out whether it’s worth it for you to place a bid yourself.
  • Estate Sale – An estate sale will involve an auction selling all of a deceased person’s property, including the person’s land, house, fine art, jewelry and other items of value.
  • Tax Sale – A tax sale differs from a foreclosure. A house is foreclosed as a consequence of mortgage default. A tax sale is conducted by the government when property taxes are not paid.
    National Auctioneers Association
    Overland Park, KS 66214
    The National Auctioneers Association represents the interests of the premiere auction houses and auctioneers across the country. Providing networking and business resources for your auction house.
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    Appraisal1one Auctions & Appraisals Jim Severson
    5106 W Cameron St, Eau Claire, WI 54703
    Established and experienced in markets of business equipment, personal property, heavy equipment and specialized machinery. Boasting experience in health care, automotive, mine and quarry, retail, and agriculture.
    (1) Review Write a review
    (715) 874-5663
    User Review: "We compliment them on the professional and efficient manner in which our estate was handled. We highly recommend their..." - Mary (WI)
    I-90 Auctions
    902 East 2nd Street, Winona, MN 55987
    Online consignment auctions Register,bid,consign your items at i-90auction.com. Everybody has merchandise they no longer need, i-90 can sell them for you.
    (507) 475-2530
    Robbie's Auction Service
    705 Keller Ave S, Amery, WI 54001
    Sell your valuable personal belongings and fine antiques at our auction house in Amery, WI. We present live auctions every week and run online auctions.
    (715) 716-4411
    Andrews Auction Service
    6610 Us Highway 53, Eau Claire, WI 54701
    (715) 835-0820
    L L Stewart Real Estate
    2016 Brackett Ave, Eau Claire, WI 54701
    (715) 834-6664
    Chippewa Valley Consignment Shop
    3707 Halsey St, Eau Claire, WI 54701
    (715) 563-5498
    Mercer Auction Co LLC
    1728 Westgate Rd, Eau Claire, WI 54703
    (715) 830-5222
    Cheshire Farm Antiques
    E10415 County Road D, Fall Creek, WI 54742
    (715) 877-2228
    Sold 4u Auctions
    2644 Hallie Rd, Chippewa Falls, WI 54729
    (715) 723-7355
    Heike Realty Auctioneer Realtor
    135 E Main St, Mondovi, WI 54755
    (715) 926-5005
    Werlein Scott Auctioneer
    W356 County Road Z, Mondovi, WI 54755
    (715) 946-3131
    Pettis Gary Auction Service
    E14915 Bears Grass Rd, Augusta, WI 54722
    (715) 286-5790
    Steve Strey Auctioneer
    S13851 Finch Dr, Osseo, WI 54758
    (715) 597-6096
    Durand Auction Services
    118 W Main St, Durand, WI 54736
    (715) 672-4224
    Bauer Auction Service
    1302 E Prospect St, Durand, WI 54736
    (715) 672-8831

    Auction houses provide venues for people to offer various items of property for sale in a specific way. People can bid on property presented in auctions at more informal locations, or even online through websites such as eBay. Auction houses, on the other hand, can provide a greater assurance of professional standards. For one, auctioneers may appraise the value of works of art prior to people arriving to bid on these. Auction houses thus aim at facilitating the sales process. These establishments can be operated either by government or private, profit-driven entities. The former option can come into play when property owners have violated laws or regulations. The government might thus put up the cars which previously belonged to criminal offenders for sale. Without reducing the prices for which property is fully worth, furniture auctions and other transactions of this kind could provide benefits to less wealthy individuals. The more common and widespread venue of private auction houses can allow for visitors to bid for rare items of property. They could show, for instance, rare art, jewelry, or coins. Real estate, such as buildings or parcels of land, might also be presented to potential purchasers in this manner. When homes are foreclosed upon, auctioneers could place such items of property on the market. The inventory of varied items presented at auction could also assist people in adding historic or antique pieces to their collections. Auction houses generally represent likely locations for finding antiques and the like. While auctioneers can act dishonestly by rigging bids, all who do so will typically suffer legal ramifications, like fines, and a diminished professional reputation. In any case, auction houses should do all they can to preserve the compact of trust between themselves and their customers.
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