Note to auction houses

[sb1]

Originally Posted by swarmee

I would think March/April tax refund season would be the most fruitful.

Except that most of the self employed and individuals operating as LP's/LLC's/S-Corps etc. are paying taxes at that time, not getting refunds.

However as Jeff stated, any time is usually fine, the bidders that win the majority of the lots in auctions, large to small are liquid and prepared to buy at any time of the year or can quickly raise capital if needed.

[Runscott]

Originally Posted by sb1

However as Jeff stated, any time is usually fine, the bidders that win the majority of the lots in auctions, large to small are liquid and prepared to buy at any time of the year or can quickly raise capital if needed.

Well-stated Scott. A lot of people don't really get that. If you only buy and sell high-dollar stuff, you can buy and sell any time of the year, any state of the economy.

[Leon]

I would like to hear the rebuttal to the reasoning that if there are less auctions closing there will be more focused eyes on it/them? If one is ending every other day then there is less focus. At least that is the way my brain works. I was actually looking for things to bid on a few weeks ago and there weren't many that were closing ie..instant gratification. We all have our own views....

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