Upon the occurrence of your bid being outbid, Direct Liquidation will expediently send you an email notification. This ensures you have the opportunity to reconsider your participation and decide if you wish to proceed with a higher bid. Victory in an auction requires you to have the highest bid at the close of the auction, subject to the fulfillment of the auction's reserve price. If the reserve price is not reached at the auction's conclusion, regardless of the presence of bids, no winner will be confirmed.
To better understand the auction process, we encourage you to explore the "Buyers > Auction Process" section accessible through our main menu or view our detailed YouTube video. At Direct Liquidation, our commitment is to empower you with the necessary knowledge to make well-informed decisions throughout your bidding journey.
Please sign in to leave a comment.