Online Bidding
Getting Started:
Click the picture to watch a short video about our system to get comfortable
with the process.
Then continue reading for more details.
There are three steps to complete before you can attend an online auction.
(1) Get a bidder number and password, (2) sign up for the auction you want
to attend, and (3) send in a bank letter for the auction.
1. Get a Bidder Number and Password (--First Time Users Only--)
First go to our home page, www.equipmentfacts.com,
and on the left hand side of the page you will see a link that says "Get
a Bidder Number".
Click there and fill out the online form, be sure to read the terms and
conditions before you submit the form. You will receive an email within
24 hours with your bidder number and password. Keep these in a safe place;
they are permanent and good for any Equipmentfacts auction.
2. Sign up for the Auction
After you have your bidder number and password you must activate them
for the auction you would like to bid on. From our homepage, locate the
Lloyd Meekins auction you want to attend. To the right hand side there
will be a link labeled "Auction Details", click there. Then
enter your bidder number and password scroll down and read the terms and
conditions for the auction. Be sure to click I accept the terms and conditions
before you submit the form. If the application was successful you will
be taken to a confirmation page.
3. The Bank Letter
Lloyd Meekins Auctioneers will require a Bank Letter in order to be
approved to bid online, this is clearly stated in the terms and conditions
for the auction. The Bank Letter must be faxed to 1-908-842-0427. If you
are unable to obtain a Bank Letter, contact Lloyd Meekins Auctioneers
for any special consideration in order to be approved to bid online. Below
is a Sample Bank Letter.
"Mr. (Customer Name) is a customer in good standing at our bank.
We will guarantee the payment of checks on his account (account number)
up to (specify amount) dollars for purchase at your auction in (Auction
Location) on (Auction Date). We hereby agree that no stop payment will
be issued in conjunction with this letter."
4. Logging in to an Auction
Once you have completed steps 1-3 you are ready to attend the auction.
On the day of the sale go to our homepage and locate the Lloyd Meekins
auction you would like to attend. Then you will see a flashing "Auction in
Progress" button. Click there to login to the auction. You will be
asked for your bidder number and password, then you will see the auction
rules. Read the rules then click the "I agree" button at the
bottom. Congratulations, you are now on the live Bidding Page.
Sample of Live Bidding Page
Bidding Window Features:
The bidding window has many features used during online bidding. Working
clockwise from the top left of the sample picture above, follow the arrows
from the description to the correct part of the bidding window:
Live Video Feed
This will show the auction site and the equipment being sold.
Lot Description
Here you will see information about the current lot being sold. This includes
a lot number and features of the lot, as well as serial number, miles, and
any other information available.
Current Lot
Along the top of the page is the current lot, showing the lot number and
name of the item.
Bid History Window
This shows all of the bids for the current lot. Floor indicates a bid onsite.
Bid Button
Click this to bid the asking price on a current lot.
Asking Bid
This number will appear in red and is the amount the auctioneer is asking
for a lot. When you click the bid button this is the amount you are bidding.
Current Bid
This is the current high bid held by the auctioneer. If you are the high
bidder your bidder number will appear below this number.
Sale Catalog Button
Clicking this at any time during an auction will open the sale day catalog
in a new window. It will show all the lots being offered online.
My Purchases Button
Clicking this at any time during the auction will open a new window that
shows all the lots you were the high bidder for at the auction. This list
must be confirmed by the auctioneer before the sales are final.
Chat Button
Type a message in the small bar to the left of this then click chat to
send a message to an auction administrator. This is often used during choice
lots where you must message the lot number(s) to the auction administrator
or you will receive the first lot of the choice by default. Any message
you send can only be seen by the auction administrator.
Chat Module
Here is where you will see any messages sent out by the auction administrators.
This may include special announcements, extra lot details, or a reply to
a message you sent in.
Thumbnail Images
Click these small pictures to enlarge. The first picture on the far left
is displayed by default. Pictures will include overall condition, miles
and hours if available.
Troubleshooting
Invalid Bidder Number or Password
If you try to login to an auction and you get the message, "Invalid
Bidder Number or Password", either you have not signed up or you
have not yet been approved to bid for this auction.
Not Signed up?
To activate your bidder number, first go to our home page, www.equipmentfacts.com,
and locate the auction you would like to attend on the calendar.
Second click the "Auction Details" button to the right of
the auction you would like to attend.
Third on the bottom left of the next page click "Sign up
for Auction" and fill out the form.
After you click "Sign up" at the bottom of the page you will
be redirected to a confirmation page. If you do not see the confirmation
message then the sign up form was not filled out correctly, be sure
to click the I accept box near the terms and conditions before you
click sign up at the bottom of the form.
This step must be done for each auction you would like to attend. It
is also recommended that you do this step well in advance of the auction.
Already Signed Up?
Lloyd Meekins Auctioneers will require a bank letter before you can bid
at their auction. If you have done the sign up step but still cannot log
in we may need a bank letter from you. This will be clearly stated
in the terms and conditions of each auction. Fax the bank
letter to 908-842-0427, not the auctioneer.
If you have any other questions please call us at 908-685-7323
or
email Info@equipmentfacts.com
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