Cabinetry Auction 10'x10' Kitchen $1350
What Is A Cabinetry Auction?
Do you know what a cabinetry auction is? If you don't, you might be missing out on some of the most interesting bargains around.
These types of auctions are extremely popular with companies looking to save money on their purchase and consumers looking for large discounts. For those who aren't familiar with the term, here's a brief overview.
One of the best things about these types of auctions is that they are not found in many local papers or in the newspaper's local online ads. While the local classifieds or your local paper to report on the sale of appliances at garage and warehouse sales, it is very rare to see such large volume sales at one time.
Companies that participate in the auction often advertise their products to a very large volume and provide the company with much lower prices than what is usually offered in a local appliance store. In turn, the companies have the option to keep a portion of the discount to reinvest into new appliances or even take the extra cash and go back out into the market to find new customers.
The sellers in a warehouse or garage sale to sell appliances that no longer make them profitable. In fact, this is a common scenario for a lot of companies. They sell off outdated equipment that they need to recover from financial hardship or close the store and take on a lease.
It is important to note that if you decide to attend an auction that you must be prepared to bid based on what you know. For example, when attending a warehouse sale, you are going to be able to get the basic tools that are necessary for the company to run a business. You may not be able to pick up the latest product at the clearance price or the manufacturer may have gone out of business so they won't have any way to tell what you are bidding on.
Just because you are a proud owner of an older brand of fridge or washing machine, it doesn't mean that you can't participate in an auction. While you may want to save the extra money, you still have to be able to bid based on the amount of the product that you are getting.
A cabinetry auction is much different than other types of furniture auctions because you are dealing with a lot of personal items that need to be carefully packaged before you bid. The sellers are selling in bulk and do not have time to sort through the clothing and other belongings in their possession. This is why you will see a lot of empty boxes sitting in the auction area.
Because you are dealing with merchandise that is extremely valuable, you are expected to act like you are dealing with a company that is just going to spend a lot of money on advertising and spend less on furniture at the auction. While it is possible to win a good product at this type of auction, there is no guarantee that you will walk away with a great deal.
The best way to prepare for an auction is to pay attention to online classified ads or notices in your local newspaper. You can also subscribe to the weekly sale headlines as these are the products that are typically being auctioned off. These are the top of the line brand names and companies usually display them to bid high on the higher end items that they have in their possession.
Items that you may want to consider are antique and antiques, specialty pieces, designer kitchen cabinets, kitchens with windows, metal built-ins, glass-paned appliances, and more. Most of these items can be purchased from other dealers that are selling a quality product for a great price.
If you are interested in purchasing right away, you may want to look into the monthly or bi-monthly sales that many companies hold. For a fraction of the cost of a typical apartment, you could be able to purchase all of the appliances that you want and then put them to use within a short period of time.