The Live Auction Industry
In 2008, the “live” auction industry sold over $268 billion in goods and services.
Consumers are willing to travel 1.3 hours to attend an auction and 75% of them bring their whole family to the sale.
Automobile auctions are the largest segment of the auction industry with over $83 billion in vehicles sold in 2008.
97% of attendees feel auctions are fun and 83% feel auctions are a way to get good values on items.
More and more consumers are turning to auctions as their marketplace of choice. Buying a car? Real Estate? Fine Art? An auction is where you will find these great deals and much, much more.