Bidding in PersonThe traditional method of bidding at live auctions is exciting and exhilarating for collectors and bargain hunters. Buyers who wish to bid in person must register the day of the event with a photo ID to receive an assigned bidding number. Once the sale begins, Gateway Realty’s auctioneer, Jim Shores will open the bidding. To place a bid, simply raise your hand or number to get the attention of the auctioneer or one of his team members. The bidding process will increase in sequential increments until there are no more bids on the item. The auctioneer will state that the item is sold along with the final price and bidding number before moving on to the next item.
Absentee BiddingIf you are unable to attend an auction, you may contact the auctioneer, Jim Shores about leaving an absentee bid. Absentee bidding works exactly the same as if the bidder were physically at the auction. The only thing different is that the price limit is given to Gateway Realty, who keeps that price limit confidential and bids on your behalf. In the event that other bidders drop out before your price limit, you will win the bid at the next price increment.