Frag Auction will open at 10:30 am

[glaspie69]

The doors will be open at 10:30 for those who are bringing things to sell. If you'd like to get things set up feel free to come early.

A few auction notes:

Cash will be the payment method, not to say everyone is not trust worthy, we just don't need the hassle if a check is bad. You will be able to pay at the end of the auction, you'll pay the entire amount owed and the club will pay the sellers.

I would like to make sure that everyone is clear on the rules of the auction.

If your NOT a MEMBER you CAN NOT SELL. You may BUY though

Members can sell as much of an item and as maybe items as they would like, wet or dry.

Once the auction starts buyers may place as many bids as they like, when the auction time is up there will be ABSOLUTELY NO bids taken. If you are seen placing a bid after the time is up your bid will be removed and the item will be sold to the top bidder.

Please remember this is a club event lets keep things polite and curtious.

Also please remember this is a club auction and as in the past the club will receive 50% of all sales

Thanks to everyone who helped put this event together, also thanks to the buyers and sellers for buying and bringing the auction items.

 

[musty baby]

Was it a different event that there was talk of 20% taking for the event? For some reason I had that number in my head.

 

[got2lb]

What time is the actual auction going to start?

 

[ipiniowa]

How long will the bidding last?

 

[Bullet]

What time does the bidding start?

 

[glaspie69]

The bidding will start at noon,

The individual bidding times will last around 20 minutes, theres really no way of telling how long the bidding will last for the overall auction, that depends on the number of items people bring.

The auction last year was 20%, it was the first time we did it like that, after that auction it was decided that if these events are to continue the 50% should remain.

 

[Bullet]

<a href=showthread.php?s=&postid=9776698#post9776698 target=_blank>Originally posted</a> by glaspie69

The individual bidding times will last around 20 minutes, theres really no way of telling how long the bidding will last for the overall auction, that depends on the number of items people bring.

So we will only be biding on one coral at a time?...for 20 minutes each?

 

[glaspie69]

nope, depending on how many sellers there are, the tables will be spilt up into groups of 3 or 4. Those 3 or 4 tables will sell for 20 minutes followed by a few live auction items, then 3 or 4 more tables. This is the easiest way I could think of to lower the amount of items buyers had to keep an eye on and still be able to keep the length of the auction a reasonable length.

Reasons for this being that several people had mentioned that people were placing bids on items after the bidding had ended and several people were running around last auction trying to watch like 10 items. Figured this would be an easier way.....but as we all know most of my figuring usually never makes sense

 

[leeweber85]

So what's the cut off time for seller registration? I don't think I can make it as early as 10:30.

 

[Duke13]

overanalyzer, I've got that 20 Gal for you and I'll be home for most of the day. Get a hold of Glaspie, he has my phone #. Also, your PM box is full.

I live very close to the Elk Run city hall.

 

[glaspie69]

well the auction will start at noon, i'm sure there will be time to set up after it starts. But as close to noon as possible would be great

 

[musty baby]

<a href=showthread.php?s=&postid=9776698#post9776698 target=_blank>Originally posted</a> by glaspie69
The auction last year was 20%, it was the first time we did it like that, after that auction it was decided that if these events are to continue the 50% should remain.

I hadn't seen any mention of the % to the club for this auction, so my fault for assuming it to be what I last knew it was. Not to look like a moneygrubbing *******, but this stuff is to be extra money for our interstate move next month, and I can't justify giving half of it all + membership fee + getting there to the club when I will be physically unable to take part in any of the club activities. I also have an opportunity to get some extra hours in tomorrow and think I'll have to take it. Hope everyone can understand.

 

[tibbs2]

Not to look like a moneygrubbing *******, but this stuff is to be extra money for our interstate move next month, and I can't justify giving half of it all + membership fee + getting there to the club when I will be physically unable to take part in any of the club activities.

What interstate move?

 

[Ball]

I think 50% is a tad high. Just my opinion.

 

[overanalyzer]

<a href=showthread.php?s=&postid=9777541#post9777541 target=_blank>Originally posted</a> by Duke13
overanalyzer, I've got that 20 Gal for you and I'll be home for most of the day. Get a hold of Glaspie, he has my phone #. Also, your PM box is full.

I live very close to the Elk Run city hall.

SORRY!!! PM sent!

 

[musty baby]

<a href=showthread.php?s=&postid=9800581#post9800581 target=_blank>Originally posted</a> by tibbs2
What interstate move?

Heh, I'd be tickled to know myself! Lease runs out in 4 weeks, planning on going somewhere.

<a href=showthread.php?s=&postid=9801414#post9801414 target=_blank>Originally posted</a> by Ball
I think 50% is a tad high. Just my opinion.

2nded.

 

[glaspie69]

<a href=showthread.php?s=&postid=9801414#post9801414 target=_blank>Originally posted</a> by Ball
I think 50% is a tad high. Just my opinion.

We're sorry you feel that way, it's sadly something thats needs to stay in place. This club is run by memberships and frag auctions. For several years members have opted for bigger and better club meetings, activities, and speakers. With these larger events the need for more money arises, buildings need to be rented, materials purchased, speakers fees paid for. Right now I see no way to lower the 50%, the board currently has enough things going on, finding new ways to create money isn't in the plans this year. Sadly the auctions are our major funding for the year, if we decrease the 50% we would have to raise the cost of year memberships, I'm sure that would displease alot of people. If anyone has any ideas for making money for the club please feel free to share them but, in making suggestions please remember to have a "plan of attack". As ideas are easy to type, actually being able to make something possible is sometimes much harder.
We have found the out the hard way in club meeting attendance, several people want large speakers and huge frag auctions, those are sadly the people who hardly ever attend the meetings or auctions. The club can't afford to get a large name speaker thats upwards of two thousand dollars and have 20 people show up, hopfully sometime in the near future the attendance numbers will go up and we'll be able to get larger named speakers.Thanks J

 

[Bullet]

How much more did you make at this auction at 50% verses the last one at 20%?

 

[glaspie69]

<a href=showthread.php?s=&postid=9804467#post9804467 target=_blank>Originally posted</a> by Bullet
How much more did you make at this auction at 50% verses the last one at 20%?

I'm not sure as I don't have the info from the 20% auction. The only bad thing about lowering the percentage to the club is if the attendence is low the club makes even less than it would have. With the costs of building rental, local meetings and speaker fees I'm not sure the club can take the chance of loosing any of the auction funds. The fall auction will actually be more like a huge garage sale, sellers will pay a one time table rental fee and sell whatever with no percentage taken out. Buyers will pay an entry fee at the door. Hopfully this will help to increase the numbers of people in attendance. Also with this event a few of the neighboring clubs are planning to attend so that might be something to look forward to.

P.S. if you have the info from the 20% auction please e-mail it to me, I'd like to look over the numbers and see if lowering the percentage could be worked in.

 

[Bullet]

My only thought was that you might be able to get a few more sellers. If those sellers get excited and get the pre-auction excitement going you will attract more buyers. More sellers...more buyers....more money for the club.

20% of something is better than 50% of nothing.