simulcast auction

by Innova Technologies

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simulcast auction

  • Joined Jan 2022
  • Published Books 3

In a simulcast auction, buyers from different locations can take part simultaneously online. Participants can place bids on products from anywhere in the world at the same time thanks to the seamless integration of modern technology and the time-honoured tradition of the live auction. Simulcasting allows prospective buyers to see auctions online and place bids without physically attending the event. Everything from automobiles and home furnishings to livestock and fine jewellery can be offered in a live or online auction that is broadcast in real-time. Both vendors who want to reach as many people as possible with their wares and purchasers who want to save money favour this type of auction.

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