Way to go REA!!

Aquarian Sports Cards · #1 01-28-2020, 12:08 AM

Quote:

Originally Posted by jerrys

Why not have an auction that is done by professional auctioneers such as Invaluable.com? Lots auctioned off in order throughout the day. All eyes together that wish to see any lot being auctioned or want to bid may do so during that same minute. No anxiety. The best.

I am a licensed and bonded auctioneer. A member of my state's auctioneers association who also teaches at one of the three accredited auctioneer programs in the state. Is that professional enough for you?

Invaluable is one tool, used often for live simulcast auctions and completely unfeasible for large auctions. When I do live auctions I am fairly fast and do a little over 100 lots an hour. To do even 1000 lots in simulcast (which is slower than live only) would take at LEAST 10 hours with no way of perfectly predicting when any given lot would come up. Now imagine a 3000 or 4000 lot auction?

Many "professional" auctioneers use services like Proxibid or HiBid which, with some small differences, run similarly to the major auction houses independent sites.

iowadoc77 · #2 01-28-2020, 06:36 AM

I really like the live format. But it sucks during the week for those who have a rigid work schedule and can�t follow along. And a great point that it would take a LONG time for 3000 lots to be auctioned live. Probably not practical.
The hard close at midnight is brutal. I have gotten sniped as many have I am sure with 3 seconds left and no more chances.
I applaud REA for trying to switch things up.