How to Prepare for an Online Auction

Online auctions are a great alternative to in-person events, as they allow you to find unique collectibles from the comfort of your own home! However, if you’ve never participated in a virtual auction and want to try it out, then it’s best to prepare beforehand.

While some things stay the same, there are many differences that first-time auction goers may not anticipate due to the unfamiliar virtual setting. Let’s go over four ways that you can prepare for your debut at the online auction scene.

Make Sure Your Internet Is Stable

A major difference between an online and in-person auction is that you don’t need to worry about Wi-Fi connections at the latter. A stable and reliable internet connection is fundamental when preparing for a virtual auction. Interruptions or connectivity issues can result in missed opportunities or last-minute bids failing to register. 

To safeguard your online experience during a live auction, test your internet speed and stability beforehand, and consider having a backup connection available. This may be a good time to update your router or modem if you’ve been putting it off for a while. By maintaining continuous access to the auction site, you can place bids effectively throughout the bidding period without skipping a beat.

If your internet connection is not stable, you can always leave an absentee bid prior to sale day to make sure you can still bid. Once you place an absentee bid on an item the computer will then bid on your behalf once the sale goes live and not to worry, Bodnar’s Auction cannot see your bids to ensure everything is kept ethical!

Create Your Auction Account

While many sites let you browse items without an account, creating one on the auction website is necessary in some cases. This typically involves providing contact information and selecting a preferred payment method, which will be used to purchase items if you are the highest bidder. 

When making your account, make sure that all details are accurate and secure to facilitate a smooth transaction. You should also familiarize yourself with the auction site’s navigation and features, such as bid increments and the item procurement process so that you’re ready for the upcoming event.

Pay Attention to the Dates

Paying close attention to the auction dates can be important for a successful online auction experience. Mark your calendar with the start and end dates of the bidding period to avoid missing out on the opportunity to bid on particular items.

Some auction sites also offer reminders through their auction page or gift software, which can help you manage your schedule and start bidding at the appropriate time. This ensures that an item you want is sold to someone else before you have a chance to place your bid.

Read Terms and Fees Carefully

Always be sure to review the terms and conditions of the auction house. By doing so, you can better understand the auction rules and any fees that may affect the final price of auction items.

Additionally, it also provides insight into the auction’s payment and shipping policies, which are crucial for finalizing purchases. Being well-informed about these details supports a seamless transaction and minimizes potential misunderstandings or disputes with the auction participants.

Visit Bodnar’s Auction Today

If you’re searching for collectibles and antiques online, our online auctions have what you’re looking for! With Bodnar’s Auctions, you can find an array of unique treasures from the comfort and convenience of your living room couch. Reach out today to learn more about our auctions and to start planning your future bids.