Art Auction Event FAQs
How long does the auction take?
There is a one-hour preview before the auction starts. The auction
runs for approximately two to two and a half hours.
Is the auction high-pressure?
Not at all. We are believers in the soft sell. The auction will
be very comfortable for those in the audience. After all, many of
those in attendance will be at their first live auction and we want
to make sure they have a positive experience.
During the preview, can people ask the auctioneer questions
about the items?
Definitely. This is the best time for prospective bidders to browse
the great array of artwork and to select the items that they are
interested in bidding on. The guests will also have a great time
mingling with each other and sampling your food and beverages.
How does the auction work?
Upon registering, each person/couple will receive an auction program
and a bidder number. After making some brief opening statements,
the auctioneer will start the bidding on the first item. Each item
will have a preset minimum bid, which is the lowest price the item
will sell for. Each prospective bidder will raise their bidder number
to get the auctioneers’ attention when they wish to bid. The
auctioneer will announce each bid and when the bidding ceases on
that item, we have a winner.
Does Signature Auctions accept credit cards for payment?
Yes, Signature Auctions accepts Visa, MasterCard, American Express
and Discover. All checks, however, will be made to your group.
Do people take the items they won with them after the
auction?
Yes, when the entire auction has concluded. The winning bidders
will go to the checkout area, pay for their purchases and take their
works of art home with them.
Is there sales tax on the artwork?
Yes, sales tax must be collected at the event at the appropriate
local rate.
How do we settle up after the auction?
Very easily. Signature Auctions will cut your organization a check
for your share of the proceeds less any checks that were made out
to your group.
Please call us at 1-888-4-BID-UPS (1-888-424-3877) or contact
us online at Signature Auctions so we can start discuss your fundraising art auction. |
