Bidding

Once you are registered for an auction you are set to bid. You can now bid two different ways – live bidding or by leaving an absentee bid. New to live bidding? 
 

How to Live Bid on Bidspot

All live auctions will have a wifi symbol next to them. This means the auctioneer will start the auction on a specific date and time and auction one lot after another lot. Once you click on the sale, you’ll arrive at the live bidding page.

The current lot up per sale will appear. If you wish to bid at the price that is listed, click the green button.

Once you place your bid, the button will turn gray, indicating you’ve submitted your bid. Once your bid has been accepted you will see the button change to say you are the high bidder. If someone outbids you, the button will change to green again indicating you’re able to place another bid. The information under the bid button will update real-time and chose all of the bidding activity. Your bidder number is displayed at the top right of the page.

If you scroll down on the page you will see which lots are up next. Once bidding ends on a lot, the lot will close and the screen will change to the next lot where bidding will start again. The process will continue lot by lot until the auctioneer reaches the end of the sale.

You will receive an email notification if you are high bidder and won any lot. Immediately you can also visit your account section on My Bidspot which has an items won tab.

 

To bid in any auction you must first register for the auction. To register click the green 'Register Now' button on the right of any auction landing page. You will also find a 'Register to bid' green button on every lot page. View More

All sales are bound by the Terms & Conditions of the individual auctioneer. Please contact the auction house as soon as possible to discuss your particular situation.

If you are concerned that you made a bid error, please get in touch with the auction house immediately to discuss the situation.

Condition reports and additional information regarding any lots listed can be answered directly by the auction house selling the item. Please see our auction house Directory page for contact information.

If you will not be around during the time of the auction to bid live, you can conveniently leave an absentee bid. Enter the highest value you wish to bid. Bidspot will bid on your behalf during the live auction until your indicated value. 
 

How to Leave an Absentee Bid on Bidspot

If you will not be around during the sale to bid live, you can always leave an absentee bid.

To leave an absentee bid, first register for the auction.

Once you are registered, go to the item you wish to bid on. If you're not already logged in to Bidspot, please log in.

You can leave your bid on the catalogue bid, or click on the item to view more detail and bid. Enter the bid you would like to leave and click the place bid button. You will be directed to the screen to confirm your bid.

Once you click confirm, a pop-up will show indicating you have successfully placed your bid.

You will also receive an email, that your absentee bid is confirmed. If you wish to change your absentee bid, revisit the logged detail page, enter the bid you would like to make and click the change bid button.

Since you are leaving an absentee bid, your bid will be executed live during the sale.

The Bidspot system will make the bid on your behalf when the lot is up. The system will bid up the item to your absentee bid.

For example, if you place an absentee bid for $100 which is the most you wish to pay, the auctioneer will open the lot at the starting bid. Say the bidding opens at $20, the system will bid $20 for you, and if someone bids on live $30, the system will bid you $40 and so on.

If you are the high bidder at $40 you will win the item at that price. You can win the item for up to $100, your absentee bid. If the bidding goes past $100 then you would not win. If you are the high bidder, you will receive an email after the auction communicating you have won the item as well as payment and shipping instructions.

Easily keep track of the items you are bidding on, on your My Bidspot account. 

Once you are registered for an auction you are set to bid. You can now bid two different ways – live bidding or by leaving an absentee bid. New to live bidding?

How to Live Bid on Bidspot

All live auctions will have a wifi symbol next to them. This means the auctioneer will start the auction on a specific date and time and auction one lot after another lot. Once you click on the sale, you’ll arrive at the live bidding page.

The current lot up per sale will appear. If you wish to bid at the price that is listed, click the green button.

Once you place your bid, the button will turn gray, indicating you’ve submitted your bid. Once your bid has been accepted you will see the button change to say you are the high bidder. If someone outbids you, the button will change to green again indicating you’re able to place another bid. The information under the bid button will update real-time and chose all of the bidding activity. Your bidder number is displayed at the top right of the page.

If you scroll down on the page you will see which lots are up next. Once bidding ends on a lot, the lot will close and the screen will change to the next lot where bidding will start again. The process will continue lot by lot until the auctioneer reaches the end of the sale.

You will receive an email notification if you are high bidder and won any lot. Immediately you can also visit your account section on My Bidspot which has an items won tab.

 

Yes. The bid clerk at the auction house will signal the auctioneer when they have bids from the internet and will bid on behalf of Bidspot internet bidders in pace with the auction.

All successful bidders can confirm their winning bid by checking the “MyBidspot” tab. In addition, all successful bidders will receive an email notifying them of their winning bid after the auction closes.

Buyer’s premium is when the buyer pays an additional percentage on top of the purchase price to the auction house. Buyer’s premium varies depending on the auction house conducting the sale. Please check the terms and conditions of the sale you are bidding in for the buyer’s premium of that specific sale.

If an auction has Bidspot's Lowest Buyer's Premium Guarantee seal it means when you bid on Bidspot you are receiving the lowest buyers premium for the sale amongst other online platforms (this does not include an auction house’s own website).

To cancel/retract your bid in a live auction only, simply update your bid amount by submitting "0" as your bid amount. You will then see a popup and be prompted to confirm the change of your bid to "0" which will remove your bid. Once you click "Ok" to confirm, your bid should be successfully retracted.

In a Online Auction, you will only be able to lower your bid amount to the next highest bid increment but not remove it completely if there are other existing bidders bidding on the same lot. This allows you to be outbid should an underbidder bid the next increment. You may however contact the auction house or Bidspot directly to request that the bid be removed completely.

If you would like to place a new bid on the same item after retracting/canceling your bid - you may do so.