Auction volumes remain high on HiBid.com, where last week’s online-only and webcast auctions brought in more than $33.6 million (gross auction proceeds) in equipment, vehicles, and other assets. From August 2nd through the 9th, bidders placed an average of approximately 1.24 million bids per day across 919 auctions, with a record number of lots for sale on Friday.
Roughly 747,000 bidders per day took part in HiBid auctions for the week, bidding on more than 332,000 lots. HiBid anticipates record totals in lots for sale in the coming weeks, as a growing number of auctioneers and buyers are discovering the exposure and variety HiBid.com delivers.
August 2nd-9th HiBid.com Highlights
Gross auction proceeds: $33,642,676 (USD)
Gross merchandise volume: $49,841,073 (USD)
Lots sold: 332,457
Online-only auctions: 842
Webcast auctions: 77
Average bidders per day: 747,000
Average bids per day: 1.24 million
The following are examples of Featured Auctions currently listed on HiBid.com, where individuals have the opportunity to bid on a wide range of items, including gold and silver coins, fine jewelry, tools, household goods, office supplies, outdoor furniture, and much more.
If you're looking to sell through HiBid.com, click here to describe what you wish to sell, and a local HiBid auctioneer will help you get started.
About HiBid & Auction Flex
Auction Flex is the market leader in auction software for live auctions, with capabilities that include cataloging, clerking, cashiering, accounting, mailing list management, inventory management, multi-parcel, and more. Auction Flex also provides a seamless solution that enables auction houses to upload auction catalogs online and accept internet absentee bids, conduct internet-only auctions, or offer webcast live internet bidding through its integrated web service and internet bidding solution—HiBid (both a private-label solution and a portal). Auction Flex and HiBid, products of Sandhills Global, were built from the ground up to function together seamlessly.
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Posted On: 8/11/2020 3:27:01 PM