What is the difference between Rasmus and a traditional live auction?
Traditional auctions are generally conducted on-site and in place at the asset location. Bidders are required to arrive early for an inspection and must remain onsite for the duration of the event while items are sold one at a time. Removal is usually the sale day, the bidder may be required to come back to pickup their items. Rasmus events begin bidding weeks in advance of the event closing. Most Rasmus auctions feature a preview or open house for inspection one or two days prior to the conclusion of the sale. Bidders can take their time to become familiar with the catalog, bid interactively or use the MaxBid which allows the system to bid on your behalf up to your set amount. With a Rasmus event, you can participate on your schedule and at your pace, from the comfort of your home or office.
