AuctionLive

What is AuctionLive?

AuctionLive is built for auctioneers who want to combine in-room and online auctions into a single live event. It merges the convenience of online bidding with the energy and atmosphere of a traditional auction room.

Bamboo's AuctionLive applies the power of technology to traditional in-room bidding, delivering a modernised auction experience for bidders wherever they are - whether sitting in the auction room or bidding from home.

Key Features

Live Engagement and Digital Finalisation

Live stream your auction event and engage simultaneously with both in-room and online bidders. Track incoming online bids in real time alongside bids from the room, giving you a complete picture of activity across all channels.

Effortless Setup and Control

Set up and manage your auctions directly from the Bamboo dashboard:

• Arrange lots with drag-and-drop tools to set the running order.
• Move properties from online to in-room with a single click.
• Self-serve registration for in-room bidders, reducing queues and admin on the day.

Reducing Post-Auction Admin

All sales are recorded and finalised digitally through the platform:

• Automatic payment collection from winning bidders.
• Instant contract exchange completed digitally.
• Full audit trail of every bid and transaction.

This significantly reduces the post-auction admin that traditionally follows a live event.

Why Auctioneers Choose AuctionLive

• Single point of registration for both in-room and online auctions - bidders register once regardless of how they participate.
• Biometric ID checks for all bidders at no cost, ensuring AML compliance.
• Automatic payment handling removes the need for manual deposit collection.
• Immediate digital contract exchange speeds up the post-auction process.
• Simple, easy-to-use platform for both auctioneers and bidders.
• Clear and simple pricing with no hidden charges.

Running a Live Auction Event

Before the Event

1. Create an auction event in the dashboard with the event name, date, and time.
2. Add properties as lots and arrange the running order using drag-and-drop.
3. Open registration so bidders can register online ahead of the event.
4. Prepare the venue with live streaming equipment if offering online participation.

On the Day

1. Open in-room registration for bidders arriving at the venue.
2. Launch the live stream to connect online bidders.
3. Run the auction using the ballroom interface, which shows live bids from all channels.
4. Assign winners as the hammer falls on each lot.

After the Event

1. Payments are collected automatically from winning bidders.
2. Contracts are exchanged digitally through the platform.
3. Review auction insights to assess performance and engagement.

Getting Started

To set up AuctionLive for your organisation, contact your Bamboo account manager. They will help you configure your first live auction event and walk you through the platform.