Live Bidding
Live bidding is the 24-hour period of time when bidders can monitor the auctions and place live bids on pieces scheduled to end that week.

Bidders have the opportunity to place their max bid, the highest amount you are willing to bid on that piece. The seller and other bidders will never know the amount of this bid. AuctionTime will place bids, on your behalf, using the smallest bidding increment necessary to ensure that you remain the high bidder until your max bid is met. If another bidder has placed the same bid before you, or a higher max bid, we’ll let you know that you’ve been outbid and you will have the opportunity to place another bid.

When the piece has only one hour left, it will display that any bid that is placed in the last minute of the auction will extend the auction by up to twenty seconds. For example, if a bid is placed at 10:59 a.m. and the auction is scheduled to end at 11 a.m., the auction will be extended ad additional twenty seconds. The end time will continue to extend as long as bids are being placed on that piece.

After the auction has concluded, an email notification will be sent out to the winning bidder with our contact information. We will receive a similar email with the high bidder’s contact information. We encourage bidders on the site to contact us before they place a bid and gather all unknown information before bidding and to work out the details of the financial transaction and the transportation of the piece.

Navigate The Site
Details Page – Each individual piece has its own details page. This page includes the auction information on the piece (lot number, opening bid, auction end date/time), our contact information, specifications of the piece, inspection information on the piece and any available pictures of the piece. This page is found when an individual piece is clicked on from the many listings found on each tab.

Sorting – You are able to sort the items on the site in several different ways. Year, Manufacturer, Model, S/N, Price, and Location are all options for sorting. Once one of these headings is clicked, the viewable pieces will sort according to that category.

Buyer Expectation
Bidding – A proxy bid can be removed at any time prior to the time live bidding opens (24 hours prior to the end of the auction). Prior to bidding, the buyer has access to contact us with any questions they have about the machine, shipping, sales tax, and payment details to avoid any issues once the auction has ended.

Winning Bidder – The winning bidder is expected to contact the seller immediately following the sale to set up payment and a time to pick up the item.