Vendor Benefits

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Maximise & Enhance your Auction Results

With auctions playing such an important role in real estate transactions, Auctions Live further enhances this role by positively influencing results for real estate agents and their vendors through the use of our game-changing technology.

Auctions Live revolutionary technology has been specifically designed to ignite bidders, whilst providing vendors with a competitive advantage throughout the entire auction campaign.

Virtual Auctions

Technology that Empowers Agents and Sellers

AUCTIONS LIVE Virtual Auctions is a transparent, effective online sales method which assists buyers and sellers determine the true market value of a property; meaning there’s more chance a property will reach its maximum sale value.

Individuals who intend to bid on properties must be pre-qualified by selling agents before their account are activated; removing the feeling of any uncertainty for sellers.

Throughout the Virtual Auction, buyers will have the ability to view the highest bid and place bids as the auction progresses via the Bidder App.

AUCTIONS LIVE Virtual Auctions is a fair and easy way to buy and sell property, embracing transparency throughout the entire auction process.

The complete Virtual Auction process is managed by the selling agents and the assigned auctioneer. Virtual Auctions typically take a fraction of the time normally spent by agents, buyers and sellers conducting conventional sale negotiations.

At the conclusion of the Virtual Auction, if the sellers' reserve price has been met or exceeded, the virtual hammer will come down, and the highest bidder will win and will be required to pay the agreed deposit amount and sign the contract of sale.

On the rare occasion, the property does not meet the reserve price the property will be passed-in or set under negation, but this does not mean it’s all over, as the selling agents will begin post-auction negations which often results in a sale.

Key benefits of Virtual Auctions to sellers include:

  • Capacity to sell prior to the auction, at auction or post-auction
  • Ability for agents to pre-qualify bidders
  • Facility to implement flexible time limits
  • Capability to increase competition through local, domestic and international buyers
  • Power to create a sense of urgency around the sale of the property
  • Opportunity to review and amend reserve price
  • Potential to obtain a premium price through competition
  • Proficiency to sell in fewer days on market
  • Alleviate the pressure and stress of selling

Key System Benefits to Vendors

Contact Us Today To Discuss System Benefits

AUCTIONS LIVE, Auction Software, In-Room Auctions, Onsite Auctions, Auctions Australia, Vendor Benefits
Online Bidding

Increase competition on auction day by allowing pre-qualified individuals the ability to place bids online directly to the assigned Auctioneer.

Social Media Integration

Increase your property’s exposure, by reaching an untapped market of prospective buyers.

Bidder Registration Insight

Gain valuable knowledge prior to auction day as to the number of qualified bidders.

Property Presentations

Highlight your property’s features, prior to the bidding frenzy during in-room auctions.

Focal Point

Broadcast your auction live directly to your selling agents website and minimise the risk of losing interested bidders to competing properties

Live Bid Capturing

Providing a clear & transparent process to assist the auctioneer in keeping the bids flowing.

Live Streaming

Connecting your on-site & online audience, assists you in getting the best possible result for your property.

Live Enquiry Forms

Attract prospective buyers to immediately make an offer, should your property be passed in.

Your property and live bid capturing will be displayed directly on your real estate agency’s website, making it simple and easy to attract and build your online audience, as well as providing you with a live stream of your auction – enabling you to monitor bidders and bids, while providing you with the opportunity to amend your reserve, accordingly based on live data insight.

Advanced Digital Auction Solution

For Real Estate Agencies, Auction Houses and Independent Auctioneers