Understanding Online Auctions: How They Work

Once you are on the webpage with the online auction catalog, click the catalog button and scroll through the items up for auction. When you click a bid button, the software will open the online registration form. Registration is required to prove that a real person intends to purchase and enter a bid amount. Registration requires your name, address, and credit card information, and it must match the registered bidder’s and the credit card company’s information. Click here to visit our online auction catalog

This is the amount of US dollars you must enter to raise a bid. Increments vary by auction. Read the auction information in the online catalog to see the required bid increments. Example: bid increments may be in $1, $5, $10, etc.

A buyer’s premium is a percentage added to the winning bid price. It helps cover auction costs, including the online bidding platform, cataloging, photography, marketing, payment processing, customer service, and sale administration.
For example, if you win an item for $100 and the auction has a 15% buyer’s premium, $15 is added to the winning bid, making the purchase price $115 before any applicable sales tax, shipping, or other charges.
Always include the buyer’s premium when deciding your maximum bid.

You can pay by credit card (as entered during registration), by bank wire transfer (required for invoices over $2000), or in person with cash, check, or other credit/debit cards, with proper identification. ** Please see the discount offered for paying by cash. (-3% on most auctions).

Yes, we do if it is feasible. We use Shipping Saint, a shipping software, to communicate after the sale and to offer insurance and lower fees than traditional shipping companies. Here is more info about our shipping and how it works

Our specialties include: Coin Collections, Fine Jewelry, Collectibles such as comic books, sports cards, gaming cards, comic cards, Sporting Goods, and Firearms. We are a federally licensed firearms facility.

View our completed auction catalogs here. We believe in transparency, so we post sold auction prices (price realized) on our past auctions page. This helps appraisers see today’s market values. Open the catalog and scroll through the pages of lots in an auction. Click the lot to open it and view more images, a complete description of the item(s) in the lot, and the price realized when sold.

Because it brings competition to the buying process and drives real market value. Here is what we wrote about why you should auction your assets.

A professional auctioneer is a problem solver, not just a fast talker. Auctioneers in Texas must meet training and education requirements before they receive a license to do business. We are the only retailers/resellers required to complete education and testing before operating our businesses. Read this article we wrote to understand the benefits of hiring a professional auctioneer.

We are here to help. AMP team is experienced in gauging the market for a diverse range of assets. This is why we offer free evaluations. We can help with the answers you need while handling your inherited assets. We can offer solutions to meet your needs. Online auctions aren’t always the best fit, and we will help you in the right direction even if we don’t auction your items.

The short answer is no. We are personal property appraisers and can tell you the potential value of your items. Whether or not to auction, sell outright, or donate. Learn more about the services we offer.

David and Liz Drake of Trinity, TX own and operate Asset Marketing Pros, LLC. When you work with our company, we handle it. You work directly with us. We are the responsible persons handling your asset. About Us