What is Timed Auction Software?
Timed auction software allows you to run an 100% online auction without an auctioneer.
Online bidders will view and bid straight from your own branded website, which will display all of the auction lot descriptions, images, videos and PDF’s.
The beauty of timed online auction software is that it is largely automated, following a set-and-forget format. This means once you have set the timed online auction up, it will run itself, allowing you to concentrate your energy on auction marketing activities. Another advantage is that timed auction software will allow you to scale your auction business beyond the physical constraints of a room, warehouse or region.
Timed Auctions feature many options included in your Webtron auction software package, such as: lot bid extension (to prevent bid sniping), lot staggering (to spread the closing of your lots over a greater time period to maximise prices), and outbid email alerts (to ensure bidders are informed when they are outbid).
Let your website do the work for you
Automating online sales and expanding your auction business online is simple with the help of our fantastic timed auction software.
We have more than 15 years of expertise offering online timed auction software to auctioneers all around the world. Online auctions are a terrific method to sell quickly and with little hassle.
Our software provides a wide range of features and functionalities to meet the needs of both your company and bidders.
Our system offers the functionality for you to build a fantastic timed online auction atmosphere, regardless of whether you’re an experienced auctioneer or just getting your company off the ground.
⏱ Timed Online Auctions
+ 🎥 Webcast Auctions
☁️ All in one cloud-based system
👩💻 Sleek and modern user bidding interface
✅ Everything you need & will run from your own website
🏷 White-Label Auction Software – value and protect your bidders and IP (not a group site 
)
Modern, works on all devices. No need to frustrate bidders by downloading any apps
🧑💻 Includes Setup, Training & Local Ongoing Support
🧾 Auction invoicing and reporting
🖥 Websites and marketing
😊 Simple for Bidders and Powerful for Auctioneers
Below are online timed auction software features that come as standard:
✔︎ Fast Bulk image importing, Lot uploading and Auction setup
✔︎ Sleek and modern bidder interface
✔︎ Add as many pictures, PDF’s and videos per lot as you like
✔︎ Email outbid notifications
✔︎ Lot staggering (close lots off sequentially or in batches)
✔︎ Bidders can quickly search and smart filter lots by keyword or category
✔︎ Bid extension (prevents bid sniping)
✔︎ Built-in optional invoicing
✔︎ Run as many concurrent auctions as you like, as often as you like
✔︎ App-free bidding, meaning your auctions will work on all modern browsers and devices (desktops, tablets and mobile)
✔︎ Highly scalable solution and robust infrastructure
✔︎ Easy to use, stylish and intuitive bidder interface
✔︎ White Label Auction Software and runs from your own website
New Webtron version 8.0AI!
There has never been a better time to upgrade your online auction software to Webtron’s v8.0AI newest auction software release.
Take your online auction business to the next level, and be one of the first to use artificial intelligence general auctioneers just like you.
It’s ‘Simple for bidders and powerful for auctioneers’.
Get in touch and arrange a demo for your business today.
FAQs
Timed auction software allows an auctioneer to run an online auction over a set period of time. The auction items each have countdown timers, during which time bidders can place bids online.
Timed auctions run in a set-and-forget format. The software manages the bidding process for you, with no need for an auctioneer to be calling the auction.
All lots will be assigned a starting price and increment. Bidders can then place bids on items via their online auction account, bidding against other online bidders. They receive email notifications if they are outbid, and can come back to the lots and increase their bids if they wish. The auction continues until the set time runs out, at which point the lots close and no further bidding occurs.
1. Increased reach and visibility: Timed auction software enables auctions to be conducted online, which means they can be accessed by anyone with an internet connection, regardless of their location. This can increase the number of bidders and potential buyers.
2. Convenience: Online auctions using timed auction software allow bidders to participate from the comfort of their own home or office, without the need to attend a physical auction in person.
3. Efficiency: The software automates the bidding process, which saves time and reduces the workload for auctioneers. This allows them to manage more auctions, increase their revenue, and streamline their operations.
4. Increased revenue: Online auctions using timed auction software can attract more bidders and buyers, resulting in increased competition for items and potentially higher final sale prices.
5. Flexibility: Timed auction software enables auctioneers to set the auction duration, start time, and end time according to their preferences, giving them greater flexibility in managing their auctions.
6. Security: Timed auction software uses secure payment processing systems and other measures to protect against fraud and ensure that transactions are safe and secure.
7. Transparency: The software provides real-time bidding updates and transparency in the auction process, ensuring that buyers and sellers have access to all the information they need to make informed decisions.
8. Record keeping: The software generates reports and records to help auctioneers manage their auctions, keep track of their transactions, and maintain accurate records for tax and accounting purposes.
1. Registration: Bidders must register for the auction before they can participate, providing their contact information.
2. Item listing: The items being auctioned are listed on the auction website, along with descriptions, images, videos and PDFs.
3. Bidding: Bidders can place their bids online during the auction period. The timed auction software manages the bidding process, including notifying bidders of new bids and updating the current bid amount in real-time. Bidders can choose to place a single bid or set a maximum bid amount, which the software will automatically increase as needed until the maximum bid is reached or exceeded.
4. Auto-extend feature: Our timed auction software includes an optional bid extension feature. This will extend the duration of an item if a last-minute bid is placed on that item. This prevents bid sniping and encourages increased competition amongst bidders.