How does i bidder work

A deposit must be provided when registering to bid. The amount will depend on the reserve price which has been placed on the property and the number of properties you wish to bid on, subject to change. The amount required for any given property is displayed when you click into the relevant property. If you are not the successful bidder on the day of the auction, the deposit will be returned to your card or your bank transfer will be returned in line with our terms and conditions. Our digital platform is secure and efficient, combining cutting-edge technology with market-leading property expertise.

The BidX1 team have sold thousands of assets through the platform, from houses and apartments to offices, industrial units and development sites, as well as large-scale investment portfolios. The process is straight-forward and user-friendly. All bidders register in advance of the auction and provide a deposit, relative to the reserve price of the property. Every bid placed during the auction is logged and displayed on the website in real-time; the process is fully transparent.

You can do so by clicking the 'Sign Up' button at the bottom of every page on our website. We sell a broad mix of commercial and residential properties. Our fees are broken down into an initial entry fee followed by a commission a percentage of the sale price.

Fees vary depending on lot size and property type; this is something that can be further discussed on enquiry. For more information on the benefits of selling with BidX1, or to get in touch with our team about your property, click here. When a lot is sold, a legal and binding contract has been formed: if you are the successful bidder, you are legally obliged to complete the sale. We normally hold open viewings for each property.

Viewing times are listed on the relevant property page. Please note that it may be a few days from the launch of the catalogue before viewing times have been arranged. The vendor's solicitor prepares a legal pack containing special conditions of sale, title deeds, leases etc. The legal pack can be downloaded from the relevant property page. Simply click on the 'View Legal Pack' button below the property summary.

Please note that you will need to create a BidX1 Account to access the legal documents. This is free and takes less than two minutes. Details of the relevant solicitor can be found at the bottom of each property page, under 'Legal Information. If you need to arrange a mortgage, it is important that you obtain a binding offer from your lender before the auction.

Most building societies and banks will wish to instruct a surveyor to prepare a valuation report before making a mortgage offer, so you will need to make your mortgage application as early as possible. You will usually need to complete your purchase four weeks after the auction and should discuss this with your lender to make sure that this will not be a problem. However, the exact closing date for each property will be stated in the Contract for Sale, which is available in the legal pack for each property.

Use TAB key to navigate results. Automatic bidding Stay ahead of the competition by setting up automatic bidding. Retracting a bid Find out how and when you can retract a bid if you make a mistake while bidding. How reserve prices work Discover how reserve prices on auctions work. Tips for winning auctions Improve your chances of being the top bidder with our tips for winning auctions. Frequently Asked Questions Where can I find my bidding history?

Why did the item I was bidding on disappear? Why am I getting a message to contact the seller when trying to place a bid? Why can't I bid in my friend's auction? Can I get an extension on payments due?

How do I close my Account? How do I set up Personal Shopper searches? Why can't I bid on more than 15 items as a new bidder? What is a non-paying bidder? Does shopgoodwill. What are "Ending Today" and "Last Chance" auctions? I tried bidding on an item in the last seconds of an auction but my bid was not accepted. Why did the auction I was bidding on end early? Why did the winning bid win the auction if it was less than the bid increment over my bid? Why won't the system accept my bid?

How do I create a Saved Search? Why was my payment declined? A quick bid allows you to place the next sequential bid on a lot in real time, while a max bid sets the highest bid you are willing to place on an item and continues to bid on your behalf until that bid is exceeded.

For more information on how to bid in an online sale, please visit our buying guide. Once you have created a My Christie's account and registered to bid in a live sale, you can bid in person with a paddle. You can also bid remotely by submitting an absentee bid, signing up for a telephone bid, or bidding via Christie's Live. An absentee bid allows the auctioneer to bid on your behalf up to the highest bid you are willing to place on an object.

If you choose to bid on the telephone, a Christie's employee will call you ahead of your desired lot and bid on your behalf in the sale room while speaking with you on the telephone. Christie's Live is an online bidding platform that allows clients to place bids electronically while viewing the sale livestream.

For more information on how to bid in a live sale, please visit our buying guide. Christie's offers property for sale from over 60 different collecting categories. For a full list of our specialists and categories, please visit our department pages. If you would like to understand whether a specific object is appropriate for sale at Christie's, please visit our auction estimate page to submit photographs and receive a preliminary valuation.

Please note that Christie's sells art from the secondary market. We are not able to consign work from individual artists or their representatives. Before you can register to bid in a sale, you will need to create a My Christie's account. Once you have a Christie's account, complete with relevant identification information, you can register to bid in any sale.

For more information on the account creation and registration process please visit our buying guide.