All Star Auctions
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11/25/17 02:26 AM
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Frequently Asked Questions Return to Help Page

 
How do I place a proxy bid? It looks like I can only place a maximum bid.

A proxy bid and a maximum bid are the same thing. To place a proxy (or maximum) bid, just enter the maximum amount you are willing to pay. The Software will then automatically bid up to your maximum amount for you.

In this way, you can win the item at the lowest possible price. Your maximum bid is only placed when a competing bidder also bids up to that same amount. In the case of a tie, the earlier bid will prevail.

Maximum bids are confidential, as a security feature. The application is maintained by the software and unavailble to anyone.