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June 2020

Over 750,000 Lots & $85.6 Million in Auction Goods Sold Through HiBid in September

OCALA, Florida — October 2, 2019 recently wrapped up a successful month of auction sales, further adding to the over $1 billion in gross merchandise volume for 2019. The online auction platform reached this milestone during the month of September.

Throughout September, over $85.6 million (gross auction proceeds) in assets were sold through HiBid during online-only and webcast auctions. Items sold included trucks, recreational vehicles, jewelry, sporting goods, firearms, vintage metal signs, and collectibles, among a wide range of other goods. An average of 385,000 bidders per day participated in the September auctions, bidding on 758,942 lots.

September Auction Stats

Gross Auction Proceeds: $85,682,623 (USD)
Gross Merchandise Volume: $129,262,279 (USD)
Lots Sold: 758,942
Online-Only Auctions: 2,341
Webcast Auctions: 271
Average Bidders Per Day: 385,000
Average Bids Per Day: 621,000

Featured Auctions From September

Tuesday Night Madness Estates & More Online Auction
Seller: RMEB Inc. Whitley Auction
Date: September 6-17, 2019
Lots: 917
View Auction Items

Trucks & Auto Auction
Seller: Musser Bros. Inc.
Date: September 24, 2019
Lots: 101
View Auction Items

Boyd’s Biannual Barn Auction
Seller: Boyd's Auctions
Date: September 3-20, 2019
Lots: 59
View Auction Items

Matsler Hunting Ranch Estate Sale
Seller: Rusty By Design
Date: September 9-16, 2019
Lots: 692
View Auction Items

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About HiBid & Auction Flex

Auction Flex is the market-leader in auction software for live auctions, with capabilities that include cataloging, clerking, cashiering, accounting, mailing list management, inventory management, multi-parcel, and more. Auction Flex also provides a seamless solution that enables auction houses to upload auction catalogs online and accept internet absentee bids, conduct internet-only auctions, or offer webcast live internet bidding through its integrated web service and internet bidding solution—HiBid (both a private-label solution and a portal). Auction Flex and HiBid were built from the ground up to function together seamlessly.

Contact Auction Flex

(352) 414-1947
[email protected]