Letter to the Editor: Auctioneers, Auction Houses Painted in Bad Light

Posted

In your article posted Friday, Feb. 25, 2022, titled, “Centralia Police Department to Sell Seized And Unclaimed Property Online,” the reporter left your readers with an inaccurate picture of the nature of the modern auction house — and auctioneers. In the article, the reporter stated, “instead of brick-and-mortar auction houses that can use less than transparent means to hawk the goods.”

This statement is untrue and not supported by the evidence. Auctioneers and auction houses across the state of Washington and around North America offer both chattel property and real estate every day in a method that is fast, fun and transparent. Local auctioneers are just that — local. Any modern auction house would offer the unclaimed items of the Centralia Police Department both locally and nationally. Most auction houses offer both live and online auction solutions, a breadth which delivers the best chance at achieving true market value. And, since these auction houses are local and members of the community, they will work with those who might have limited or no online access, or have difficulty with the bidding process.

Finally, the reporter quoted Chief Stacy Denham as describing eBay as an “unbiased” marketplace. eBay is not, by any definition, a true auction. The countdown timer, in fact, favors those with snipping tools and does not allow bidders to defend their prior high bids once time has expired. The vast majority of auctioneers and auction houses who offer online auctions utilize modern online auction software that allows for the bidding to be extended and for everyone to participate, not just those with fast internet connections. A live or simulcast auction will allow bidders without online access, or who prefer bidding in person, the best of both options.

We invite you and your readers to further engage with us on how auctions work every day for sellers and buyers in Washington state and beyond by visiting www.HowAuctionsWork.com.



Sincerely,

 

Beth Rose, CAI, AARE, AMM

President of the National Auctioneers Association