Weekly Market Day Auction
Christy’s of Indiana conducts weekly public auctions, referred to as Market Day. Each Wednesday beginning at 9 a.m. at our gallery, six auction rings sell various items such as antiques, glassware, art, new and used furniture, tools, surplus, box lots, store returns, jewelry, TV's, electronics, guns, coins, farm and fleet, etc.
Real Estate
Christy’s of Indiana, Realty division is a full service Real Estate Company.
- Real estate is marketed to obtain the highest value.
- An individual analysis is conducted to determine if a private listing or a real estate auction will be the most beneficial for the seller.
- A comparative market analysis is conducted to establish value in a targeted area.
- A seller may also want to provide a home owner’s warranty to better market their home.
Christy’s Realty employs real estate brokers who will obtain all state-required disclosures, placement of signage and advertising, order preliminary title search to assure clean transfer of title, conduct showings and open houses, execute purchase agreement and other required documents, coordinate and assist with closing procedures.
Reserve Auction
Property sells with the owner’s confirmation. The minimum or reserve amount is not disclosed to the public. When the bidding is exhausted, the auctioneer will take a short recess to discuss confirmation with the seller.
Absolute Auction
Property is sold to the highest bidder, regardless of price. This is an excellent marketing tool in selling property. There are many advantages to selling your home by auction:
- Eliminates long term expenses, such as taxes, maintenance and insurance.
- The competition of live bidding will realize the property’s true market value.
- Asking price is eliminated to avoid overpricing property. Overpricing may create little or no interest in the property and will eventually sell for less than the property is worth.
- Fast sale of property versus months or years of waiting to sell through traditional listing.
- Auction forum creates motivated buyers to act quickly, creating a sense of urgency.
- Cash transactions may close within one week after auction.
- Marketing is targeted to seller’s property, not multiple listings.
- Property sells AS-IS, therefore, no negotiations on repairs or inspections.
- Conditions of sale are given prior to the auction allowing no negotiation on terms or no contingencies from potential buyers during auction.
- Buyer’s Premium helps offset seller’s cost of selling home.
Broker Participation
Christy’s Realty encourages all real estate agents to participate in the auction process. We offer compensation to agents whom represent a buyer in the transaction. Christy’s Realty also co-ops with other agents from different offices to assist with their real estate auction needs.
Online Auctions
Christy's conducts many online auctions from small estates to large business liquidations.
There are 3 types of online auction that Christy's conducts:
Online Only Auctions
The bidding is taken online with a set closing time. Most online auctions have a staggered lot closing meaning that lots close in order with a set time between each lot.
Absentee Bidding
An online auction where the bids placed online will be brought to the live auction as an absentee bid. This auction usually closes before the live auction begins.
Simulcast or a Live/Online Auction
An online auction that takes place during a live auction with an online operator relaying the bids to the auctioneer. These auctions are a cataloged auction and usually follow the lots in order.
Benefit Auctions
Christy’s of Indiana has three certified Benefit Auctioneers on staff to serve your needs. Christy’s of Indiana, Inc. utilizes computer auction services for your fund-raising event. A professional, live auctioneer will perform the live auction service, bidding frenzy and a fund the need. Our goal is to haveyour event run smoothly and successful financially. Christy’s benefit auction team assists many organizations throughout the year. We love helping our community organizations obtain every dollar possible.
How does Christy’s work?
We conduct an auction every Wednesday starting at 9 am selling in 6 auction rings from 4 buildings.
We work in a couple of different ways. You can bring your items to us or we can pick them up. The difference for you is in the commission rates that you are charged. The most economical is to bring the good to us where we have men to help you unload.
- If you bring your items to us we will charge a small commission fee plus a lot charge. A “lot” means every time the auctioneer says SOLD. Sometimes they are selling a whole bedroom set and sometimes they will be selling just one couch. Whatever they are selling is considered a “lot.”
- We also offer pick up service. When we come to pick up your items the commission’s scale works much differently. There is a small truck charge in the Marion County area, outside our county the truck charge will be more, and the commission rate is based on a sliding fee scale. The scale is dependent on the total dollar amount that your items bring. The more you sell, the better your commission rate. The other charge that you may incur is if you want us to pack the small items. We will charge per box that we pack. However you can supply good durable boxes and the tape for our crew at your expense.
- Everything is sold to the highest bidder. There are NO reserve prices or set prices.
How much does it cost to sell a vehicle?
The cost to sell a vehicle is a flat fee, charged whether you sell your vehicle or NOT. You can put a reserve price on the vehicle. We must have title (IN YOUR NAME) and keys to the vehicle before the auction.
How do we receive payment?
Checks are ready one week after your items are auctioned. You can pick up your check on Tuesday or Wednesday (one week after your auction) or we will put your check in the mail on Wednesday evening.
ITEMS CHRISTY’S MAY NOT TAKE: upright pianos, home model electric organs (except Hammond Model A, B & C Series), most floor model stereos (not all), remodeling /construction pull outs, upholstered furniture that is soiled, worn, torn, used mattress sets, drop side baby cribs, baby car seats, older child restraint items, protected animal items, alcohol, medicines, assorted chemicals and chemical products, older computers/printers/monitors, general type clothing and shoes, older model tv’s, large desks and older office machines, water beds, and older model exercise equipment.
Types of items that are underperforming: pianos, large oversize furniture items, entertainment armoires, lighting (contemporary lamps, ceiling fixtures) but antique lighting is ok, rugs/carpets (antique carpets are ok), American Furniture from the 1970’s, 1980’s, items that show neglect, damage, wear or in need of repair, garage sale leftovers, desks and particle board furniture, exercise equipment, any other items deemed unsellable by our crew.
Turn of the Century Antique Furniture, Victorian, and Eastlake styles have fallen in popularity.
Popular categories: Mid Century Modern, Danish Modern, Asian Modern, 1960’s Pop/Mod/Kitsch, Arts and Crafts/Mission, Industrial, High Style Contemporary/Designer Items.
ITEMS THAT ARE MOVED AT SELLERS EXPENSE: Pool Tables and Grand Pianos
We do offer a complete appraisal service, estates, divorce and bankruptcies.
We advertise in the Indianapolis Star each Sunday, also we advertise in the Antique weekly, Daily Journal. We are connected with many web sites such as Christys.com, bidchristys.com, auctionzip.com, IAA and National Auctioneers web sites, Estatesales.net and many others. We have approx. 1200 to 1500 bidders that attend our auction weekly. Come join the fun and excitement at Christy’s Auction!
