Live webcast auctions are traditional room-based auctions broadcast by BidSpotter.com. You can bid at the auction over the internet in real time. Live audio and video feeds relay the atmosphere in the auction room as it unfolds.
Timed online auctions take place without an auctioneer calling the sale. Each lot can be bid on for a defined time period. At the end of this period, the bidder who has submitted the highest bid wins the lot, provided that the bid exceeds the reserve price.