Can you watch online auctions?

Some auctions allow you to view the auction as a guest. Simply select View Auction and a pop-up window called Bidding applet or Applet Live will open.

Can you watch online auctions?

Some auctions allow you to view the auction as a guest. Simply select View Auction and a pop-up window called Bidding applet or Applet Live will open. You may be familiar with in-person housing auctions, such as the sale of a trustee or the sale of a sheriff; online home auctions contain similar elements, except that the tender takes place entirely on the Internet. Contrary to popular opinion, not every auction house is the result of foreclosure or lien.

Homes can end up for sale at an online auction in many ways. On some auction websites, you can see how bids are made in real time. The action can move quickly, so if you want to participate competitively, you will need to have a good understanding of the value of your target home in today's market and how it is reflected in the bidding process. With our digital saleroom, you can stream live auctions and make online bids in real time.

As you can see, in both live and online auctions, although the result may be the same, the processes may be different depending on the type of auction you choose to use to rate the item you want. When it comes to previewing auction items, if you're buying something from an online auction, you'll need to check preview times or schedule an appointment to see the specific items you expect to buy. Some homes auctioned online are listed as real estate property (REO), which means they are for sale by financial institutions. You can view an auction online and bid on a property from your computer or mobile phone, and you can bid directly on the platform or app.

You may be looking for homes online when you find the perfect listing, and there in the fine print you find that the sale is subject to an auction. With online bids, you can enter your maximum bid and allow the computer to place a bid for you as needed, or simply enter the next incremental bid as you watch the progress of the auction. While it is not clear how long it will take for the real estate market to return to the way it was before, for the time being, if a seller decides to sell their property through auction, then an online auction process will be the norm. Once you find your dream home online and are ready to make an offer, your first step is to create an account on the auction website.

Preview period, also known as Exposure: When auctions were not held 100% online, it was the period when potential buyers could inspect lots in an auction. Simply visit your online account or the Auction Calendar, search for the sale you want, and select “Join the auction”.

Belinda Moskovitz
Belinda Moskovitz

Belinda writes posts for retail, ecommerce, and online auction sites. She's also a music, travel and technology lover. You might find her secretly watching zombie movies.