Live Auctions, Online Only and Simulcast Auctions

Auction Systems is a unique auction house because they conduct three types of auctions on a regular basis. Auction Systems allows customers to take part in live auctions, online only auctions and simulcast auctions. Live auctions are where only bidders who are physically present are able to bid. Online only auctions allow customers to bid online and compete online against other registered bidders. Simulcast auctions are the most common and allow customers to either bid online or take part in a live auction.

Live auctions take place either on-site or at Auction Systems and are notated on the Auction Schedule with “Sorry No Online Bidding.” Online auctions take place over the Internet and are notated on the Auction Schedule with “Online Only.” Simulcast auctions allow bidders, who are onsite, to compete against bidders online who have either placed proxy votes or are bidding in real time. Simulcast auctions can also be heard online by listening to Auction System Radio Network.

For more information about live auctions, bidding online or simulcast auctions, contact Auction Systems.

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