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in every auction situation you want to hire a professional benefit auctioneer, but what does it cost your organization?
A professional benefit auctioneer will raise more money for your organization while entertaining your guests. Presenting exciting, enthusiastic, and energetic bid-calling and presentations, a professional benefit auctioneer manages your event, entertains your supporters, and will raise the maximum revenues possible for your auction.
While hiring a professional auctioneer will always pay for itself with increased revenues, Auction Legacy offers the following compensation methods to hire a professional benefit auctioneer.
Option 1: The No Cost Option
Nationwide, many non-profit organizations, schools and churches prefer to use the standard Buyer’s Premium at auction. This is a set percentage added to the final bid and payed by the highest winning bidders. It is standard in the auction industry and your organization receives all the benefit of hiring a professional benefit auctioneer while paying nothing for the service.
Option 2: Flat Fee
In the case of larger and more experienced fundraising organizations a budget is pre-determined for their auction services. The flat rate is designed for those clients who budget annually for auction services and choose to pay for auction services internally. In many cases a graduated bonus system is implemented to motivate the auctioneer to push the events proceeds above previous records.
Option 3: Percentage of the Proceeds
Many smaller organizations who are new to fundraising auctions my choose to take a portion of their profit to compensate a professional benefit auctioneer. This option is perfect for organizations who have not previously utilized auctions or a professional auctioneer before and are not sure what revenues their event will produce. Utilizing a set percentage of the auction to compensate the auctioneer gives the organization the benefit of a professional auctioneer with no risk as the auctioneer is only paid on results.