How does the autobid auction work?
An autobid is placed after the auction has commenced, allowing you to set a maximum price on any lot(s) during the auction, to which the computer will then bid on your behalf.
Who owns Autobid?
A Private Company supported by a dedicated team of personnel headed up by Peter Azzie, Nishen Naidu and Lee Martin.
What is an autobid?
When a bidder has placed a max bid and later is outbid, we will place additional bids on their behalf, up to the max bid amount. These automatic bids, placed in the bidder's absence, are called auto bids and marked with an "A" in the bid list.