What Is Online Pre-Bidding?
Online Pre-Bidding is something used with Silent Item and Live Item types. It often helps generate a higher Starting Bid and more interest in these items leading up to an in-person event where the items will have their Final Bids recorded.
The general idea is these "biddable" items, which generally have their final bids placed at an in-person event, are available to be previewed online before the event starts. The "pre-bidding" part allows bidders to place bids for these items before the event; and, the respective highest bids would be considered the Starting Bids of these items at the in-person event and if the item's online bidding end time has passed.
The Online Bidding End Time would be taken from the default auction online bidding end time or from the item's Override Online Bidding End Time.
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Reviewed: February 2023