How to guides
Buying at auction is fun and can save you money compared with buying at stores on the high street. It is also good for the environment as most items are second-hand rather than new.
Online bidding on thesaleroom.com allows you to participate in an auction as it is happening.
In a timed online auction, there is no auctioneer taking bids from a live audience in a room.
Before bidding at auction it’s a good idea to spend a couple of minutes getting to know how auctions work and how much things cost.
You’ve bid. You’ve won. You’ve paid for your item. Now what?
Were you the highest bidder on a lot at auction? Congratulations! It’s yours. Now it’s time to pay for your item.
Selling at auction can be a great way to get the best value. Through an auction house your items are offered for sale and the market decides what they are worth.
As a bidder, there are a few words and terms that are worth understanding so that you can get the most out of buying at auction.