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The True Value of Auction Selling in WA with Ross's Auctioneers & Valuers


The True Value of Auction Selling in WA with Ross's Auctioneers & Valuers

Have you ever considered selling by auction?

Auctions are the most unique and valuable way of selling almost any type of asset or property. It is a public sale at which buyers make bids. So instead of letting things go to waste, why not explore the potential of selling them through an auction? It's a smart strategy to reclaim some of your investment and turn clutter into profit.

Since our establishment in 1983, Ross’s Auctioneers & Valuers has become a recognised market leader within the auction and valuation industry. We are members of the Auctioneers and Valuers Association of Australia, The Auctioneers and Valuers Association of Western Australia and the Western Australian Chamber of Commerce and Industries.

The company conducts over 1,500 sale events annually by incorporating various disposal methods. Moreover, we are a wholly-owned subsidiary of Dodd & Dodd Group Pty Ltd as trustee for Dodd & Dodd Group Unit Trust ABN: 65 874 186 779. 

Ross's Auctions offer such a diverse range of auctions: 

  • Vehicles
  • Catering equipment
  • Industrial and mining equipment
  • Electronics
  • Paint, etc.

Some of our most popular auctions are those that involve machinery items, furniture or computers. The auction division of our company currently operates from four premises allowing Ross’s to hold more auctions in our showrooms and on-site than any other auction house in Western Australia.

The Value of Selling at Auction

How can auctions benefit you as a seller? Why is it the best way to sell a property? Well, there are many reasons:

  1. Speedy Process, Quick Turnaround: An auction is immediate. It happens during a set time and is completed during that time. It's quick and efficient. When people bid, they make a commitment to buy the property at that price without discussion or debate.
  2. You Set the Time and Place of Your Sale: It's as simple as that. You work with Ross's to schedule what works best for you. Options can include traditional auctions at Ross's sites, onsite or online. Your Ross's Auctioneer can work with you to find the best option.
  3. Comprehensive Marketing of Your Equipment: Part of conducting an auction is marketing to get as many people to attend or bid online as possible. Ross's Auctions has comprehensive mailing lists, runs advertisements, distributes fliers and more.
  4. Exciting Atmosphere: An auction is an exciting atmosphere. Crowds of people competing for property, combined with that lively auction chant, make for some great entertainment and fun. People mostly come to an auction to buy and bid.
  5. Auctions Work Well in Both Good and Bad Economic Times: People love auctions because they love sales. Statistics show that in a good or bad economy, auctions remain a steady force. When the economy is slumped, the auction industry does not feel the impact: people still flock to auctions.

How do auctions work at Ross’s Auctioneers & Valuers?

An auction is a public sale at which buyers make bids. No bid can be accepted unless the bidder is registered and has a buyer's number. Registration is performed at the auction office. Simply fill in the form provided, and you will receive a buyer's number for that auction.

When you wish to bid, signal in an obvious way to the auctioneer. Holding up your buyer's number is the most visible and reliable method. 

If you wish to cease bidding, indicate again in a definite manner, i.e. shake your head.

Ross's Auctions experienced auctioneers can differentiate between voluntary and unconscious movements. If your bid is successful, hold up your buyer's number so that the auctioneer or clerk can read it clearly and record your purchase.

Ross's Sales and Auctions provide an Absentee Bid Service for all our auctions.

  • Fill in an absentee bid form, then hand the form to the office staff. 
  • The auctioneer will bid on your behalf. 
  • Contact our office within 24 hours after the sale to see if you were successful. 
  • All normal conditions of sale apply to absentee bids.
  • Make an absentee bid online next to the lot you are bidding on.

Tip: If you are not sure what something is worth, ask our staff, they will help you by giving you an estimate on what they think an item will achieve at auction. If in doubt, attend some of our auctions to assess for yourself the value of the items offered.

You can also inspect the items for auction and assess their condition, value and quality to assist you in your decision-making. Failure to inspect items may lead to disappointment.

If a lot has more than one item listed, the highest bidder for that lot will usually have the option to take one or as many as they require, the underbidders can then purchase the items at a price stated by the auctioneer. Bidders are given the first opportunity to purchase the remaining lots. If you do not bid, you may miss out.

We do not sell out of auction. However, if you are at an auction and one item does not get sold, buyers may make an offer on a lot. This will be treated as a referral bid.

If you want to know more about how our auctions and valuations work, give us a call or visit our business page by clicking here.

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