Limit

• The maximum amount up to which the system will bid on your behalf.
• Applies only during the live auction.
• Its value is not visible to other users.
• It can be freely modified or removed until the live bidding for that specific lot begins.

Offer –Bid now

• The maximum amount up to which the system will bid on your behalf.
• Applies during the pre-auction and live auction.
• It increases the starting price of the lot in the pre-auction.
• Its current value is not disclosed to other users, only the current price is visible.
• Placing it is binding and equivalent to concluding a purchase agreement. It cannot be withdrawn or reduced below the current price of the item.
• If your maximum amount is not exceeded during the pre-auction, your offer will function similarly to a Limit once the live auction begins.
• If another bidder sets the same Limit amount, the Offer will take precedence.

Whether it’s a Limit or an Offer (Bid now), the system will not immediately use the maximum amount you’ve specified. It will place bids on your behalf in order to win at the lowest possible price, and that is the amount you will pay if you win. The same bidding automation was used for incremental bids during the pre-auction and the live auction.

If you place both a limit and an offer for the same lot, the system will ignore the lower of the two and ensure that your offer and limit do not outbid each other.