Internet / Timed Bidding

Internet bidding approval final cut off 9 am sale day. No exceptions!

To bid on a mobile device you MUST download the Team Auctions App from the Apple AppStore or Google Play Store. Timed Auctions are not available on the Team Auctions App, bids must be placed through a web browser.

ATTENTION ONLINE BIDDERS! Click Here
How to Register for an Auction
How to Bid on a Timed Auction

*Attention Online Bidders*

You MUST register 48 hrs before for every sale to bid online. To do this click “Request to Bid” link for each sale.

Want to be preapproved for the year? Send in your bank letter for approval to: info@teamauctions.com

For questions please contact the office @ 780-542-4337 Or email info@teamauctions.com

For technical support please call 1-844-442-3732

BID LIVE on your phone or tablet in our Live Webcast Auctions using our Mobile Apps.  Download the Team Sekura Auctions app on the Apple AppStore or Google Play Store.

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1.Log In using your registered email address and password. If you are not a registered bidder, click “Sign Up” and complete the required information.

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2.Once logged in to your account, you will need to select “Request to Bid” for the sale you are interested in.

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3.You will need to accept the terms and conditions when you place your request to bid. Even if you are approved to bid, you will not be able to access the webcast until the terms and conditions have been accepted.

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4.If you have requested to bid and accepted the terms, but have not yet been approved, your status will read “Bid Request Pending.” The approval process may take a couple of days. Please make sure that you have submitted the bank letter that guarantees funds.

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5.Once you have been approved and the terms and conditions have been accepted, you will see a button to “Enter Auction” approximately 1 hour before the live online bidding is set to begin. You will need to click this link to access the webcast.

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6.IF you DO NOT wish to bid, but would like to view the auction, click the “Watch Only” button. This will allow you to view the auction, but your bid button will be inactive.

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7.Click on your name in the top right corner. This allows you to view your bidder number and update any account settings.

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Approval Note:
Purchases under $5000 require verbal approval. Purchases over $5,000 will require a bank letter that guarantees funds, equal to or exceeding the estimated purchase amount. Please send in a bank letter for approval to info@teamauctions.com . This letter will then also guarantee your approval for all future 2019 Auctions with Team Auctions.

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1. Click LOG IN to log into your account or click sign up if this is your first time bidding with Team Auctions. Fill out the required information and click submit.


2. Once Logged in or registered, you will see your name in place of sign Up/Log In buttons.


3.If you are registering for the first time, and you want to receive notifications when you are outbid on items in a timed auction, you must NOT check the box to opt out of receiving Autobid notifications.

If you are already registered and are doing your first Online Only Timed Auction, you can make sure you are set to receive Autobid Notifications by going to Account Settings by clicking your name and Account Settings and scrolling to the bottom and ensuring “I do not want to receive email autobid notifications” is not checked.


4.For the Timed Auction, you will see how long the auction has until the lot closes.


5.To participate in the auction, click on the request to bid button. If this is your first auction, you will then be prompted to enter your Credit Card details. If it is not your first auction, you will be taken to the Terms and Conditions.


6.If this is your first time bidding, please ll in your credit card information and your billing address. Your credit card will be processed $1 to confirm its validity. This charge will only be done once upon your initial auction Bid Request with Team Auctions.


7.Next read through the terms and conditions and click accept at the bottom of the screen. We require that if you would like a credit limit higher than $5000 that you provide a Bank letter providing your name and the amount with which you wish to be approved to bid.


8.Once you have accepted the terms, you will be brought into the catalog. Your status will read Request Pending, meaning Team Auctions is reviewing your request and awaiting your bank letter. If you wish to have a credit limit less than $5000, please call 780-542-4337.


9.Once your account has been approved, the Request Pending will change to Place Bid. You will receive an email when your account has been approved to bid. Click on Place Bid to manually type in the amount you wish to bid.


10.To place a bid, click place bid and a field will appear where you can enter in your amount you want to bid. Please note that we do not accept decimal increments, only whole number bids. Click Place Bid again to receive a confirmation of your bid.


11.On the confirmation screen, you will see what the current bid will be with your bid, as well as your maximum bid. You are given an option to have the system bid you up to your maximum for you, or to jump it directly to your max.
Click Raise to $XXX to jump it
or
Click Bid $XX to have the system raise it automatically when other bidders bid against you


12.Once you hit the Bid $XX button, you will see the current bid at the next closest increment and your max bid listed just below that.


13.If you place a bid of $XX with a max of $XXX but your max bid is still below that max of another bidder (in this example, the bidder above has a max of $500 and you bid a max of $450) the bid will go to the next increment and it will show you outbid.


14.When you are the high bidder, you will see the lot you are bidding on surrounded in a Green rectangle
You will also see the Bid Button read Leading Bid


15.Conversely, when you are outbid, the lot will be surrounded with a red rectangle.
You will also see the Bid Button read Out Bid!


16.Please note the term bid extension & that it is used in Timed Auctions. Bid Extension means that the closing time of a lot will be extended if a bid has been placed within the last 1 minute of an auction. The bidding extension process will continue until there is no bidding activity within the last minute.


17.Example of Bidding Extension- Notice this item had a bid placed on it in final minute of being open. The Lot is then marked “Extended” and will start counting down from 1 minute. If another bid is placed on it, the clock will reset to 1 minute until closing.


18.When auctions have several items you are interested, you can click to add them to your Watchlist by clicking “Add to Watchlist” This creates a custom list of items you have added to your Watchlist. If you bid on an item, it is automatically added to your Watchlist.


19.To access your Watchlist, click on your name in the upper right hand corner and select Watched Lots to view your Watchlist. You can place bids on items in the Watchlist. You can also remove Items from your Watchlist by clicking Remove.

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