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Auction Sells Big Ticket Items to Online Bidders.

July 31, 2017

Online bidding is a popular alternative to attending auctions on-site. NextLot’s privately branded online auction software is making it easy to bid at live auctions without having to leave the comforts of your own home. 

 

The software company has made an impact on the auction industry through its easy-to- use online auction software, which enables remote bidders to attend auctions through a real-time audio and video webcast. To operate NextLot’s webcast system, all a user needs is a computer, tablet or mobile device fueled with enthusiasm to bid online. In recent auctions, online participants have been the leading bidders for multiple big-ticket items. At a recent auction, over 50 online bidders participated and a 2003 Linkbelt Crane was sold online for $530,000.00.  In a later auction, held by a different auction firm located in Texas, an online bidder purchased a 2000 Grove Crane for $305,000.00.

 

NextLot’s auction software runs on auctioneers’ websites that bidders know and trust.  Many bidders are catching on to the new innovative way of bidding and auction firms could not be happier. Online bidders have proved that they are not afraid of bidding online on high dollar items and pushing prices higher at every auction.

 

About NextLot, Inc.: NextLot provides auctioneers with a fresh approach to online-timed and live webcast auctions by providing extremely easy-to-use, privately branded software for three main auction formats: Timed Auction, Webcast, and Pre-Bid. NextLot believes that auctioneers’ most important assets are their buyers and that these assets should not have to be shared with their competitors on a public portal. NextLot users build brand loyalty while enjoying full control of their customer base, and avoiding exposure to competition. For more information on NextLot, Inc and services offered please visit www.nextlot.com.

 

 

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