Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the bid increments for an Online Only Auction?

April 26, 2017auction bid increments online

0

Posted

What are the bid increments for an Online Only Auction?

1 Answer

0

Posted

The bid increments for Online Only Auctions are set as follows: Bids increase at $500 on amounts up to $15,000. Bids increase at $1,000 on amounts up to $30,000. Bids increase at $1,500 on amounts up to $50,000. Bids increase at $2,000 on amounts up to $100,000. Bids increase at $2,500 on amounts up to $250,000. Bids increase at $5,000 on amounts up to $500,000.