How to bid
are three ways to bid on an item. Bidders may use any method or
combine methods to develop their bidding strategy.
Time Visitors Must get a Member ID and Password.
This may be accomplished by clicking the "Get Your
Member Name and Password" link on any page.
If you would like to bid on the internet or leave Absentee
Bids you must Register for that auction individually by selecting
the auction of your choice on the Home
page and follow the “Online Bidding” links. Additionally you
must completely read the Terms and Conditions of the Auction.
In paragraph two (2) of the internet portion of the Terms and
Conditions you will find a link to the "Internet Bidders
Registration Package" (PDF file).
Print this package and following the directions on the cover
page and deliver the completed forms to our office at the address
Attending auction in person. You may bid by attending the
auction onsite. The address where the auction is being held will be
displayed on the Home
page. When you arrive our staff will be happy to assist you.
Bidding on the internet. Take a look at the Bidders
Live Webcast Screen shot.
Internet bidders may bid against the live event audience in real
time as the event is taking place.
To participate select the auction you wish to participate in under
the "Live Auction" heading. (When the auction is in
progress you will see "live now" displayed as the date).
Enter your logon ID and password to enter the bidders screen.
Bids may be submitted by clicking one of the three "Bid"
Buttons on the live bidding screen. The first button on the left
side is the minimum bid the Auctioneer is asking for on site. The
middle bid button is the minimum asking bid plus one increment. The
bid button to the right is the minimum asking bid plus two
increments. Three bid buttons are provided to give internet bidders
every opportunity to get their bids into the bidding process as
early as possible. For Example: In the typical bidding process when
the bidding first starts on an item there are usually the most
bidders participating. As the bidding advances less and less bidders
are competing until there is only one, the winning bidder. Therefore
an internet bidder may have a more difficult time placing the
minimum bid in the first initial moments of the bidding and a better
chance as the bidding continues and less bidders are involved. The
second and third bid buttons are provided for bidders that would
like a better chance of getting their bids acknowledged in the
initial bidding for an item. When the Auctioneer is moving at a fast
pace an internet bidder can have a better chance of getting their
bid accepted by leading the auctioneer and placing a bid before the
auctioneer has reached that amount. If your bid is accepted you will
see your logon ID displayed in the "High Bidder" Field and
the message field will display you are high bidder. If a bidder
onsite is successful you will see "Floor" displayed in the
"High Bidder" field. * The bidding process is fast paced
and can move very quickly at times Click
here for internet bidding strategies that
may offer you an advantage.
are recorded before the auction item goes on the block for bids.
These bids are recorded and appear on the auction manager's clerking
screen instantaneously when the item is brought up to the auction
bids allow registered Internet bidders to submit a confidential bid
on real property that will be executed on their behalf. The bidding
may start at your absentee bid or from a floor bidder. Absentee bids
can be submitted on any real property any time before it goes to the
auction block for live bidding. To leave an absentee bid you must
select an auction under the "Live Auction" heading, click
on the real property you wish to bid on, and enter your bid. You
then will be prompted to enter your logon ID and password. Your bid
will be confirmed via email. Absentee bids may be placed in the
lower section of the live bidder’s applet when the Auction is in
progress. Please insure that you are bidding on the correct
property, as you are responsible for your bids. Absentee
bids will not be valid until you complete the Internet Bidder’s
Registration Package, deliver it to our office and that Internet
Bidder’s Registration Package has been approved by our staff.
Additionally, the New York State, Department of State, who
licenses Real Estate Brokers and Salespersons, requires that we must
execute absentee bids on real property at their full amount.
The NYS Department of State considers all bids as offers on
personal property auctions,
absentee bids reflect the maximum bid a bidder will bid on an item.
It is not necessarily the amount an item will sell for if the
absentee bidder is successful. Bids are executed in a fair manner,
for example if three absentee bids are placed for the same item and
the values of the bids are $100, $200, $300 and the auctioneer uses
$25 increments for these price ranges, the auctioneer would start
the bidding at $225 on behalf of the $300 bidder. If the absentee
bidder is outbid, the auctioneer will bid again on his/her behalf
until the bidding stops or the absentee bidder’s maximum bid has
been outbid. If the bidding should stop before the maximum absentee
bid is reached the absentee bidder will be successful at the price
where the bidding stopped even though their maximum bid was greater.
The dilemma with many absentee bidders is to determine the maximum
bid, many times bidders are willing to go one more bid for personal
property they desire.