Here at Featonby’s, we’re passionate about holding successful auctions and helping you get the best deals. If you’re new to the world of auctions, check out our blog post on the history of buying and selling at an auction house.
Whether you’re buying or selling, a regular visitor to auction houses or looking to attend your first, today’s post is throwing the spotlight on furniture auctions – giving you some insider insight on the reasons you should attend these exciting events.
Selling antique furniture
Bringing your items to a furniture auction house is a great way to secure mass interest in one place – and thanks to the nature of the selling process, you can remove much of the hassle and enjoy an efficient and quick turnaround. With an auction, you’ll know when and where the selling is taking place – and, here at Featonby’s, we’ll be on hand to help every step of the way, making the process as simple as possible for you.
By selling your furniture through an auction house, you remove a lot of the legwork, benefiting from their mailing lists and on and offline exposure – which means you’re more likely to see an increase in people who are interested in your items and therefore a bigger turnout on the day. If the haggling aspect often deters you from selling, an auction house could help here, too. The price of your item is made clear to buyers from the offset and this means that bidders are agreeing to pay the sum in question, leaving no room for discount debates.
One of the biggest advantages of selling through an auction house is that buyers come to do just that: buy. Whether they attend in person, leave absentee bids, get involved over the phone or bid online, they’re looking for antique furniture for sale and their intent is to buy. The very nature of an auction house means that buyers are willing to compete to win the items they’re most interested in, which can lead to back and forth bidding – which means you can see bigger returns!
Another plus point of selling at an auction house is guaranteed sales. Unlike selling privately, the bidding process means you’re sure to make a sale and won’t need to arrange the transportation of items after they fail to sell. You can also add a reserve price to items you’re keen to secure a certain price for.
So, if you’re thinking about selling your furniture through an auction house, North East-based Featonby’s want to hear from you!
Buying antique furniture
If you’re wondering where to buy antique furniture, it’s often best to find a reputable auction room – as this way, you’re guaranteed to find only high-quality items. Avoid looking for cheap sales, as these products won’t stand the test of time – and this is especially true when it comes to furniture. If you’re willing to pay for quality, you’ll be able to reap the rewards for years to come.
Obviously, an antique item means that it isn’t new – so make sure you ask relevant questions about any repair or restoration work before you bid. For antique furniture auctions, the auctioneers should be able to provide you with this information from the seller. One of the great things about an auction house is that you can view the item first-hand, so you know exactly what you’re bidding on. If you’re bidding over the phone or online, ask for a selection of images of the item to help inform your decision.
Whether you’re buying or selling at a furniture auction, the North East is a great place to get involved in the antiques trade. The excitement on the day will make for a lively and interesting event, where you can either make a pretty penny or bag a bargain. Looking for local North East auction rooms that hold weekly auctions full of exciting items? Our auctions are held every Thursday at 10am and we’d love to see you at one! Contact us today to find out more.
If you’ve been asking yourself “where are the best furniture auctions near me?”, we’ve got you covered. At Featonby’s, we’ll be on hand every step of the way – whether that’s to assist with a house clearance, spotting rare and valuable items or arranging collection of your bought goods, we’re happy to help!