What is an auction paddle?

noun. A paddle-shaped baton, typically marked with an identifying number, used to signal bids at auctions. ‘Bidders attending the auction will be required to register for a bidding paddle prior to the auction. ‘

What is a bidding paddle called?

When bidding at a live auction you are generally provided with a bid number. The number can be on a bid card, bid paddle or other item. Depending on the area of the Country, the term is generally called bid number or bid paddle. They are basically the same.

What happens if you are the only bidder at an auction?

The vendor will only put the property on the market if they think there is more than one bidder at the auction. If you are the only genuine bidder, the property will ultimately be passed in to you and the agents will try to squeeze your offer up.

Who are bidders in an auction?

In a market, a bidder is a party offering to buy an asset from a seller at a specific price. A bidder can be an individual or organization, and the potential purchase can be part of a multiparty transaction or an auction. In most cases, the party selling the asset chooses the bidder who offers the highest price.

What is a paddle number?

Your auction paddle number is the identifying number unique to you for each auction you sign up for. You can see your Paddle Number in the top right corner of the Live Bidding applet during a live auction. Otherwise, you will need to reach out to the auctioneer directly to find out your paddle number.

How does a paddle auction work?

You’ll pay a rental fee of $5 for the paddle and you’ll return the paddle at the end of the auction. The person selling the paddles will put a corresponding numbered chip into a bucket. When the auction begins, each item will be displayed to the crowd and auctioned off.

What should you not do at an auction?

7 Things You Should Never Do at Auction

• Don’t talk to your partner.
• Don’t phone a friend.
• Don’t let your body language give you away.
• Don’t bring the whole family along.
• Don’t dress up to the nines.
• Don’t be rude to the auctioneer.
• Don’t make silly bids.

Can you go to an auction without bidding?

Auctions aren’t all about being an unstoppable whirlwind of bids. Once you have registered for an auction, you are under no obligation to actually bid at it. Once the property passes in, many people think that it is only the highest bidder that gets to negotiate with the vendor.

What do you call people who attend an auction?

Bid Caller: The person who actually “calls,” “cries” or “auctions” the property at an auction, recognizing bidders and acknowledging the highest bidder. Commonly known as the auctioneer.

What do you hold up at an auction?

The auctioneer will usually start asking for a higher price and will then come down to a lower price. When you feel you are willing to give an asked amount for any item you should hold up your hand and wave it, wave your card, or nod your head.

What kind of bidding paddles do I need for auction?

Check out our variety of Auction Bidding Paddles. All your bases are covered here with our One-Piece and Two-Piece options. Choose from single or double sided prints. Many shape options available for your bidding paddles, and the option to customize can make your event unique.

Who are the manufacturers of custom auction paddles?

Better Bidders, Inc. is a manufacturer of custom auction paddles, promotional “fans”, special event signage, and custom sign production.

What kind of bidding paddles are available at Kiefer auction?

Choose from single or double sided prints. Many shape options available for your bidding paddles, and the option to customize can make your event unique. Contact our customer service team at 218-736-7000 to discuss your options.

Where can I get a bidder card for an auction?

BenefitBidding.com Nonprofit Auctioneers for mobile, online, silent and/or live auctions, large or small, worldwide or local. We can provide Bidder Cards. BenefitBidding.com Nonprofit Auctioneers for mobile, online, silent and/or live auctions, large or small, worldwide or local. We can provide Bidder Cards. Look at those beautiful bidder cards!