Auction Blog
NATIONWIDE AUCTIONS
Auctionbid has been established for over 25 years bringing big results to the restaurant industry community. Since the begining of the Pandemic, restaurants have struggled to keep its door open. It all started with resauarnts, bars and the food service industry shutting down for different periods of time. The time has passed and many businesses…
Read MoreOn-Line Auction Forecast
The online auction platforms have been growing in leaps and bounds since 2021 and continues to provide convenience for bidders to participate in auctions nationwide. The beauty of bidding online is not having to be present and yet be able to win a lot. Auction companies have entered to an area of growth between the…
Read MoreGrowing Sub Divisions and HOA’s
In the last 5 years the home values have increased by 78% and the same trend is projected for the next 5 years. In the last year of 2022 the Florida housing market has grown by 33.1%. In this case developers are buying land parcels and building new construction homes creating new communities. Many smaller…
Read MoreAnother Restaurant Closes Due To Covid19
In Palm Beach County The Grand Lux Café, a 15-year fixture at the Town Center mall in Boca Raton, will close at the end of January. A parent-company representative informed city officials and Florida’s Department of Economic Opportunity (DEO) in a Nov. 23 letter. The closing, which is expected on Jan. 31, 2022 is very…
Read MoreDifferences Between Estate Sale and Auctions
ESTATE SALE: Are a good way to sell your personal property of a loved one who has recently passed away. It is a hard decision figuring out what to do next. Now you are faced with should I call an Auctioneer or Estate Sales Liquidator. Sometimes it is the same company with different choices to…
Read More10 Reasons You Should Consider Auctioning Your Assets
1. When the bills come in faster than you can pay them, such as rent, salaries, vendor invoices, electric, miscellaneous 2. Inadequate finances, not having the cash flow and running the bank account dry 3. Change in the market during and after the Covid Pandemic, not having the same customer base as prior Covid 4.…
Read MoreAuction Services in St. Lucie County
Since the Covid Pandemic hit the US in 2020 and into 2021 small businesses have been healing its wounds. The Independent Restaurant Coalition says without financial help from the government, up to 85% of non-chain restaurants could permanently close. St. Lucie is hardly alone in feeling the impact of all this. But retail and restaurants…
Read MoreRestaurant Auction Specialists
With Over 30 Years of Experience in The Restaurant Equipment Industry, We Can Help. From Pizzerias to Fine Dining Restaurants, From Fast Food to Catering and That’s Not All. All Areas of Businesses Such as Party Rental, Warehouse Inventories, Gyms, Arcades, Large Construction Equipment and Home Estates Auctions. If You Are Retiring or Closing a…
Read MoreKnowing What You Are Bidding On
If you are new are attending auctions, make sure you understand what you are bidding on and how many items are in the lot. Make sure you understand that it is times the money or one lot of items you are bidding on. Many new bidders get caught up in bidding and fail to realize…
Read MoreSeller Settlement
Settlement – After the auction takes place, the seller will receive a copy of all transactions that took place, including a list of all registered bidders, all assets sold and their respective price, and the total amount sold. Auctionbid will remit funds less operational and marketing expenses for conducting the auction to the seller up…
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