An auction that takes place on-site and online simultaneously. Bidders that choose to participate on-site will bid as they would at a typical on-site auction. Bidders that would like to participate online, will be able to place their bids through the online bidding platform. The bidding platform is often accompanied with a live video and audio stream.
As the auctioneer is bid-calling, a representative from Ashland Auction Group will relay bids to online bidders through the online bidding platform. Additionally, bids placed by online bidders will be relayed to the auctioneer.
Some simulcast auctions may be Virtual Simulcast Auctions. These auctions will be led by an auctioneer via a live video and audio stream, but bidders may not be able to physically be in the presence of the auctioneer as the auction is being held.