Bid from anywhere in the World.
If you can't attend a ProStar Auction in person, you can watch and hear the auction, enter your bid, and even chat with a bidder assistant all from the comfort and privacy of your own home!
ProStar Auction's online bidding system is powered by one of the nation's leading providers of computerized systems for integrating live and Internet bidding. Throughout the auction, you can communicate with the bidder assistant who will answer any questions and relay your bids to the podium.
Due to the nature of doing business on the Internet, there are certain strategies Internet bidders may use to ensure their bids are executed in the most efficient way. Although most Internet bidders use the live Internet bidding method to successfully bid, there are factors that could benefit or hinder your ability against other online bidders or the onsite bidders.
The auction clerk monitors Internet bids during the auction event. The clerk is almost always located at the auction site and always communicates directly with the Auctioneer. As an item comes up for bid, the Internet audience, as well as the live on site audience has an opportunity to bid. Internet bids are executed in the order they are received. For example, if the bid is at $100.00 and seven Internet bidders click the bid button at the exact same time, the auction clerk will execute the first $100.00 bid received. The speed and location of your Internet connection could affect your bid. Although the time frame from the click of the bidder button to the bid arrival at the auction clerk only takes about a second on the average, a bidder with a slower Internet connection or more remote location, could equate to the difference in time of placing a bid between someone sitting in the front row or in the last row of the auction gallery.
Absentee bids are recorded before the auction item goes on the auction block. These bids are recorded, sorted, printed, and appear on the auction clerking screen instantaneously when the item is brought up to the auction block. There is no factor other than the bid amount to inhibit your bid. Even if the Internet should have connectivity problems, your bid will be executed. Although absentee bids reflect the maximum amount a bidder will bid on an item, it is not necessarily the amount an item will sell for should the absentee bidder be 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 until the bidding stops or the absentee bidder limit 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 an item they desire.
ProStar Auctions live bidding tools incorporate safety measures that will prevent an Internet bidder from bidding against themselves, regardless of how many times an Internet bidder presses their bid button. When an Internet bidder's live bid, or absentee bid, is the current high bid, that bidder's bid buttons are turned to a disabled state until they have been outbid and the bid button becomes active again.
Most bidders enjoy the excitement of live Internet bidding; others, with a busy schedule or conflicting functions, optimize absentee bids; and then there are those that want to enjoy the live entertainment inherent to the live event.
Our goal is for the audience to participate using one, or a combination, of methods best suited for them. Bidders may leave absentee bids and monitor the live event to see how their bid fared, or maybe even increase their bid again with live internet bids if they have been outbid. Others may want to inspect the property, then go home, do their research, and bid online or leave absentee bids. Regardless of your strategy, the excitement, convenience, and efficiency of Internet bidding will certainly enhance your auction experience.
IMPORTANT - One must register early to take part in the auction online. Bidders must complete the registration form, provide personal information, and accept the Terms and Conditions of Sale of each auction. Registration will be processed and notification will be sent to each bidder within 24 hours.
Online bidders are bound by the same Terms and Conditions of Sale as bidders who participate in an auction on-site.
To participate in an on-line auction, follow these quick steps:
- Create a bidder account by clicking here.
- Register for each auction of interest (click the "register" button on the sale listing).
- Download Java at least 1 hour before the auction by clicking here.
- Leave absentee bids/pre-bids before the auction. Absentee bids are usually accepted faster than onsite bidders. This ensures a bid to be placed on items of interest if the auction cannot be attended or there is a glitch in the internet connection.
- During the live auction - don't wait to bid until "once, twice" appears on the screen. The person running the software still has to call the bid to the Auctioneer and compete with the Bidder Assistants. For best results, bid early and fast!
Generally, if the auction of interest has online bidding available, it will be noted in the information provided for the auction and property(s) of interest.
ProStar Auctions representatives will be available to provide assistance ensuring that you have a successful bidding experience by calling 573-365-7272.