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Estate Sales & Auctions w/ Patrick Soucy
Manage episode 403312043 series 3127085
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In this episode I interview Patrick Soucy - Owner of Golden Gavel Auctions - a full-service auction company located in East Windsor, CT.
Golden Gavel holds weekly auctions every Thursday. Preview starts at 2 PM, the early bird auction starts at 5:30 PM and the main auction starts at 7 PM. Auctions are open to the public and everyone is welcome
to attend. There is no cost to get in or to sign up for a bidding number!
Question List:
- Can you set a minimum or a reserve bid on the item so that it does not sell for less than the consignor wants?
- How many people come to the auction every week?
- What is an absentee bid?
- How long does it take to empty a house?
- How soon do items go to the auction after they have been picked up?
- When do people get paid for the items they sell?
- How many items do you sell in a night?
- What makes a lot?
- How many trucks do you have?
- How many employees do you have?
- Do you require a license to do auctions?
- Can you sell guns?
- What is hot in today’s market?
- Do you find the younger generations collecting anything?
- Are people selling stuff at auction that are downsizing?
- Do you find that most people like the five steps that you have set up to deal with the estate and houses?
- How did you get started in this business?
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