Quote:
Originally Posted by jerrys
Why not have an auction that is done by professional auctioneers such as Invaluable.com? Lots auctioned off in order throughout the day. All eyes together that wish to see any lot being auctioned or want to bid may do so during that same minute. No anxiety. The best.
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I am a licensed and bonded auctioneer. A member of my state's auctioneers association who also teaches at one of the three accredited auctioneer programs in the state. Is that professional enough for you?
Invaluable is one tool, used often for live simulcast auctions and completely unfeasible for large auctions. When I do live auctions I am fairly fast and do a little over 100 lots an hour. To do even 1000 lots in simulcast (which is slower than live only) would take at LEAST 10 hours with no way of perfectly predicting when any given lot would come up. Now imagine a 3000 or 4000 lot auction?
Many "professional" auctioneers use services like Proxibid or HiBid which, with some small differences, run similarly to the major auction houses independent sites.