In order to bid in an auction you’ll first need to set up an account.
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For a live auction, simply choose any auction and click “Register to bid” before the auction begins to receive your paddle number. You will then select how you would like to participate in the auction: in-person, over the phone, online, or by leaving absentee bids. Please note that for certain auctions, additional financial verification is required at least 24 hours before the sale.
For an online-only auction, there is no separate registration process. Placing a bid automatically registers you for that auction.
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Bidding online
Before the live portion of the auction, you may place maximum bids, which will either be executed immediately (Advance bids) or by the auctioneer during the live auction (Absentee bids).
During the live auction, enter the online auction room and place your bid once the auctioneer has opened the lot. You can follow the bidding activity either by watching the page or by listening to the auctioneer.
Bidding in person
You will receive your paddle when checking in at the registration desk, and indicate to the auctioneer when you wish to place bids.
Bidding over the phone
You will indicate your desired lots ahead of time, and a Paraqon’s representative will call you the day of the auction to execute bids on your behalf.
Once an auction is open for bidding, place your maximum bid on each of your desired lots. The platform will automatically place incremental bids on your behalf up to your maximum amount.
Lots close in one minute increments and will be extended by two minutes if a bid is placed within the final minute before the lot’s scheduled closing time. Lots may extend for up to two hours to accommodate competitive bidding.
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Your final amount due will include the hammer price, buyer’s premium, overhead premium, and local taxes. In certain locations, a re-sale royalty will be collected.
If you are attending, the auction in person, you may pay for your items immediately following the auction. Otherwise, our Post-Sales Service team will send you an invoice and shipping quote.
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Paraqon’s Post-sale services can arrange expert and insured shipping and convenient delivery of your property.
Need further help? Please contact us via email or phone.