TIMED ONLINE AUCTIONS
Bidsonline’s Timed Online Auction software has been designed to get the best results for the vendor: encouraging bidders to continue bidding and extending the auction to get the best price.
Comprehensive descriptions and videos.
Load a YouTube video and describe the lot for auction. Many bidders find it easier to watch a video than read reams of information. You can of course load a full description including additional PDF documents and unlimited photographs.
Real time bidding
The bidding pages and the catalogue always show the latest bid without having to refresh. Just like a traditional auction bidders can bid immediately – no need to refresh. Vendors love the ‘ca-ching’ sound (cash register) as another bid arrives.
Automatic closing time extensions
The auction close time for a lot automatically extends when there is active bidding. Analysing our customers results show that the bid price can increase by 40% after the original closing time.
The Timed Online Auction software can be run stand-alone or fully integrated with our back-office software for auctioneers: Easybids or our financial and operational software for car auctions: Carsplus.
We successfully tendered for Ray White NASCO’s business in 2018: “I was very happy with how things went today, thank you for your assistance in a smooth transition and for making changes to the system thus far on request….. As I said, well done, it’s a great platform and I look forward to working with you guys to make it even better” Chris Butler, Ray White NASCO. https://www.nascoauctioneers.com.au
Since then Ray White NASCO have run over 130 auctions with 12,500 lots – and yes, we are still improving the software! As we have a standard auction system every auctioneer gets the latest improvements