How Auction Estimates and Reserves Are Actually Set
Reading Time: 3 minutesThe low estimate is often set below expected value on purpose. How specialists arrive at a range, where the reserve sits, and what a result reveals.
Reading Time: 3 minutesThe low estimate is often set below expected value on purpose. How specialists arrive at a range, where the reserve sits, and what a result reveals.
Reading Time: 3 minutesRegistration is a credit process, not a form. How long it takes, when a deposit is required, the four ways to bid, and why the absentee bid is underrated.
Reading Time: 3 minutesWhat you net on a $40,000 hammer, why settlement takes four to seven months, which commission is negotiable, and the five contract clauses to read closely.
Reading Time: 3 minutesHow the premium tapers, why sales tax applies to it, the charges nobody mentions, and how to set a bidding limit that survives contact with the saleroom.
Reading Time: 4 minutesHow the November marquee week is structured, the 41% uplift between hammer and total cost, how to read an estimate, and the four numbers that reveal the market’s real health.