Mailing of your payment checks.
By Christopher Morabito, J.D. | August 3, 2008
Mailing of Checks
If you rather not wait for the check, every auction I have ever been to automatically mails it out to you the next day via regular mail unless otherwise specified. Other specifications include, but are not limited to:
1. Putting a hold on your mail so that checks will not be mailed and, therefore, you or your employee can pick the check up the very next morning which, in most cases, cash flow wise accomplishes the same as if you stayed and waited for the checks the night before. The only time you may not want to do this is if the auction is very far away.
2. Pre-arranging with the auction to send you the checks via an overnight carrier, therefore, you will have the checks available to deposit two days after the auction.
Once you start your business, open an account with any overnight carrier. It is very easy to do. Just pick up the telephone and give your business name and address to an overnight carrier’s representative and the company will assign you an account number and then quickly send you a whole package of pre-printed forms with all your company’s information on them.
The company will simply bill you when you send a package and you can give the auction your account number so that they may forward any titles or checks to your and then the carrier will bill your company.
Topics: sell at auctions |
