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Top things you should research before attending
Auction Houses in Edmonton- What you should know before attending an auction in Alberta
What does the auction house charge for a Buyers Premium. This is usually a percentage that
is added to your purchase at the time of payment, something similar to GST.
Does the auction offer online bidding. Some bigger auction houses will offer this to their
customer’s in order to reach a larger customer base.
Are they members of AAA, which stands for Auctioneer Association of Alberta. There is a
code of ethics that is followed when they belong to AAA
Are they members of AAC, which is Auctioneer Association of Canada. You are able to
check an auctions business reputation through the AAC.
Does the auction house have a permanent location. If they have an address, you should be
able to go and physically see a building in which they conduct their business. This will give
you comfort in knowing they are not selling merchandise out of their vehicles and that the
auction is indeed legal.
Is the Auction house you are interested in bonded. This will ensure you that the auction has
gone through the proper channels to provide the security required by legislation.
Do they offer Online membership which would allow you to gather information at your own
convenience, whether it be late night or early morning. This will increases the clientele.
What are the dates and preview times before the item is up for auction. You want to be able
to look at the merchandise and inspect it to your satisfaction. You will only pay so much if
you are not 100% satisfied with the item, so check their times for previewing items up for
auction. Reputable auction houses have preview times before sale date.
Does the auction house guarantee any of their merchandise? This information can be found
on their webpage.
For more information about Estate Auctions, Police Auction, Business Closeouts, Liquidators
Edmonton, Edmonton Police Auction, etc. Visit us at http://www.kauctions.ca/.