Proxy Bidding – How it Works

1. When you place a bid, you enter the maximum amount you’d be willing to pay for the item.
Your maximum bid is kept confidential.
2. The system then compares your bid to those of other buyers.
3. Then places bids on your behalf using only as much of your bid as is necessary to maintain your
high bid position (or to meet the reserve price). The system will bid up to your maximum
amount.
4. If another bidder has a higher maximum you will be outbid. But if no other bidder has a higher
maximum you have the highest bid on that item. This means you don’t have to re-bid every time
a higher bid is placed. The highest bidder will be contacted after the auction and all call items
approved.