Whether you are participating in a public auction for the first time or you are already an experienced bidding expert, taking part in an online auction is always exciting and full of opportunities. Ultimately, it’s all about winning that one desirable lot. And with the right approach, you can significantly increase your chances. By bidding strategically and preparing well, you ensure that you strike at exactly the right moment and secure your favorite lot.

In this article, we share five tips to help you win an auction.

1. Keep an eye on the auction calendar

Do you want to increase your chances? Then it’s important to regularly check the auction calendar. This way, you know exactly when an auction starts and you’re ready to place your bid as soon as the time comes. Good preparation is half the work and can give you the edge you need to win the lot.

2. Inspect the lot carefully

If you have your eye on a lot, a thorough inspection is essential before placing a bid. Take the time to carefully review the photos and descriptions. Are there viewing days? Make use of them. This allows you to examine the lots up close and know exactly what you are bidding on.

3. Add the lot to your favorites

At Troostwijk Auctions, you can follow lots and add them to your list of favorites. This ensures that you automatically receive updates when a lot becomes available or when an auction is about to close. By planning strategically this way, you won’t miss any opportunities.

4. Use automatic bidding

A useful feature at Troostwijk Auctions is automatic bidding. This means you set a maximum amount, and bids will automatically be placed on your behalf until the maximum amount is reached. Automatic bidding not only saves time but also prevents you from unintentionally exceeding your budget.

5. Keep track of the time

Timing is crucial in a public auction. You can only place bids within a limited time period. Therefore, keep a close eye on when a lot closes and make sure to place your bids in time. This increases your chances of staying ahead of the competition and placing the winning bid.

Start bidding at Troostwijk Auctions

With these five tips, you increase your chances of placing the winning bid at an online auction. Curious about what Troostwijk Auctions has to offer and want to participate in auctions? Take a look at our online auction calendar and start bidding today. Good luck!