Auction Features
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HelpAuction FeaturesAuction Formats AvailablePopular Auction TypesNiche Auction TypesHelpWhat is an Auction Flyer? An auction flyer is a printable sheet that showcases key information about a specific item or lot — including images, descriptions, pricing, and bidding instructions. They’re used for window stickers on vehicles, lot sheets at estate sales, catalog cards in luxury or consignment auctions, or even as display signage in…
What is Hand Selling? Hand‑selling refers to the practice where, after a lot either doesn’t make its reserve during the main auction, or the bidding is halted early, the auctioneer works directly with one or a few selected bidders (often pre‑qualified or “close” bidders) to negotiate and sell the item. It’s a “deal‑work” mechanism, rather…
What is Auction Arbitration? It’s the process used to resolve disputes between buyers and sellers after an auction transaction, especially in cases involving misrepresentation, undisclosed damage, or disagreement over the condition of an item (commonly vehicles or machinery). When arbitration is allowed, a neutral third party—often the auction company—reviews the claim and decides whether a…
