Roadmap for Consigning Property At AuctionRoadmap for Consigning Property At Auction

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If you’ve never transacted with an auction house, it may seem intimidating, but it doesn’t have to be, and with the rise in online sales and more kinds of property sold (from sneakers to handbags) at auction, auctions are more accessible than ever. 

Auction houses are open to the public and often exhibit property to be sold at auction, as well as property that’s part of a private selling exhibition. Visiting auction houses, and even watching live auctions, which are free to the public, is a great way to become acquainted with the process and auction house culture.¹

Fiduciaries, whether professionals such as attorneys, accountants or wealth managers, or family members or fri...