Absentee Bidding
Bidding at our auctions is easy. When you bid for land online you should know your options and Absentee Bidding works well for many customers.
Absentee Bidding is a great option and enables you to leave an advance bid and not have to worry about actively participating in the live, on-line auction at just the right time.
When on the auction site and ready to bid on an item in advance, clients just need to:
- Choose Absentee Bidding
- Review the two options - for a Straight Bid or for a Max Bid
- A Straight Bid is for an exact amount (exactly $100 dollars)
- A Max Bid allows you to set the maximum amount you will pay for an item (up to, but not to exceed, $100 dollars)
- Advantages of the Max Bid
- Automatic - as others are bidding on the item, with a Max Bid, automatic, slightly higher bids will continually be placed (in your name) against the other bids, to keep you as "the winner"
- Fits the Client's Lifestyle - leaving a Max Bid is flexible, you don't have to worry about attending the "live" auction, but can still win the items of your choice.
- Can Save A Client Money - but this does not mean that it will automatically reach that maximum amount, instead, it will stop when there are no other higher bids. With a max bid, clients may end up winning the bid at 50% of their max, 75%, or 100%, all depending on the other competing bids.