Shawn J Dostie, Auctioneer

09/16/2022

How I handle personal property auctions, at home

09/22/2021

An Auctioneer wanted to know how others calculate and report commissions vs expenses for their auctions. If there is one thing that I know, it is that Auctioneers rarely agree on anything. That said, I am going to share what 9 years of experience has taught me, and I know that there are those here, with vastly more experience, that will share how they do.
I remember a few years ago, I was involved in what was pitched as a 7 figure comic book auction. The deal was structured where the auctioneer would get a set commission rate from the gross sale, and from those proceeds, would pay all auction related expenses.
We had a great auction.... 6 figures.... But wait.... it was supposed to be 7 figures! The result of that auction was a seller that was not happy, and an auction company that was very unhappy. I don't know about you, but I didn't get into this business to lose money. It is for that reason, as well as transparency and consistency, that when I structure a deal, the expenses are clearly spelled out, contractually and separately, marketing is also separated, and at times, specified in a specific budget, then a commission is also out there.
I know that a lot of auctioneers will argue that my method is not simple, and that they roll everything into one rate.
While I understand that, I also know for a fact, that my way, I am not going to lose money. Hopefully, they know their asset well enough to avoid a bad day.
I am planning a series of Webinars, chats, and Zooms soon. What would you like to know about, and what would you like to see?

07/09/2021

https://conta.cc/3yIOyh6

06/17/2021

When it comes down to it, Auctioneers are marketers. I do most of my personal property online nowdays, but that does not mean that I am anti live. In fact, I love live, and am good at it, judging by other auctioneers that I work with. It is just, with the dynamics of the company I have developed, the online model is more efficient for me.
Regardless of how it is delivered, the auction industry is co-dependent upon 2 things, our clients ( sellers) to which we have a fiduciary obligation, and our buyers, to whom we owe honesty, transparency, and accuracy.
We sell a wide variety of assets (stuff). Land, everything on it, under it, over it, and the thoughts that make it possible (Intellectual rights). To do so, we must have the ability to get the right buyers to the right assets. So, you best find someone with a proven track record in the asset that you're selling, or conversely, an auctioneer that you know, has the expertise to target the right buyers and get them to a sale.
Case in point. I recently was retained to sell, at public online auction, a collection of Beatles Albums. 900 of them. I am not/was not an expert in Beatles memorabilia. To be clear, I still am not an expert, but I know what a 2nd and 3rd state Butcher cover is, and how to spot an authentic one. That said, I was hired, via referral, because I know how to target the right buyers, using online advertising, targeting, and funnels, that I was able to get 224 registered bidders that pushed the sale to 130% of my sellers expectations.
There are many auctioneers, Nationwide, that I consider not only colleagues, but friends, specialists in a large variety of asset classes.
It is said that anyone can run an online auction. That is true, as well as a live one. However, it takes experience and a level of professionalism, to conduct one well. I chose the word conduct, because, being a musician.... conducting resonates with me, to the point of bringing sections together in a climactic crescendo that can leave the audience, the auctioneer, and the sellers, breathless at the end.

Shawn J Dostie, Auctioneer/Realtor, CAI
Gryphon Realty
UBidNWin
740.502.1017

05/26/2021

05/26/2021

Linking Social Media together. What a concept!

05/10/2021

Online Real Estate Auction
45319 US 36, Coshocton, Ohio
3 BR, 2 BA, .4591 Ac.
Wednesday June 2, 2021 6 pm
To Register and Bid: UBidNWin.hibid.com/auctions

Preview- Sunday May 16 1pm-6pm

Gryphon Realty
Shawn J Dostie, Auctioneer, CAI
Richard F Kruse, Auctioneer

01/01/2021

In Ohio, an Auctioneer goes through classwork, then apprentices, and must have a real estate agent or broker license to sell real estate at auction. Additional educational certifications are AARE and CAI.
A conventional real estate agent/Realtor must have a real estate license, or brokers license to sell real estate conventionally.
Why not consider the extra education, and a clear explanation, and the probability of success, that an auctioneer can give you, choosing your level of security, when contemplating or planning the sale of your biggest investment in life, your land?

01/01/2021

In Ohio, an Auctioneer must be licensed, apprentice under a more experienced auctioneer, and be a licensed real estate agent or broker, in order to sell real estate at auction. Here is just a little insight.

Shawn J Dostie, Auctioneer/Realtor, CAI
Gryphon Realty
740.502.1017

05/21/2020

I am pleased to announce that I have been asked and have accepted a position with Gryphon Realty. Gryphon Realty is the real estate arm of Gryphion USA, with whom I have been associated with since 2012, when I first became an auctioneer.

We have worked on deals together such as Veteran's Memorial, and ECOT in Columbus, Ohio Valley Trading Post in Lancaster, Athens, Chillicothe, and Parkersburg, as well as projects from Steubenville, to Dayton, to Bridgeport Ohio, Weirton WV, as well ad dozens of smaller projects.

Rich Kruse, Melissa Murray Kruse, and I have conducted many live and online auctions together, and I am proud and humbled to be asked to join their organization.

I look forward to furthering my education with them, and using my experiences to extend their brand and excellence to Southeastern Ohio.

Gryphon Realty, and Gryphon USA- Real Estate, Appraisals, Auctions.

Thank you,

Shawn J Dostie, Auctioneer, Real Estate Agent, CAI

Gryphon Realty

GryphonUSA

UBidNWin

04/28/2020

Survive and Thrive during Covid19 and Post Covid

Rural, Urban, Urbane- Resources that you can use today. Comparing, contrasting, and discussing strategies to conduct auctions now, with a focus on online only and virtual auctions, with a question answer period.

With Moderator Billy Hagan

Featuring panelists Brigitte Kruse - Urbane, with a resume that includes sale of Royal Assets, Elvis memorabilia, you know, your typical Beverly Hills Auctioneer

Richard F Kruse- Urban, with a resume including millions of dollars in real estate, business and residential personal property, your lenders and lawyers guy

Shawn Dostie- Rural, that has a resume that includes millions of dollars in rural real estate/land and millions in personal property.

Together, we will explore the harsh reality of todays landscape, and how to survive and thrive using any number of resources. Included will be discussions on Auction Flex, Hibid, Bid Wrangler, Live Auctioneers, Auction Zip, ProAuctionring, and we can explore how you can get it fast, and in some cases, with little out of pocket expense.`

You are invited to a Zoom meeting.
When: Apr 29, 2020 03:00 PM Eastern Time (US and Canada)

Register in advance for this meeting:
https://us02web.zoom.us/meeting/register/tZ0pce-uqjgoHdAEL65nmKtw5skDRHqWNCOH

After registering, you will receive a confirmation email containing information about joining the meeting.