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 | Event Closing BidMed...
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 | Listing Details BidMed...
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...