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A Glossary of Auctioneer Terms

Public auctions provide an avenue for buying surplus vehicles, fine art, forfeited homes and anything in between. Below is a glossary of different terms you’ll encounter when looking for auctioneers to use for buying or selling.

  • Estate Auctions – Real estate auctions sometimes sell property seized due to foreclosure. Homeowners sell their property through auction when they want a no-frills sale. You can buy houses and land this way.
  • Estate Sales – Estate sales are events in which the public is invited to view and buy items of a deceased person’s estate. You can find good value on jewelry, furniture, coin collections, kitchenware and household items at these events. If you don’t like the prices you see the first day of an estate sale, come back on its last day, at which point prices will have been reduced. Or, try negotiating with the auctioneer.
  • GSA Auctions – The U.S. General Services Administration supplies automobiles to government workers. When these cars are sent to auction, they provide an option for low-mileage cars that are usually only a few years old. You can also find farm equipment, vans and other types of vehicles at these auctions.
  • Salvage Title Auctions – Automobiles receive a salvage title when they have sustained damage deemed by the insurance company to surpass 50 percent of the car’s total worth. They are sold either live or online at salvage title auctions.
  • Silent Auction – This kind of auction is common to charity events and includes anything from art to getaway packages. Bidders write down their bids on sheets of paper placed around a room. There is usually a fixed starting price and a guaranteed bid for which you will definitely win the item.
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    National Auctioneers Association
    Overland Park, KS 66214
    If you're a professional auctioneer, make sure you have an active membership to our top industry association. Providing resources and business development for auctioneers and auction houses.
     
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    Bruce C Scott Auctions & Real
    3205 Se 10th Ave, Cape Coral, FL 33904
    (1) Review Write a review
    (239) 590-0593
     
    User Review: "Not sure of the exact date that I used thier service. I would say this business is great at scamming. I would never..." - Donna (IN)
    Red Barn The
    4711 Vincennes Blvd, Cape Coral, FL 33904
    Our auctioneer business specializes in estate sales, buying and selling, furniture, antiques and decorating services. Get in touch to speak with our estate sales agents. No matter what service you need, we can help.
    (239) 542-4949
    Gold Master Liquidators LLC
    1402 Lee Blvd, Lehigh Acres, FL 33936
    (2) Reviews Write a review
    (239) 369-2222
     
    User Review: "I can't believe how much money I got for my old broken jewelry. I will be going back again to get extra christmas money."
    Jack Minish Estate Appraiser
    Fort Myers, FL 33903
    (239) 543-7773
    Price Cutter Furniture Inc
    1115 N Tamiami Trl, North Fort Myers, FL 33903
    (239) 656-1700
    Liquidators USA
    110 Ne 2nd Pl, Cape Coral, FL 33909
    (239) 573-4445
    Always Affordable
    1909 Sw 15th Ave, Cape Coral, FL 33991
    (239) 574-6909
    King Auction Gallery
    2400 Cleveland Ave, Fort Myers, FL 33901
    (239) 332-5800
    Manhattan Auto Liquidators
    5099 Bayline Dr, North Fort Myers, FL 33917
    (239) 543-9633
    Gfac Inc
    3049 Cleveland Ave, Fort Myers, FL 33901
    (239) 337-4322
    Island Time Antiques
    4126 Pine Island Rd Nw, Cape Coral, FL 33993
    (239) 283-9506
    Lender Liquidators
    4100 Fowler St, Fort Myers, FL 33901
    (239) 931-7602
    Manheim's Southwest Florida Auction
    2252 Rockfill Rd, Fort Myers, FL 33916
    (239) 332-8525
    Wholesale Outlet Warehouse
    3600 Work Dr, Fort Myers, FL 33916
    (239) 939-0555
    Reposellcom LLC
    3350 Hanson St, Fort Myers, FL 33916
    (239) 313-5201


    Auctioneers are professionals that conduct auctions. Essentially these experts take various bids on all kinds of automobiles, houses, artwork and jewelry that are up for sale. Once the bidding price stops increasing for an item, the item is declared sold by the auctioneer. It is common for these professionals to work at a specific property, estate or public government building. After all, there are auctions held daily all over the United States. Typically people attend these live events and make public bids on motor vehicles, antique furniture, land or other items of value. However, there are also silent auctions as well. However, you do not have to attend all live auctions in person. As you likely know, there are also online auction events held regularly. These tend to have many more bidders than live auctions do. In most towns and cities, there are auctioneers assisting with the sales of precious jewelry, farm equipment, classic vehicles and salvaged surplus goods. Sometimes these events are held as charity auctions. This means that all of the funds raised from the sale of land, old cars, furniture and other property goes straight to a specified charity. There are also bank auctions that involve house foreclosures or homes that are seized by a bank. These residential houses or farms are forfeited to the bank if mortgage payments are not met. You can easily learn more about auctioneers and different types of auction events by surfing the web. Just so you understand, a wide array of furniture, coin collections, precious jewelry and antique cars or automobiles are commonly bid on and sold at these events.
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