Have you received feedback from bidders or buyers after a sale?

Last updated on June 10, 2024

We have received feedback, virtually all of which has been positive in nature. Unsuccessful bidders like that the fact that the bid was not made public. They also like the transparency knowing that for certain they were not high – as opposed to private tender where they may have been high, however someone was called to see if they wanted to match their number.

Buyers have said as well that they like the transparency knowing if they are high they will get immediate electronic notice. As well, Buyers have said they like the idea of knowing they only had to pay one increment above the next bidder – as opposed to private tender where they may leave a lot of money on the table by being a lot higher than required. Buyers of course also comment that they appreciated having an equal opportunity to buy in the first place.

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