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Hampton, Virginia - Auctions search results Premier Listings

 
Types of Auctions and Their Terminology

The auction is an old and unique method of making a purchase. Whether you attend an auction in person or participate in one online, the goal is to make the highest bid for the item you desire without paying more than you can afford. With the proliferation of online auctions, everything can be found on the block, from choice real estate to a collectible penny. Economists laud auctions for helping to create near perfect price discrimination.

  • Online Auctions - These auctions are a recent phenomenon. The public can log onto a specific website and bid on items ranging from houses to auto parts. The auction usually has a strict time limit. At the end of time, the website will distribute the item to the highest bidder.
  • Government Auctions - Government or Municipalities auctions raise money by selling off Repo goods at these specialized auctions. Often, a house or a boat that has been taking by the IRS will be sold at a greatly reduced price to the public. When IRS workers come around to collect property from tax dodgers, this is where that property ends up.
  • Charity Auctions - Nonprofit organizations raise money by auctioning off donated goods. Charity auctions for small organizations may include only minor equipment, however the larger NGOs and NPOs may auction off cars and Antiques.
  • Penny Auctions - These specialized auctions are gaining popularity due to an increase in copper speculation. Older pennies have a higher copper content. You can buy them by the sackful online and watch the price of copper slowly creep up.
  • Auto Auctions - These markets are the best way to find rare or refurbished cars unavailable on the mass market. Collectors and auto mechanics sell their most valuable vehicles through auctions to make the highest return.
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    National Auctioneers Association
    Overland Park, KS 66214
    Our association is the most committed providing our members with vital resources and professional development services. Make sure you have a membership to our auction association today!
     
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    Hoarder Solutions
    917 Canal Dr, Chesapeake, VA 23323
    (1) Review Write a review
    (757) 285-9262
     
    User Review: "Same thing every week, and it is nothing but junk."
    Barrett Street Auctions
    2641 Dean Dr, Virginia Beach, VA 23452
    At our indoor auction gallery, we buy and sell a variety of items to the public. Whether you're looking to stop by and bid on a quality piece of furniture or auction off the property in your estate, get in touch.
    (757) 463-1911
    Auctions by Wallace Co
    6338 Oak Drive, Quinton, VA 23141
    Full service auction company buys, sells, and consigns full or partial estates. Our auctions also include relocation services and property preservation services.
    (757) 871-4360
    Peninsula Auction House Inc
    1927 W Pembroke Ave, Hampton, VA 23661
    (757) 245-9444
    Antique Works
    4323 Kecoughtan Rd, Hampton, VA 23669
    (757) 723-4459
    Phoebus Auction Gallery
    16 E Mellen St, Hampton, VA 23663
    (757) 722-9210
    Ins Auto Auctions Inc
    211 Production Dr, Yorktown, VA 23693
    (757) 595-8493
    Family Auction House Inc
    3510 Victory Blvd, Portsmouth, VA 23701
    (757) 485-5184
    Stephen Zedd's Auction & Liquidators
    1022 Granby St, Norfolk, VA 23510
    (757) 622-1010
    Charitable Auctions
    330 W Brambleton Ave, Norfolk, VA 23510
    (757) 640-8662
    Auction Emporium L.L.C.
    4721 Windermere Ct Apt 203, Virginia Beach, VA 23455
    (757) 356-5552
    Aaron Ryan & Jones
    6064 Indian River Rd, Virginia Beach, VA 23464
    (757) 523-0250
    Hoarder Solutions
    917 Canal Dr, Chesapeake, VA 23323
    (757) 285-9262
    Snappy Auctions
    2548 Virginia Beach Blvd Ste 106, Virginia Beach, VA 23452
    (757) 965-7355
    Virgina Auction Company Inc
    3230 Nansemond Pkwy, Suffolk, VA 23434
    (757) 538-0123


    Auctions are public events that allow people to bid on anything from houses, to antiques, to school memorabilia, to vintage coin and stamp collections. These events are sometimes large and sometimes small. An auction can be held by the government or it can be held by an estate or property owner. While auctions allow individuals and families to sell off cars, art pieces, home furnishings, and computer equipment, they also allow people to buy all sorts of items at lower rates. In this day and age, public auctions are not merely held at a house, estate, local site or large building. Now there are plenty of online auctions that sell overstock goods, home surplus items and vintage antiques. It is important to determine whether or not each item has a reserve price. This way you can decide if you want to buyout other bidders before the time runs out. On a separate note, there are also silent auctions that are held in public venues. Often these events are for high-end goods, antique jewelry, expensive artwork, and rare coin collections. Just keep in mind that once you place a bid, you cannot back out. Use the World Wide Web to learn more about auction house locations, government held events, online bidding, and residential home property for sale. This way you can focus on the type of auction you would be most interested in. You will likely discover that there are public auctions being held in your area and online all the time.
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