Return on Investment
Higher Hammer Prices
Growth in Sales
Grow Your Business with Automated Timed Auctions
Auction houses such as Hindman, Alderfer Auction and Nye & Company are maximizing their earnings on LiveAuctioneers through timed auctions with reserve prices.
This technology is proved to be the most efficient option in the market, with an average sell-through rate of 82%, 224% higher than those seen in other online bidding platforms.
LiveAuctioneer’s Timed Auctions enable auction house partners to:
- Run auctions without the need of a live clerk.
- Collect bids on your website and on LiveAuctioneers.
- Simulate the energy of a live auction.
- Minimize the possibility of human error.
Grow Auction Revenue
The Most Engaging Timed Auction Service in the Market
Auction houses have seen a 17% increase in sell-through rates via timed auctions on LiveAuctioneers, with 45% more growth than that seen on other platforms like Invaluable.
Timely outbid alerts, simulated live auction clerking, hidden reserves, and mobile app bidding are just some of the ways LiveAuctioneers ensures average hammer prices 74% higher than those seen in timed auctions on other platforms.