How do auctions work?

Auctions are fast, efficient and transparent. Serious bidders are brought together to compete for the merchandise so you are assured fair market value. You and the auctioneer determine the day and everything will be sold and removed. It is a timehonored process that is hassle free. Our staff is prepared to serve you. Auctions can be held at your site or at our convenient Auction Portal where material is sold online Accurate Auctioneers pledges to provide knowledge, experience and expertise to all their customers.

Our Services Explained

Manual Auction

An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid. An auctioneer may announce prices, bidders may call out their bids themselves

Manual Tender

Also known as a first-price sealed-bid auction (FPSB). In this type of auction all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price they submitted.

E-auction and E-tender

Both the procedures are same but the auctions are conducted online where bids are submitted in a very anonymous way i.e. no bidder know about who is bidding

Every thing is “Done Online”

Webcast Auction

We are the first auction company to introduce webcast auction in India

In webcast auction both Manual and Electronic Platforms have been merged,. Every auction will be done live on internet and person can participate in any form

Reverse Auction

Is also known as an open descending price auction, where bidders participate and the bids keep on decreasing.

This auction is used for buying of objects, machinery or hiring for services

On-site Auctions held at your location

Please call our office for an appointment.. We can then determine the best way to proceed with your auction. We begin by analysing your needs and help you decide if an auction is appropriate and whether the auction would be best conducted onsite or on our portal.

Holding an on-site auction depends on quantity and quality of merchandise, the location, parking and other aspects of the site. We would be happy to determine what would work best for you. We are fully equipped with our mobile Office, portable sound & clerking systems, etc.

We work on a very competitive commission basis, we can determine the cost to conduct your auction.

We will strive to get the most money we can for your items.