What is the right auction type for me: timed auction or live auction?

The right auction type depends on how you want your auction to run and how bidders will take part.

On Indy.auction, timed and live auctions are set up for different selling scenarios.

Timed auctions (online)

Timed auctions run fully online over a set period. Lots close automatically, with optional bidding extensions to prevent last-minute bidding.

A timed auction is usually right for you if:

• You are running an online-only sale

• Your bidders are based in different locations or time zones

• You want to give buyers time to browse, research and bid

• You want a straightforward setup with no live event

Timed auctions are a strong fit for sellers who want flexibility, reach and a clear, self-managed auction process.

Live auctions (with online bidding)

Live auctions are built around a live auction event. You can accept absentee and telephone bids in advance, then allow online bidders to follow the sale and bid in real time as lots go live.

A live auction is usually right for you if:

• You already have a live auction or auctioneer

• The auction is driven by the pace and energy of a live room

• Online bidding is there to support the live event, not replace it

In this format, the live auction leads. Online bidders take part alongside the room.

How to choose

If your auction is designed to run online from start to finish, a timed auction is the right place to start.
If your auction centres on a live event, a live auction will suit you better.

Both formats are proven. The best choice is the one that matches how your bidders expect to engage.