Heritage Global Partners conducts all of our auctions, embracing the power of the Internet, focusing on easy to use online and webcast auction formats.
Our online auctions offer fast, easy and transparent bidding events. All registered bidders view each lot with clearly delineated high bid and next bid increments. If select assets are offered with reserve, bidders are immediately informed once this increment has been met. HGP auctions are powered by Auction Flex, who manage sales for over 1,000 Auction Houses. For convenience, all existing user registrations there are transferrable to any of our sales.
A sequential lot closing format (one item at a time) is one feature of our online auctions. We also offer a dynamic closing feature, which automatically extends auctions until bidding concludes. These features assure our buyers of normal, traditional closings, without unnecessary confusion.
HGP’s webcast auctions are broadcast worldwide with realtime, global Internet partcipation. Our webcast auctions allow bidders on the factory floor and buyers worldwide an equal and fair bidding environment. All of our webcasts utilize telecom technology, so that auctioneers and bidders can speak to each other to confirm each sale. This transparency verifies the validity and accuracy of each and every sale.
To view our upcoming auction sales and events, click here.