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Contact CLHbidWhat makes CLHbid.com different than public auction companies?
Last updated on June 10, 2024
The CLHbid.com platform was really designed to solve the shortcomings witnessed with the other existing platforms out there. CLHbid.com is, in reality, a hybrid of three former methods, namely a) unreserved public auction, b) public tender, and c) private offer and acceptance.
At unreserved auction, everything sells, regardless of price – unlike CLHbid.com where there is a floor price (‘Starting Bid’).
With public tender, there is no transparency and you are restricted to submitting a single price – unlike CLHbid.com where you can increase your price in increments and you can see all other tenders as they come in.
Finally, with private offer, most neighbors find out about a sale after it has taken place, often wishing they had been able to participate – unlike CLHbid.com where a pending sale is known to all neighbors and everyone has a chance to bid and determine in the end the real value of the land on that day.
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Contact CLHbidQuestions Similar To "What makes CLHbid.com different than public auction companies?"
How does the bidding process work?
The online tender platform will commence at a predetermined time, which will be posted in advance on the online page for that specific auction.
What is En Bloc and how does it work?
The ‘en bloc’ aspect of CLHbid.com offers bidders an alternative option to acquire an entire farm or ranch or predetermined designated section of the farm or ranch.
How does CLHbid.com ensure bids are not shopped?
Immediately upon expiration of the timed sale, the high bidder will receive an email indicating they were the highest bidder.
Does CLHbid.com release the name of the highest bidder following a sale?
CLHbid.com doesn’t release the name of the high bidder to the public.