Pre-Bidding

If you are interested in bidding in our Timed Online Only Auctions please click here.

Before you can leave a pre-bid online you will need to:

1. Sign in or create an online account

Sign into your online account or create an online account, it is quick and easy to do. Save your searches, add items to a watchlist, register for auctions and leave pre-bids.

2. Register for the auction

You will need to register for the auction you are interested in, simply click the ‘Register to bid’ button at the top of your screen and choose your auction. Registration requirements and terms.

3. Card Approval / Pay your deposit

If you are a first-time bidder or have not purchased with us in over two years you will need to either verify your credit card or pay a deposit, depending on your required bidding limit.  If you have purchased with us in the last two years and would like to increase your bidding limit, you may be required to pay a deposit.

• Bidding Limit Up To $50,000 - Card Verification Required

You will need to verify your credit card details to allow a bidding limit up to and including a $50,000.

Please click here to verify your details.

Please note in certain circumstances we may still require a deposit. You will be informed of this at the time. 

• Bidding Limit Above $50,000 - Deposit Payment Required

Depending on your preferred credit limit you may be required to pay a deposit. The deposit dictates the credit limit.

$10,000 deposit equals a $100,000 credit limit. 

The deposit will be returned at the conclusion of the auction and must be in the form of cash, certified check or bank wire. We also accept credit card deposits via our Online Payment System. 

4. Approved to bid

You will receive confirmation by email when you have been approved to bid. You can now login and leave your pre-bid.

5. Lot Numbers

Find the item you are interested in and click the green ‘Pre-Bid Now' button. Follow the directions on the screen and enter the MAXIMUM amount you wish to bid.

6. Bidding

A Pre-Bid is the maximum bid and by placing a Pre-Bid you consent to Yoder & Frey bidding on your behalf up to the maximum amount specified by you.

Pre-Bidding will continue up to when the lot is open for 'Live Bidding'.

Any description changes made to lots with pre-bids placed on them will make the pre-bid invalid and the Pre-Bidder will be notified of the change by email.

Yoder & Frey will email the Pre-Bidder when their bid has been received and outbid.

7. Choice Groups

All stock is sold in lot number order. Items that are similar can be sold as a Choice Group. The winning bidder on a choice group can choose one or more of the items, each sold at the winning bid price. Any lots not taken in the choice group are offered to the runner-up bidder at the same price. If not taken the auctioneer will start the bidding process again on the remaining items.

If you wish to leave a pre-bid on lots in a choice group you must leave a bid on each lot.

Example:

• Choice Group of 3.
• If you want all 3, you must place 3 bids.
• If you place a bid on just 1 lot in the choice, the other items could possibly sell for lower than your pre-bid, because they went to the higher bidder or runner up at the start of the Group lots.
• Choice lots can be cancelled or increased by the auctioneer at the time of sale.

8. Invoices

If you are the highest bidder, you will be issued an invoice. All invoices must be paid in advance before goods can be collected.