What is a max bid?

Set a maximum bid on a lot and let the computer bid on your behalf.

A max bid can be placed prior to or after an auction commencing and allows you to set a maximum price on any lot(s), letting the computer bid on your behalf up to the price you have nominated.

The advantage of setting a max bid prior to the auction is that you do not have to connect to the auction for it to take effect, meaning you can set your maximum price once a catalogue is published.

PLEASE NOTE

  1. A max bid will only work if it is above the starting price set for the lot.
  2. A max-bid does not guarantee you will be the successful bidder at your set price. 

AuctionsPlus highly recommends that you watch the auction closely after it commences to ensure your bids are on the correct increment and that another bidder does not outbid you.

To place a max bid before an auction starts:

  1. Log in to AuctionsPlus
  2. Search or open the Catalogue of the auction you are interested in participating.
  3. Browse the catalogue and ensure you read the full lot details before placing a bid.
  4. Go to the top of the catalogue (above the lots available) and click on "Add Max Bids"

  5. This will open a new tab, find the lot you are interested in and type in your max or limit price in the box shown below. The total amount based on the number of head available will display to the right. 

  6. Click save changes to confirm the bid price.

To place a max bid after an auction starts:

  1. Log in to AuctionsPlus
  2. Connect to the auction via the green 'CONNECT' button
  3. Find the lot you are interested in (ensure you have read the full lot details before placing a bid) and click to open the lot
  4. Use the 'Max Bid' box to type in your Maximum price
    max bid
  5. Click "Apply" to save.