Live auctions are physical auctions conducted at an onsite location with or without an onsite audience.
Can’t Wait For The Live Auction? Place A Pre-bid.
Buyers can place pre-bids on an individual item before it is up on the auction block. This is a convenience for bidders who don’t have time to watch the live auction. It’s simple to use. Just enter the maximum amount you are willing to pay for the item, and our dynamic “Auto Bid” feature will bid on your behalf up to the maximum amount. Should you become out bid, our system will notify you.
Auction Network’s online platform, makes it possible for bidders to participate in real-time, competing against onsite and other online buyers. A real, live person operates the software and provides a constant stream of communication to online bidders. Buyers can ask questions about individual items or the auction itself.
Live audio and video of the auction is available to all online bidders. The live auction experience from the comfort of your own home.
With Auction Network, bidders from anywhere in the world have a front row seat at all auctions running online.
A live auction without an onsite audience is a live virtual auction. In both types, buyers can bid in different ways—on site, over the phone or online. Most auctions at Auction Network use the ascending bid method, also known as an English auction. This method may require participation of a minimum of two bidders. The auctioneer calls for an opening price and buyers bid competitively in succession, raising bids usually by equal increments. The auction is over when no new bids are raised and the auctioneer calls “sold” or drops the hammer.
To place a live bid you must be logged in with a full account profile.
If you need to set up an account please click here to create and account and set up your profile.
Auction Network offers items for sale over a pre-determined period of time—usually over several days or weeks.
Buyers place bids during the event and the highest bidder at a specified closing date and time wins the item. If a user places a bid in the closing minutes of an auction the Auction platform automatically extends the bidding time frame, ensuring that the buyer willing to bid the highest always wins—no sniping here.
- Bidding has a start and end date/time.
- Items close for bidding all at the same time or one-by-one in equally spaced intervals—this is determined by the auctioneer.
- All bids are submitted online.