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March 22, 2023

Auctioneers and Nonprofit Auctions: A Surefire Way to Raise More Money

Auctioneers and Nonprofit Auctions: A Surefire Way to Raise More Money

by Joseph Mast / Friday, 11 November 2022 / Published in Uncategorized

Introduction
If you’re thinking about fundraising through an auction, you’ve come to the right place. Mast Auctioneers has helped hundreds of organizations raise millions of dollars for their causes. And yet, some nonprofits think that volunteer-run auctions are the only way to raise money for charity. We’re here to tell you why having an expert auctioneer at your event will help boost the total dollars raised for your charity!

Fundraising auctions with professional consultants and auctioneers raise more money than auctions run by volunteers.

The most important factor in determining the success of a fundraising auction is how well you price your items. If you overprice your items and sell them for less than they’re worth, your organization won’t get as much money for them and fewer people will want to attend the event. On the other hand, if you underprice an item or sell it at its true value, then people will be happy with their purchases but not so happy that they will buy anything else!

This is where an experienced auction consultant comes into play. We can help you price each item so that you get the best possible return on investment while also attracting a crowd of buyers who have money to spend and are interested in bidding on new items.

In addition to pricing expertise, hiring a professional auctioneer also can help increase attendance rates because attendees know the auction will run smoothly and be enjoyable. Professional auctioneers are there to assure everything runs smoothly and efficiently without sacrificing quality (or customer service).

Work with your auctioneer to market your event effectively.
Marketing is not just about advertising. It’s about building a buzz, creating energy, and making the event memorable!

The team at Mast Auctioneers are experts in marketing. We know how to generate excitement for an event, so we can help you market your nonprofit auction with that same enthusiasm. When it comes to marketing, auctioneers have what it takes to make your auction a huge success: storytelling, enthusiasm, and expertise!

Make sure your auctioneer is an expert in nonprofit events.
If you’re thinking about hiring an auctioneer for your nonprofit event, you should make sure that they have experience in this area. Auctions can be tricky business, and it’s important to know how things will go down before the event starts.

Make sure that your auctioneer knows all of the rules of the game. They need to be familiar with what constitutes a bid (more than just saying “I bid $10!”), as well as how much time is left on each item up for bidding (and what happens if someone bids after time expires). Also remember that if someone bids out of turn or makes any other mistake during the bidding process, it may not count towards their final bid amount.

Conclusion
Professional auctioneers know how to interact with an audience and create excitement. They have the perfect combination of enthusiasm expertise that will help you raise more money for YOUR charity or nonprofit organization. So when it comes time to raise funds for your organization, remember this simple rule: don’t try and do it yourself! Contact us instead!

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