Sale by Outright Purchase or Private Treaty
In addition to accepting items on consignment for future auctions, ODeas Auction Room is also prepared to purchase items on an outright basis.
This quick settlement can be appropriate for certain clients. It provides an instant cash return and minimizes any risk, as an acceptable price is negotiated on the spot between ODeas Auction Room and the client.
ODeas Auction Room is indeed prepared to purchase individual lots or complete estates.
When it comes to the sale by Private Treaty, this reflects the fact that ODeas Auction Room is alert to the needs of its clients, and is in constant contact with buyers and collectors, many of whom have expressed keen interest in specific items. Buyers are readily available for important rarities. In this case sales can bypass the action process and O'Dea's Auction Room can sell the item privately, on behalf of the client.