Close xWelcome to GoIndustry DoveBid. Click here to register and continue >>

Internet Webcast Auctions - Applet

Please note that GoIndustry DoveBid operates two differing forms of webcast: (1) Teleconference Phone and (2) Internet Webcast auctions. The sale page will clearly indicate which format is used for the auction in question.

  1. Signing Up
  2. Testing Your Connection
  3. Logging in on Sale Day
  4. The Bidding Applet
  5. Bidding
  6. Absentee/Proxy Bids

Signing up for an Internet Webcast Auction

  • Select the Auction in which you wish to participate
  • Click on the "Register for the Webcast" button
  • Register to create account, agree to terms & get bidder number
  • To bid electronically, you must register online. Bidder numbers obtained from the physical auction site cannot be used online.
  • If you are already registered with GoIndustry DoveBid, select the "Login" option. If you are new to GoIndustry DoveBid, you need to select "Register now" and complete the registration process. Please be sure to complete both steps.
  • Complete the Payment Details form and return to the fax number indicated on the form (this page appears automatically once you accept the Terms and Conditions of Sale). A confirmation email is sent to you thanking you for signing up.
  • Upon receipt of your fully completed Payment Details form, the approval process begins. An email confirming your approval will be sent to you.

Testing Your Connection

We recommend that you perform this simple test. This will help identify any problem with your computer's settings in advance of the sale.

  • Click on the following link: Test My Internet Webcast Connection
  • You will receive an Authentication Certificate from GoIndustry DoveBid. It is important that you accept it (see Figure 1a or 1b below).
  • A popup window appears and runs the test automatically.
  • If the test fails, please contact us using the contact detail that appear in the test window.
Webcast screenshot Webcast screenshot
Figure 1a -Security Warning Microsoft VM Figure 1b -Security Warning Sun VM

Top

Logging in on Sale Day

  • Select the Sale from the Homepage, or from the "MyAccount" section of the website.
  • Activate the "Bid Here" Link that appears under the "Register for the Webcast" button (please note that this link will only appear approximately 2 Hours prior to the sale start time).
  • If you are not already logged in, then log in using your GoIndustry DoveBid Account Name and Password.
  • You will receive an Authentication Certificate from GoIndustry DoveBid (similar to Figure 1a or 1b above). It is important that you accept it.
  • The Bidding Applet will load itself (Figure 2 below).

Webcast screenshot

Figure 2 - GoWebcast Applet

Top

The Bidding Applet

The Bidding Applet is split into 2 parts, the Information Section and the Java Bidding Applet.

The Information Section
This section contains four tabs: Catalogue, My Lots, Sale Details, Help. These pages are independent of the Java Bidding Applet.

Catalogue
The entire Catalogue for the auction is displayed here, and you can select which range of lots you want listed. Clicking on a lot will open up a full size image of that lot.
(Please note: depending on your connection speed to the Internet, viewing the full-sized images will affect the performance of the applet).

My Lots
This section contains an unconfirmed listing of the lots you have won. You will receive your invoice with the confirmed listing the day after the sale ends. For your reference, you can print a copy of this page by activating the "Print" button located at the bottom of the Lot List.

Sale Details
Information specific to the auction in which you are participating is available under this tab.

Help
Information that will assist you with most difficulties you may have. If the answer to your problem is not listed, then please call the technical support number which appears.

The Java Bidding Applet
There are 3 main sections to the Bidding Applet. The Description Section, the Bidding Section and the Messages Section (you may want to view an illustration while you read the following text).

The Description Section

  • The lot number of the current lot(s) for sale is displayed. Important messages about how the lot is being sold is also displayed in the uppermost (green) field of the Bidding Applet.
  • To the top left the image(s) for the lot(s) being sold are displayed. (In the case of multiple lots being sold concurrently, the images will change and the lot number of the lot being displayed is indicated to the bottom right of the image).
  • To the right of the photo, the lot(s) description(s) are displayed.

The Bidding Section

  • To the left of the Bidding Section, the Current Bid amount is displayed; this is the highest bid that the auctioneer has received for the lot. Immediately beneath this amount you can see if the bid is on the Internet or in the Auction Room.
  • Beneath the Current Bid amount, there is a currency conversion. This conversion serves only as a guide. All Invoices are to be settled in the main currency of the Auction.
  • On the right hand side, you will find the "Place Bid" button. Above the button is the "Asking Bid" field. This field indicates the next bid that the Auctioneer is asking for. You can manually enter an amount yourself; but please note the Auctioneer will not always accept bids outside of his established increment.
  • The last part of the Bidding section is the Bid Status section. This field indicates if you are winning the current lot or not. So that it is clear and easy to follow there is a system of statuses:
You are the Highest Bidder
  • You are currently the highest bidder.

