BKB ONLINE AUCTIONS is an easy-to-use online platform where you can bid on wool, mohair, and other farm-related products silently—without a live auctioneer. A silent, or timed auction, is an auction where bids are placed over a specific time period, rather than live, with a live auctioneer. The highest bidder at the end of the designated time wins the item, provided the bid meets or exceeds the reserve price. This type of auction allows for more flexible bidding, as bidders can place bids at any time before the auction closes. This platform is a secure place for buyers to connect and trade goods smoothly and effi ciently.
What is a Silent or Timed Auction?
BKB ONLINE AUCTIONS are silent, timed auctions. Each auction event displays lots for buyers to look at and bid on quietly, by phone or computer. There’s no shouting or auctioneer suggesting what to bid. Instead, everyone submits their bids digitally, at their own pace, during the set auction time.
How Does BKB ONLINE AUCTIONS Work?
Viewing Items
You can browse lots of wool, mohair, and farm products, with details and estimated prices to help you decide.
Placing Bids
You enter your bids electronically. You can set your maximum bid or increase your bid little by little through the platform.
Bidding Process
The system shows the highest bid live, and automatically increases bids in small steps (usually around 10% of the item’s value). You can also set a minimum bid, often around 30-50% of the item’s value, to start the bidding.
Winning
When the auction ends, the highest bid wins each lot. You can choose to use automatic bidding (proxy bidding), where the system bids for you up to your maximum.
Why Use BKB ONLINE AUCTIONS?
Bid From Anywhere
You can join and place bids anytime during the auction, whether you’re at home or out in the field.
Fair and Secure
All bids are recorded safely and kept anonymous, so everyone has a fair chance.
Better Prices
The platform helps you get the best price for wool, mohair, or other farm goods through competitive bidding.
Tips for Bidding Successfully
- Set a clear limit of what you’re willing to spend before bidding.
- Know the approximate market value of the items you’re interested in.
- Be confident and strategic—set your maximum bid early. If you want, group up with others for bigger lots.
- Use automatic bids to save time and avoid last-minute rushes.
Register To Bid
Sign up to take part in our upcoming auctions to buy top-quality wool, mohair, and farm-related products.
BKB ONLINE AUCTIONS makes bidding simple, safe, and quick-helping you get the best deal.
Please provide your name, email address, and contact phone number, and we will get in touch with you shortly.