Property Auctions: How To Bid In Person

How do I bid at an auction if I'm attending in person?

Bidding at an auction if attending in person is very simple. Having made sure you're bidding on the correct lot, all you need to do when the auctioneer invites bids is simply raise your hand or catalog and he will acknowledge you and take your bid from you. When he has a bid from somebody else, he will then come back to you and see if you want to bid again. If you want the auctioneer to go up in smaller increments, simply call out the size of the increment you want, or give out an indication. For example, "...", that means you want to half the increment he's going up with. It's the auctioneer who will decide whether he's going to accept it or not, and he is under no obligation to accept your request. In any event, if you are not happy to bid any further and you have reached your limit, simply shake your head like that, and he will not take any more bids from you. At the very end, just before he knocks the property down, he will probably come back to you to see whether you want to come back into the bidding fray, and he also has a couple of spotters, one on each side of him, looking for people who want to bid. So, the chances of not being involved in the bidding are very remote, if you do in fact want to bid.