Pre-Service Preparation

Pre-Service Preparation

• Conduct a thorough inventory assessment of items to be auctioned.
• Research and set starting bids based on market value.
• Create detailed descriptions and photographs of each item for promotional materials.

During Service

• Set up the auction space, ensuring all items are displayed effectively.
• Manage registration of participants and ensure they receive bidding paddles or numbers.
• Facilitate the auction process, keeping track of bids and ensuring smooth transitions between items.

Post-Service Verification

• Reconcile auction sales with the initial inventory list to ensure all items are accounted for.
• Collect payment from winning bidders and distribute receipts.
• Prepare and send out any required documentation to sellers and buyers, including invoices and consignment agreements.

Local Requirements

• Adhere to local regulations regarding auction licensing and permits.
• Ensure compliance with tax laws related to auction sales.
• Follow local health and safety guidelines for hosting public events.