Proxy Bidding

This is a good thing!

Here is a simple explanation of Proxy Bidding. Think of a real auction in the real world that you simply cannot attend. You have a luncheon or something to go to so you send a friend to the auction in your place. You tell your friend that you simply will not pay more than a certain amount for the item you want- lets say $10.00. You also instruct your friend that you want to pay the smallest amount possible so "don't just go there and raise your paddle and say $10.00". You say "start out at the reserve and see what happens".

Well our proxy bidding is the same sort of thing. With our auction your friend is our Auction Program. You can enter a limit bid of $10.00 and then walk away. The Auction Program will automatically bid the reserve and if no one else bids on it you will win that item at the reserve price. If someone does bid then the Auction Program will go up by .25 cent increments as needed. The only way you will lose the item is if someone else put in a bid higher than $10.00.

Be honest with yourself! There is no reason to set a low proxy if you really plan to increase it later. Type in the highest amount you are willing to pay. It is safe as nobody can see your Proxy "high limit" Bid! If you set a proxy bid and you have unplanned company show up or your computer crashes and you can't get back to the auction, it doesn't matter. The Auction Program is taking good care of you!

Proxy Bidding means you can walk away from the computer and still be participating in the auction. We highly recommend using it as you will never have to worry about missing out on an item that you really want.

The way to enter a proxy bid is to enter the highest amount you are willing to pay for the item in the "LIMIT BID" section of the bidding form.

 


California Paper Goods