OCALA, Fla., Nov. 13, 2019 /PRNewswire/ -- HiBid.com sold over $20.7 million (gross auction proceeds) in equipment and other auction goods in last week's online-only and webcast auctions. In total, HiBid hosted 576 auctions from November 4th through the 10th. Throughout the entire week, an average of approximately 426,000 bidders per day took part, placing bids on more than 169,000 lots. Saturday sales alone reached record numbers, with over 765,000 bids placed by nearly 482,000 bidders.
November 4th-10th HiBid.com Highlights Gross auction proceeds: $20,762,007 (USD) Gross merchandise volume: $31,290,291 (USD) Lots sold: 169,448 Online-only auctions: 522 Webcast auctions: 54 Average bidders per day: 426,000 Average bids per day: 677,000
Upcoming Featured Auctions What follows is a sampling of upcoming Featured Auctions on HiBid.com, where individuals will have the opportunity to bid on a wide range of items, including fine art, collectibles, home furnishings, office furniture, cars, trucks, and firearms.
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, products of Sandhills Global, were built from the ground up to function together seamlessly.