The Insider’s Guide to Online Auctions: How Digital Marketplaces Connect Buyers and Sellers
What Are Online Auctions?
An online auction is a virtual marketplace where Jones Auction & Realty will work with the seller to list their property, and potential buyers place competing bids over a specified period with fixed start and end times. Unlike traditional in-person auctions, these digital platforms allow participants to buy and sell from the comfort of their homes, allowing participation across time zones.
Online auction bidding formats
- Traditional Bidding - buyer incrementally raises the price and the highest bid at auction’s end wins.
- Proxy Bidding – buyer sets a maximum bid amount and the platform automatically increases bid incrementally. This can protect buyers from emotional over-bidding.
Benefits for Buyers
- Competitive pricing
- Wide variety of unique items
- Transparent bidding process
- Opportunity to acquire rare goods & properties
Benefits for Sellers when working with Jones Auction & Realty
- Reach broader audience
- Potentially higher selling prices
- Have over 65 years of experience and a commitment to exceptional service and a proven track record of success. We offer personalized service and in-depth knowledge of the local market to maximize the value of your estate assets.
- Trusted Reputation: Our commitment to integrity, fairness, and exceptional customer service has earned us a strong reputation in the community.
- Local Market Expertise: We possess in-depth knowledge of the local market, allowing us to maximize the value of your estate assets.
- Personalized Service: We understand that each estate is unique, and we tailor our approach to meet your specific needs and goals.
- Comprehensive Services: In addition to online auctions, we offer appraisal, estate cleanout, real estate sales, and donation coordination services.
Whether you're a collector seeking a rare treasure, a casual buyer looking for a great deal, or a seller wanting to reach a global audience, online auctions offer unprecedented opportunities in the digital age, Call Jones Auction & Realty - where personalized service IS our business!