2B Auctions getting things sold

“Everything we touch turns to SOLD.” That is the motto for new auction house 2B Auctions and after a successful first weekend, owners and brothers Jayson King and Bradd VanCannon are confident it perfectly fits their business.

King and VanCannon have been in the auction business for more than a year, but have never called the shots themselves. After parting ways with a former business associate, the brothers decided to go out on their own and so far, have not been disappointed.

To start their business, about four months ago the brothers purchased the former Pet Kingdom building, 102 E. 12th St. N. and began work to refurbish it for their needs. Three months later 2B held its first auction in-house to a standing room only crowd.

“It went really well. We filled every seat and then some. We had a really great turn out,” King said.

As far as what sits on the tables for sale, King said they have just about everything. From tools and electronics to dishes and collectibles, if there is an item someone is searching for, there is a good change 2B has it.

“We pretty much do about everything. Not only do we auction but we buy, we sell, we trade, we barter. We deal a lot in tools and collectibles, antiques, household items, we run across a variety of things,” King said.

He said they collect items from estate auctions but the majority of the goods come from an area that has inspired its own reality television genre — storage units.

“Probably most of our items come from storage units that go delinquent. We buy pretty much all of the storage units in Jasper County,” King said.

2B will also sell items on commission from anyone wanting or needing to get rid of a few things around the house. To sell on commission, 2B charges a 30 percent commission rate. The money collected goes toward the sale of the item along with advertising costs.

“If it is a bigger item, we pre-negotiate, like a $5,000 car. We can negotiate on the bigger items the commission rate, but everything else is pretty standard at 30 percent,” King said.

Going forward, the brothers plan on holding auctions twice a month on the first Saturday and on the Saturday nearest the 15th. All sales start at noon with food and drinks available to purchase.

“Last year, when we were doing them weekly, it got to be a big rush to fill the tables, and we got to where we didn’t get the best quality stuff on the tables. My brother and I discussed that, and we decided we would rather have quality merchandise that people would have a use for,” King said.

Parking is available at their location as well as across the street in the parking lot of El Sombrero and Goodwill.

King and his brother are excited about their new business venture and hope to keep growing it to estate auctions and more.

“It’s something I got into and enjoy doing and make money at it. I have a really good following of people who like to come to my auctions because I am a goofball,” King said. “It’s a fun time.”

Contact Jamee A. Pierson at
641-792-3121 ext. 6534 or
jpierson@newtondailynews.com