After registering for BidSpotter.com, check to make sure you’re logged in. Navigate to the auction you’re interested in and click the Sign up to bid button and complete the auctioneer’s sign up form. Once you’ve been approved by the auctioneer, you can participate within the auction.
For lots of interest, you will see a Current Bid price displayed which is the current lead amount for this asset. Below that there is a field labeled Maximum Bid where you have a few options: You can either place a bid with the next increment amount (shown below this box) or add a higher bid amount within the proper increment. Press the blue Place bid button to confirm your bid. You will be notified if your bid is off increment.
The Maximum Bid function allows BidSpotter to bid on your behalf up to your ‘maximum bid’ which you select. BidSpotter will only bid what is necessary to ensure you meet the reserve price and remain in the lead.
And don’t worry – you will be notified via email if another bidder places a bid higher than your ‘maximum bid’.