All parties that you have invited for your auction can participate.

By letting participants bid against each other, the need for individual negotiations with all participants is gone. Ususally having to negotiate a lot has a negative impact on a business relationship. This negative impact will be avoided.

AUTOMATIC EXTENTION

All participants can see the current highest bid, the (recent) bidding history, and the time until the auction closes. The participants can place as many bids as they want. If a bid is placed in the last five minutes before the lot closes, the lot end time is extended by five minutes after the time of the last bid.

AWARDING

When the bidding proces ends, you will have the opportunity per lot to award lots to the highest bidder.