You are Not the Highest Bidder
  • You are losing the lot; place another bid.

Congratulations you have won the lot.
Winning bid amount 40 EUR.
  • You have won the lot.

Your bid has been noted by the Auctioneer.
Bid amount 10 EUR.
  • You have been the successful bidder on a lot that is being sold conditionally (See the explanation of conditional sales below).

The Messaging Section

  • Important Broadcast and Auctioneer messages are displayed at the bottom of the applet. These messages are sent to all GoWebcast participants, and are one-way communication only.

Top

Bidding

Placing a Bid
To place a bid, simply activate the "Place Bid" button. This will submit the "Asking Bid" that is displayed in the field above it. It is also possible to enter your own next bid amount manually by clicking within the "Asking Bid" field and typing in your bid amount. Once you have entered your amount, you can then activate the "Place Bid" button. Note: the auctioneer may not accept your increment and will not in any event accept any increments that are less than 50% of the increment he is looking for!

Conditional Sales
Purchasing "Option" Lots
If you have been the successful bidder on lots that have been opened with an Option, you will receive a popup window requesting the number of lots for the same price per lot you wish to take (see Figure 3 below). Simply enter the number of lots you wish to purchase, and then click the "Send Message" button. You have 20 seconds to respond; if you fail to respond within this time, you will receive the first lot by default.

Webcast screenshot

Figure 3 - "Option" Lot message window

Purchasing "Choice" Lots
If you have been the successful bidder on lots that have been opened with a Choice, you will receive a popup window requesting which lots for the same price per lot you wish to take (see Figure 4 below). Simply select the tick boxes of the lots you wish to purchase, and then click the "Send Message" button. You have 20 seconds to respond; if you fail to respond within this time, you will receive the first lot by default. By selecting the "all" option, every available lot is selected.

Webcast screenshot

Figure 4 - "Choice" Lot message window

Important Auctioneering Terms

"Conditional Sale of Lots"
Any lot(s) sold conditionally are subject to approval by the seller after the auction. If you have been the highest bidder, the auctioneer will have made a note of your bid. Once the sale has been approved, you will receive confirmation from the Auctioneer. Under the "My Lots" tab, these lots will show "yes" in the "Sold Conditionally" Column. Please pay particular attention to the number of pieces in lots that are being offered with "Option" or "Choice".

"Times the Money Bid"
This term is commonly used in the United States. If a lot with more than one piece is being sold with "times the money bid," then the total amount to be paid will be the winning bid amount times the number of pieces in the lot.

  • Example: Lot #1 has 4 pieces. You win the lot for 50 USD; the total amount to be paid will be 50 USD x 4 = 200 USD.

"One Money"
This Term is commonly used in the United States. It is the opposite of "times the money bid". If a lot with more than once piece is being sold with "One Money" the total amount to be paid will be the winning bid amount only.

  • Example: Lot #2 has 4 pieces. You win the lot for 50 USD; the total amount to be paid will be 50 USD.

Top

Absentee/Proxy Bids

If you are unable to participate in an Internet Webcast auction, you do have the option (only if you have been approved) to place absentee/proxy bids.

Absentee bids/proxy bids are intended only for bidders who cannot bid on the day of the sale.

All bids are final and binding. Please re-read the description and re-check the quantity before placing a bid.

No bids include any applicable buyer's premiums and sales taxes. the applicable buyer's premium is indicated in the auction brochure or on the website. These items will be included on your invoice if your bid(s) are successful.

No warranties are made as to the merchantability of any item(s) being auctioned or their fitness for any particular purpose.

Arrangements for removal and shipment of purchased item(s) will be the sole responsibility of the buyer pursuant to and as part of the contract of sale.

Proxy bids are subject to a 25% deposit in advance. successful bidders will have this amount applied towards their balance. unsuccessful bidders will have their deposit returned. instructions and forms for submitting absentee/proxy bids can be found on the individual event page.

The auctioneer determines the price. Opening bids (minimum price),increments and minimum number of items you must purchase will be set by the auctioneer when the asset is placed up for sale. It all happens in real-time.

The auctioneer determines who wins. The auctioneer has complete discretion when to accept proxy bids. In addition, the auctioneer's announcements at the time the lot is sold take precedence on any and all published materials. There is no substitute for participating in an auction in person.

Top

Change to English Change to English Changer en français Wechseln Sie zu Deutsch Cambia in italiano Cambiar a Español เปลี่ยนเป็นภาษาไทย 切換到中文 日本語に変更 한국어 변경
FooterLiquidity ServicesLiquidation.comLGov DealsLNetwork InternationalLGovernment LiquidationLTruck Center.com