How To Bid Online

Many of our auctions have online bidding either with the whole sale, or with certain select items. Biding online is a great alternative way to bid when you are unable to attend an auction. Let's walk through, from begining to end, how to bid online 

Creating an Account

First you will need to create an account. From the Bid Online tab on our website, Click the Create Account link in the top right hand corner.

 

 

 

You can use your Google or Facebook account to create your account by clicking the corresponding buttons. To create an account normally, fill out the information rquired. You’ll need a password, a username and an email. Once done click the box at the bottom of the screen, and a confirmation email will be sent to the email you provided. Click the link in the email to complete your account registration.

 

Registering To Bid

Once you have an account all set up, you’ll have to be approved to bid. You have to be approved for each new auction. 

 

 

Here you can see I am approved for the top auction, but not the others. To be approved to bid, just click "Get Approved to Bid" on the auction you are interested in.

 

 

Here you will need to add in your address, a phone number, and a credit card for your account. Once this is done, and as long as everything is in order, you’ll be approved and ready to bid.

 

Timed Bidding

Let’s go through how to place a bid and how bidding online works. First let’s start with Timed Bidding

In an auction with Timed Bidding, there will be no live auction, and the auction is set to end at a specific time, and bidders can bid up to that point. To make a bid on a timed auction, you just go the item you want to bid, and put in how much you would like the system to bid on your behalf. The system will bid accordingly for you based on the other bidders.

 

 

You can see that on this item here, there have already been a few bids, and the item is already at $50.

 

 

Let’s tell the system you are willing to pay up to $100. Remember, this means the system will bid on your behalf up to $100. This will be done by the increments set on the auction.

 

 

Now you are winning the bid at $75. This means the other bidder only set his bid to go as high as $70, and so was outbid by you. Other bidders will only see that the bid is currently at $75 not that you set your bid to go up to $100. The bidder we outbid will receive an email telling them they were outbid. If we were close to the end of this auction, more time would be added to give the other bidder a chance to respond. Once the auction is finished, the winning bidder would be contacted, and arrangements made for payment, and pickup or shipping of the item.

 

Live Bidding

To make a bid on one of our Live online auctions, there are two ways to make a bid, absentee, and live. Let’s start with absentee.

An absentee bid in a live auction, works similar to a bid at a timed auction.  To make a bid you just go the item we want to bid, and put in how much we would like the system to bid on our behalf. The system will bid accordingly for you based on the other bidders.

 

 

You can see that on this item here, there have already been a few absentee bids, and the item is already at $50. You can learn more information about the auction such as applicable fees, the location of the auction, how shipping and handling is handled, what the increments are, and if there is a buyers premium.


 

Let’s tell the system you are willing to pay up to $100. Remember, this means the system will bid on your behalf up to $100. This will be done by the increments set on the auction.

 

 

Now you are winning the bid at $75, and willing to go as high as $100. This means the other bidder only set his bid to go as high as $70, and so was outbid by you. Other bidders will only see that the bid is currently at $75 not that you set your bid to go up to $100. The bidder we outbid will receive an email telling them they were outbid. This can be done right up to an hour before the live auction begins.

When the live auction begins, you will see the "Get Approved To Bid" Button change to bright red and saying that live bidding Is available.

 

 

You just click in, and as long as you are approved to bid, you will be brought to this screen.

 

 

Here you can communicate with the online coordinator running the live online auction, and prepare to bid. You will hear the auctioneer just like you are at the auction in person. If you have made an absentee bid, you can still bid online.

To bid online, just click the button to place the bid. The online coordinator will either confirm or decline the bid. If the auctioneer has already taken a bid on the floor, or if the item has sold, the bid would be declined, otherwise the coordinator will accept the bid, and the auctioneer will look for a higher bid.

Each item will begin at the point left off on the absentee bidding. Let’s take our example from before. We would be starting at $75, with that absentee bidder willing to go up to $100.

 

 

The auctioneer would begin looking for $80. If he gets a bid for 80 either from another bidder live online or from the crowd, he would then start looking for $85. The system would immediately bid on the online bidders behalf for $85, the online coordinator would accept the bid, and the auctioneer would start looking for $90

 



when bidding online, it can be tempting to hold off on a bid and wait. This is not recommended. Because there can be a lag between the bidder placing the bid, the online coordinator receiving the bid, and then calling and accepting the bid. Trying to snipe an item can lead to your bid being missed. Instead, it’s recommended to get your bid sent off as soon as you can to make sure it is taken. Let's say in our example, the auctioneer gets a $90 bid from the crowd, the system bids you at $95, and the auctioneer gets a bid for $100. Since you only told the system to go up to $100, the system would stop bidding for you, even though the bid is at the max you put in. You could still bid live however.

 

 

Once the auction is over, online bidder will be contacted shortly after either the same day or the following day to coordinate payment and pickup or shipping.

If the winning bidder would like there item shipped, we would present them with some different ways to have the items shipped out, dependant on where the auction is, and where the winning bidder is. The item would be packaged and shipped out. The winning bidder is responsible for these costs, which are not marked up by us.

If you have any questions, Please call us at (306)975-9054 or email us at actionbyauction@gmail.com