'eBidding' vs. 'ePrebidding' vs. 'Traditional' Bidding Styles

  • eBidding: The package will be biddable through your eCatalog only, with bidding opening and closing according to its eCatalog Bidding Window settings. The winner is determined by the highest electronic bid, which will be recorded automatically in ReadySetAuction.
  • ePrebidding: Electronic bidding will begin and end according to the package’s eCatalog Bidding Window settings. After the package’s bidding window has closed, ReadySetAuction will generate a printable bid sheet. When the winner is determined during your traditional auction (by bid sheet or auctioneer), your committee must manually record the final, winning bid.
  • Traditional: Silent bidding via paper bid sheet or live bidding via auctioneer. The package will be biddable in a traditional live/silent auction, and will only be viewable in the eCatalog if ‘Show in eCatalog’ is checked. Auction staff or the auctioneer will be in charge of when bidding begins and ends. ReadySetAuction will generate a printable bid sheet. Your committee must manually record the final, winning bid.

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