How does the bidding system work?

If/when your bid is exceeded, you will receive an email notification informing you so you can make a decision to continue bidding at the higher price point. To win an auction, you must be the highest bidder at the moment of auction's closure and the reserve price for the auction must be met. If an auction ends and the reserve price has not been met, no winner will be declared even if a bid has been entered. 

For further details, please refer to the main menu Buyers > Auction Process here or access our YouTube video here.