What is an Online Bidding?
Most of our auctions begin in a “Sealed Bid” format, and only transition to an “Online Bidding” format at the seller’s discretion, which can occur at any given time during the auction. When this occurs, the highest Sealed Bid is made public and published in the Bid History on the Property Details page. From that point forward, bidders that have submitted their Bid Deposit and Bid Form may submit subsequent Online bids on the property by clicking on the “Bid Now” button on the Property details page, each time they are out-bid up until the Bid Deadline.
