by Gauk
Mon, Aug 29, 2016 5:10 AM

What is Simulcast bidding for the Motor Trade

Exclusive to Motor Trade customers only, Simulcast is an internet–based service that allows a buyer to “attend” a physical auction from the comfort of their own office.

More car auctioneers are using the very latest online broadcast technology. Simulcast is a streaming service that allows the buyer to see and hear all the action from the Auction Hall and then, with the click of a mouse, bid and buy cars or commercial vehicles in real–time, competing against other online buyers as well as buyers who are actually in the Hall. Each Simulcast bid is immediately registered in the Auction Hall by a large plasma screen that flashes red.

The advantages of Simulcast are:

  • Provision of visual and audio access to physical auctions from anywhere in the world
  • Ability to view fully detailed condition reports of vehicles of interest
  • Participation in the sale by simply clicking your mouse to bid and buy vehicles
  • Monitor activity in the marketplace, to “keep your finger on the pulse”.

So if you can’t leave the office, have a prior engagement or simply won’t want to waste time travelling, Simulcast allows you to “be there, when you’re not there!”

published by Gauk