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Please wait, placing your offer...
Please wait, accepting the invitation...
When the private treaty sale is open, you can place bids in line with the pre-determined bid increment levels using the bid increase (+) and bid decrease (–) buttons provided.
Every time you place a bid you will be asked to confirm your bid before submitting it, and you will be clearly shown on the screen whether your bid was successful.
A full list of all bids placed is displayed in the bid history table.
You are not restricted to placing a bid at the minimum bid amount, but can instead increase your bid and place a maximum (proxy) bid in the system. By setting a maximum bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your maximum bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose. You also have the option to decrease your proxy bid.
If two or more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Virtually every lot is sold subject to a reserve price (the minimum price that the agent is authorised to sell for). When you submit a maximum bid, the actual bid placed by the system will depend on whether the reserve price has been met, as defined below.
If your maximum bid is below the reserve price
If your maximum bid is at or above the reserve price
NB : Your maximum bid is kept completely confidential – it's presence or amount are not disclosed to the agent, vendor or any other bidder.
NB: Please note that the way the bidding works may vary slightly from agent to agent. We strongly advise you to read the bidding guide for any private treaty sale you plan to bid on.
This will rescind your offer effectively immediately so it can no longer be accepted.
You will be able to place another offer but you may need to re-authorise.
Please wait, rescinding your offer...
When the offer window is open, you can place an offer in line with the pre-determined offer increment levels using the bid increase (+) and bid decrease (–) buttons provided. Every time you place a offer you will be asked to confirm before submitting it. A full list of all offers placed is displayed in the offer history table.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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