Once you’re registered, choose the equipment you’re interested in and hit ‘Place Bid’ on its page. Your bid should exceed the current highest bid.
Live Bidding
Live bidding is the period of time when bidders can monitor the auctions and place live bids on pieces scheduled to end that week. We encourage bidders to contact Norsemen Auction for viewing opportunities before they place a bid and gather all unknown information before bidding. Once live bidding opens, all bids are final and cannot be removed.
Quick Bid – You should turn this ON – By turning on the Quick Bid feature, you will not be directed to the confirmation page. Your bid will be accepted with one click of the bid button.
Max Bid – Bidders have the opportunity to place their max bid – the highest amount you are willing to bid on that piece. The seller and other bidders will never know the amount of this bid. AuctionTime.com will place bids, on your behalf, using the smallest bidding increment necessary to ensure that you remain the high bidder until your max bid is met. If another bidder has placed the same bid before you, or a higher max bid, we’ll let you know that you’ve been outbid and you will have the opportunity to place another bid.
Live Auction Board – On Wednesday mornings, NorsemenAuction.com will display the Live Auction Board. When logged onto the site, the Live Auction Board will keep track of your bids, let you know when you’ve been outbid, when you are the leading bidder, and when a piece has recently taken a bid.
You can bid from the Live Auction Board simply by clicking the bid bar under each listing, which will direct you to a confirmation page, or you can choose to turn on the Quick Bid feature.
Time Extension – When the piece has only one hour left, it will display that any bid that is placed in the last minute of the auction will extend the auction by up to 40 seconds (20 seconds for Quick Bids). For example, if a bid is placed at 10:59 a.m. and the auction is scheduled to end at 11 a.m., the auction could be extended up until 11:00:40 a.m. This will continue to extend the end time as long as bids are being placed on that piece.
Winning The Auction – After the auction has concluded, an email notification will be sent out to the winning bidder with the seller’s contact information. The seller will receive a similar email with the high bidder’s contact information. It will be up to these two parties to contact each other to decide on the details of the financial transaction and the transportation of the piece.
Auction Group – Auction listings with the same Manufacturer and Model can sometimes be grouped together. All listings in an auction group end at the same time. If any of the auctions in the group take a bid in the final minutes, all listings in the group will have their time extended. Listings in an auction group will be linked together on the Live Auction Board.