How To Bid
Before your bids are approved, you must leave a $500 refundable deposit. Deposits are manually verified and may take some time to process. It’s recommended to leave your deposit at least one day before the sale.
Before the Auction
Click the “BID” button. A pop-up window will appear with the next bid increment. Click the “CONFIRM” to complete the process or to leave a maximum bid and have the system bid for you click the “+” button or type the amount you are willing to bid up to.
Day of Auction
30 minutes before the auction starts, a “Live Catalog” link will appear in the top main menu, a button in the event description, and an email with a direct link to the Live Catalog screen. This will be the page you’ll want to be on to place your bids on the day of the sale.
Online Bidding Deposit Form
A $500 Deposit is required on all purchases. Once approved, your spending limit will increase to $25,000. If you plan on spending more than $25,000 you will need to leave $1,000 deposit. All deposits are fully refundable after the auction if nothing is purchased during the sale. First time buyers are required to leave a 25% hold during the auction after exceeding $25,000
Please Follow The Steps To Complete The Application
- Step 1. Document(s)
- Step 2. Deposit
All deposits need are verified manually and may take a few hours to approve. If you are placing your deposit after business hours, please wait until the following business day for approval.
The credit card name and address must match the online bidding account you are registering for. If you are using someone else’s card for your deposit, the authorized user will need to write an authorization email to support@generalauction.com. The email must include the authorized user letterhead.
STEP 1: Documents