Participating in online auctions can be a great way to enjoy the excitement of an auction and bid on items from the comfort of your home. Whether you’re a seasoned collector or a first-time bidder, understanding the process can help you make informed decisions and improve your bidding experience. This guide will walk you through the essentials of buying online at Windsor Auctions.

 

Registration Process for Online Bidders

 

To start bidding online with Windsor Auctions, you need to register on one of the platforms we use: The Saleroom or Easy Live. The registration process is straightforward and standard, the platforms require information like your name, address, telephone number, email address, and card details for verification purposes. Registration is free and allows you to browse our auction listings and get familiar with the process before placing any bids.

 

How the Online Auction Process Works

 

Bidding online at a live auction is similar to being in the auction room. When your desired lot comes up, you’ll see the bidding increments on your screen, along with a bid button to place your bid at the current price. Keep an eye on the screen and be ready to bid quickly, as the auctioneer will keep the pace fast to maintain momentum.

 

What to Look for When Browsing Auction Listings

 

If you can’t attend preview days, you can still get detailed information about auction items online. Each listing includes a description and photographs, and you can request a condition report through The Saleroom or Easy Live platforms. Simply click the button to ask questions about the item, and our team will provide the necessary details. While online resources are helpful, there’s nothing like seeing and handling the items in person.

 

Strategies for Placing Bids in an Online Auction

 

Knowing your limits is crucial when bidding online. Set a maximum bid amount to avoid overspending. If you can’t be present during the auction, consider leaving an auto bid. This feature allows the software to bid on your behalf up to your specified limit, ensuring you stay within budget even if you’re unable to monitor the auction live. Auto bids are particularly useful if you have other commitments or want to avoid the temptation of going over your limit.

 

Winning an Item: Next Steps

 

Once you win an item, Windsor Auctions will send you an invoice at the end of the sale. For multi-day auctions, invoices are sent after the final day. Payment is typically required via bank transfer, though you can also pay by debit card over the phone or in person when collecting your items. Due to space constraints, prompt payment and collection or postage arrangements are essential as we prepare for upcoming auctions.

 

Additional Costs

 

Be aware of additional costs associated with online bidding platforms. For example, The Saleroom charges a 4.95% platform fee on top of our buyer’s commission. Easy Live offers varying fee scales, including flat rates and commission-based charges. These platform fees are independent of Windsor Auctions, and we collect them on behalf of the platforms.

 

Timed Auctions

 

In addition to live auctions, Windsor Auctions conducts timed auctions. In a timed auction, bidding is live, and the auction extends automatically if a bid is placed in the final seconds, similar to a live auction. This ensures a fair chance for all bidders and prevents last-second sniping.

 

Final Thoughts

 

Buying online at auction with Windsor Auctions is an accessible and exciting way to expand your collection. By understanding the registration process and how to navigate online auctions you can make confident purchases.

For more information and to register for upcoming auctions, visit our website and explore our catalogues. If you have any questions, our team is here to help. Good luck, and we look forward to seeing you at our next auction. Happy bidding!