The Importance of the Lot Description There is no doubt setting up an online auction is a lot of work. Historically, in a traditional live auction, catalog descriptions were not overly important; once at the auction site on the day of the sale buyers could simply look...
I recently attended a large sealed-bid sale in Minneapolis featuring equipment from 3M. The sale included an assortment of custom late-model manufacturing equipment. My goal was to purchase machinery for my personal resale. I spent five hours reviewing the equipment...