rking. BidMed Technology Archives | bidmed.com
How to Bid in Timed Auction Events

How to Bid in Timed Auction Events

Sealed Bid Special Events gather live bids from participants for a set period of time. BidMed’s automated bidding system makes the process simple and easy. There are four general steps for events: Register | View Listings | Submit Bids |...
How to Participate in Sealed Bid Events

How to Participate in Sealed Bid Events

Sealed Bid Special Events collect offers from buyers until a set closing date. Offers are then assessed by the seller, who will determine winners for each asset. These winners may be chosen on criteria beyond just the offered price, including buyer reputation. There...
Anatomy of Special Events

Anatomy of Special Events

Special Events are large-scale sales with a set time frame for multiple listings. These are often the result of facility liquidations due to a closure or move. Events are structured to include three main parts: Event Details | Event Listings |...
Post-Sale Processing for the BidMed Exchange

Post-Sale Processing for the BidMed Exchange

When a sale on the BidMed Exchange ends, what happens next? How does payment work, how do the buyer and seller get in contact, and how does the buyer receive their new purchase? Here are the 3 main steps that happen following the close of a listing: SMS Update |...
Tracking Bids – Am I Winning?

Tracking Bids – Am I Winning?

Note, this post refers to Auction sale types only and is not applicable to Best Offer or Buy Now listings. So you’ve found just the right asset that fits your needs and budget, and you’ve submitted your bid on the BidMed Exchange – congratulations! But how do you know...
Post-Sale Processing for Special Events

Post-Sale Processing for Special Events

When a Special Event ends, what happens next? How are winners notified, how does payment work, and how do you get your equipment? Here are the 3 main steps that happen following the close of a listing: Closing Notifications | Invoicing + Payment | Pickup + Shipping...