Live Auctions for Order of Sale - Buyers Guide

Overview

When running an order of sale auction through Realtair, prospective buyers can view the auction livestream and place bids from the order of sale auction page.

Before you begin

  • Prospective bidders/buyers can view live stream auctions with or without a Realtair Account.

  • If you don't have a Realtair account, and cannot view the live stream auction - please reach out to the agent on the listing.

  • However, you must have a Realtair Account and register to place a bid on the auction.

Join the order of sale live auction

When the auction is in progress, the listing page will display a message saying ‘Auction in progress. Watch now!’

Order of Sale Live Auction overview

You will see 4 main sections on the bidding page

  • Order of Sale Listings

  • Bidding Calculator

  • Property details and property images

  • Announcements



Order of Sale Listings

On the right-hand side, you will see the listings that are part of this Order of Sale in chronological order.

From here you can see

  • Which listing is live

  • with the status of the sale ;

  • and if you have registered to bid for the specific property

Buyers can also view the property details of upcoming auctions in this list. They can opt to register to bid from there if they haven’t done so.



Bidding

The left portion of the screen is dedicated to bidding activity.

  • The bidder's name and bidder number

  • Current bidding activity, and whether you are the highest bidder

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  • The bidder can click in the text box and enter their bid with their keyboard, alternatively, use the bidding increments to quickly add to the current highest bid.

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  • A status bar will appear below their entered bid indicating if the agent or auctioneer has accepted their online bid, this will display green when accepted.

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  • Finally, the bottom section displays the complete bidding history. The bidder can scroll through this and clearly see all bids placed and important milestones such as the property being called ‘on the market’


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Live stream and property details

On the right-hand side, you can

  • Watch the live stream

  • View the property and agent details



Announcements

Any messages broadcast by the agent and auctioneer during the auction will appear as a banner across the top of the screen.

The full history of announcements will always be available below the live stream. The bidder can easily scroll through ensuring they never miss an important update.