live auctions

A live auction is a real-time event where bidders compete to purchase items, such as art, antiques, or collectibles, by placing increasingly higher bids. An auctioneer facilitates the process, announcing each bid and encouraging participants to act quickly. Bidders can attend in person or participate remotely through online platforms. The item goes to the highest bidder once bidding concludes. Live auctions create an energetic environment, often driven by competition and timing, making the buying process dynamic and transparent.