As we all know, new furniture can be very costly. Buying furniture at auction is a cost effective way to fill your home with the pieces your looking for, at a fraction of the cost. By buying furniture at auctions, you can walk away with some really great deals and save a lot of money in the long run.
If you’re looking for original pieces that aren’t found in everybody’s home, this could be the answer for you. Here are some helpful tips to get you started.
Once you’ve chosen an auction you can request a catalog. This is a good idea when there are a lot of pieces up for auction. This will give you time to look through all that will be auctioned and decide what pieces fit your needs. You can also figure out how much you are willing to spend on the piece before you get there.
Once you arrive at the auction, look over all the pieces you plan to bid on before hand. This will allow you to figure out the true extent of any damage or repairs needed and determine what you are looking to spend. Check furniture for any damage like cracks, chips and other repairs, as well as the durability of the piece. If restoration is needed, check out how much this may run you to determine what you are willing to spend on the piece at auction.
Make the auctioneer your friend. Don’t be afraid to ask their advice. They can guide you through the process and give you some helpful tips.
Bid as if you’ve been doing it all your life, but don’t go outside of your budget. If it is a unique piece you might be willing to pay a little more. If not, there will be another one somewhere down the line. Don’t be afraid to let it go.
Familiarize yourself with Modernist furniture. Spotting a collectible can really pay off when you do your homework. You can save a lot of money by knowing what to look for or make a lot of money by reselling the piece. Either way it is a win win situation.
Make the most of what you learn and don’t be afraid to talk to the people around you. You can pick up a lot of great tips.