Wednesday, June 4, 2014
When Ken died I took the responsibility of caring for the things he left behind. I did not expect that it entails so many activities. That dealing with the practical matters regarding the estate can be very overwhelming.
But I won't bore you with the tedious legal process. I will instead talk about the excitement of the auction event I just had.
“Well Jedd, I do need to sell this shop, and everything in it. Tell me you can help me.”
I was talking to my auctioneer Jedd Dulas while standing in the middle of the shop looking at all the stuff that Ken had accumulated over the years. Tools hanging from wall to wall and equipment that covered every space of the floor. Ken do not only own many tools, he has three or more of the same item. There are items still in original boxes, and many still with price tags on them.
“An auction of this property and the items here will draw a good crowd, get you good prices and I can get this behind you so you can worry about other things.”
That's the reply I wanted to hear and I believed him.
Mick and Mike thought that auctioning off our property and everything in it will prove to be both convenient and successful. Besides, in a competitive buying environment, they believe that selling by auction is the best way to achieve true market value for our property.
And they are correct. As always.
I have never been to an auction event before so I don't know what to expect. But knowing that I am letting go of things that Ken had worked hard to own over the years made me emotional. So it is an under statement if I say I was feeling giddy and nervous the morning of the auction day. I was glad though that Mick, Mike, Pat and Jim were there to support me, and my son Cedric made sure he captured the excitement of the moment.
There isn't anything more exciting than watching a bidding war take place over our stuff. Like any typical estate auction, there are equipment, tools, construction materials, furniture, electrical items, firearms, vehicles, property … all sorts of things.
Looking around the crowd, I think that most bidders came to buy fairly specific items. There are those who came merely for construction items and tools, while there are those who came for the vehicles and still those who just want firearms and still others who came solely to bid for the shop.
Jedd started from the items on the trailers and worked his way to the bigger ones and concluded with the firearms. He stood in front of a crowd of bidders and recited the bid he has, and the bid he wanted in a rapid fashion. Items were sold in as little as 15 seconds … typically concluded with the word, “Sold!” I was mystified by the fast-talking and repetitive numbers bellowing through the air as the mood built up. I could not keep up with numbers. It was so fast I could not even make out where he was at, by the time "sold" was called. Maybe that's just the way it should be so he can keep the bidders attention and get them emotionally involve. The fast rhythm seems to suggests an urgency, and sends out a message that one need to make a decision quick.
And quickly they responded, hence despite the massive number of items to sell, it was over by three in the afternoon. I was pleased by how my auction turned out. Everything was sold and I know those things will be put to good use by those who have bought them.
Now that is over, I can start worrying on other things...