Bill Caller, Crye-Leike Commercial’s first principal auctioneer, is holding his first auction on St. Patrick’s Day, March 17 at 10 a.m.
But it’s not the luck of the Irish Caller is banking on. In his experience in the industry, Thursdays are the best days for the buyer’s turnout.
“Mondays everybody’s just coming back and they’re swamped, Friday’s everybody’s got their mind on the weekend, going out of town, doing personal things,” Caller said. “Thursdays just always seem to be a day where people are willing to get out and to come to an auction. Thursdays have always worked for me in the past, I’m just really going with my gut.”
Meanwhile, multi-family auction sales are often set for Saturdays. Because usually set auction days 45-60 days prior to the official date, you can’t predict the weather.
“Getting them to the auction is half the battle,” Caller said. “You want to make it as convenient and accessibly as possible and you don’t want to do anything to hinder attendance.”
Jeff Morris of Morris Auction Group LLC recently held its highly-publicized Memphis Motorsports Park auction on a Tuesday.
“Tuesday’s not a bad day – sometime during the week where people are focused and at work,” Caller said.
To learn more about Caller’s first auction sale, check out Tuesday’s edition of The Daily News.