About Online Auctions

Virtual Auction…The future of online auctions.

Virtual Auction has created a technology that mirrors “brick and mortar” auctions.  This software brings all the excitement of a traditional auction to the online world by creating a real-time auction led by a virtual auctioneer.  It’s the next step in the auction evolution.

Virtual Auction uses LIVE online auctions versus the timed eBay style.  The timed model, which happens over time, can be slow and uneventful until the final few moments when bidders snipe in with a bid at the last second. Virtual Auction establishes a live real-time competitive environment which creates a sense of urgency to drive prices higher.  Bidders are also engaged with the virtual auctioneer and enjoy the more interactive environment that this platform, complete with virtual auctioneer, provides for the user.  This is also a fast auction, so liquidation happens quickly over a matter of minutes instead of days.

ONLINE ONLY auctions save money. Whether the customer is auctioning a few lots or hundreds of lots, this tool is an extremely cost effective way to auction.  Since its fully online service, they will save in overhead. Whether you are an auction house supporting the overhead of the ballroom or a real-estate firm who is paying broker fees, it eliminates the middleman and increases revenue. Virtual Auction allows you to run unlimited auctions 24/7 and this internet technology provides millions of buyers around the world access to those auctions…providing unlimited earning potential.  Virtual auction is rolling out an “auctioncast” model in the near future as well to compliment this service.

Virtual Auction has web-based EASY TO USE technology and a turnkey setup.  Integration into an existing business is easy.  VA provides a platform that can be inserted into any website within minutes and customer’s don’t even have to leave your site.  The support requirements are low and there is no need for a tech team to run the software. Most of our customers are up and running in a few days unless they have a need for custom features.  The bidder interface is simple and straightforward just like a traditional auction, which further engages the bidder because it’s not complicated to place a bid and they can keep up with the action.

Integration is simple and brand specific.  Each company is provided with a home page and URL which they can customize the look and feel to align with company fonts, logos, styles etc. The software is integrated into their site and looks a part of their company and not an outside service.