Registration
Registration for our auctions is simple and only takes a few simple steps. First, select the ‘Sign Up’ section in the top banner of the website and you will be directed to the ‘Sign Up’ page. Complete the requested fields such as your name and email and then set a password. Read and agree to our terms and conditions, select the tick box and click the ‘Sign Up’ button. You will then be taken to the upcoming auctions page where you select the ‘Register To Bid’ button for the auction you would like to bid in. Then complete the blank fields, including your address and security card details. Read and agree to our terms and conditions, indicate that you are 18 years or older by selecting the tick box and clicking the ‘Register’ button. You will then be registered and able to bid on auction lots.
Bidding
We are currently conducting all auctions in a timed online-only format. A timed online only auction is automated and takes place solely online through our website. The bidding for each lot is opened at a predetermined level set by the auctioneer, for a set period of time. During this period of open bidding, you will be able to see the current bid on each lot. You may place a higher bid at the defined bidding increment you choose. Bidders are automatically informed by email or push notification if they are the winning bidder, or if they have been outbid by another competing bidder. At the end of the defined bidding period, if the highest bid offered meets the minimum price designated by the Auctioneer. (i.e the seller’s reserve price), the lot is sold. Bidding on all lots in a timed online auction will close at a specified time. If a bid is placed on a lot within a specific time before closing, the bidding may automatically be extended for a set period of time to facilitate the last-minute bidding. The length of extended bidding is set by the Auctioneer before the opening of the auction.
Main Steps
- Log in or register for a Herman’s Account (A valid credit/debit card is required)
- Visit the timed online auction catalogue within the Upcoming Auctions tab.
- Find the lot number you are interested in.
- Place your maximum bid, the current lead bid will be displayed.
Placing Maximum Bids
Placing your maximum bid, will allow the system will automatically adjust your bid to reflect the next winning bid increment which could be lower than your maximum bid. Your bid will automatically increase should someone else bid, only up to your maximum bid.
Example: Bidder 1 leaves a maximum bid of €1000, bidder 2 leaves a maximum bid of €2000 on the same lot. Bidder 1 is now knocked out of the lead and Bidder 2 holds the current winning bid that auto-adjusts to €1100 (which is not their maximum bid). The system auto-adjusts the bid to the next winning increment. Bidder 2’s bid will only be further executed if another user bids above their current bid of €1100 up to their maximum bid of €2000, after which they will be knocked out and an email will be issued advising them to increase their bid.
- If you are outbid you will be notified immediately by push notification and/ or email.
- To increase your bid, simply log back in and up your bid.
Successful bidders
When the timed auction finishes, winning bidders will be notified by email. Buyer’s Premium at the rate set out in the Terms & Conditions of Sale will be added to your winning bid amount. An invoice will issue, and you can securely pay online through our website. Your invoice email will detail all the payment and collection particulars for each specific auction.