Why have a Public Sale rather than Private??
Simple..
· It is the most logical.
· It is the surest method.
· It sells at the time desired.
· It is the quickest method.
· It is the most convenient.
· The highest price can be secured.
· It gives the auction individuality.
· It stimulates competition.
· Auction advertising is more effective.
· It is the fairest method.
· It puts bidders in a positive frame of mind.
· It creates an atmosphere favorable to action.
· It brings buyers to a moment of decision.
· It is the most fascinating way.
· It raises the price little by little.
· It is natural to want what others desire.
· It gives all an equal chance.
· Bids are influenced by the judgment of others.
· It may bring more than the asking price.
· Judgment of public controls price.
· Price is made by more than one.
· Offers are secured easier on spur of moment.
· Public intelligence is the best guarantee.
· Bidders prepare for action.
· Seller prepares for action.
· It makes good conditions for closing.
· It arouses enthusiasms.
· It is the better grade of salesmanship.
· Bidders appreciate using their own judgment.
· Excuses are easier overcome.
· Hospitality and sociability create interest.
· The owner sets no price ceiling.
· It is the most economical way.
· Risk is reduced to a minimum.
· It is most efficient.
· It is the modern method of marketing.
It creates the sporting sprit.