Old Crobally Road, Tramore, Co. Waterford

You are not restricted to placing a bid at the minimum bid amount, but can instead place a higher bid in one of two ways: by placing a maximum (proxy) bid or by placing an instant bid.

NB: Whichever bidding method you choose, you can be assured that you will be notified via email if and when you are outbid, so that you can opt to increase your bid if you so choose.

When placing a maximum bid, the actual bid placed by the system will depend on whether the reserve price has been met, as defined below.

If the maximum bid is below the reserve price

• The system will place an immediate bid at your maximum bid amount. When placing a maximum bid, the actual bid placed by the system will depend on whether the reserve price has been met, as defined below.

If the maximum bid is at or above the reserve price

• The system will automatically increase your bid to be at the reserve, and will only bid again on your behalf if you are subsequently outbid by another bidder (up to your maximum bid amount).

NB: If you place a maximum bid, it’s existence in the system will only be disclosed if and when it is used to automatically outbid another bidder. However, the ceiling of your maximum bid will never be revealed to the auctioneer, vendor or any other bidder.

This enables you to place an immediate bid for your chosen amount (in line with the pre-determined bid increments).

The online auction will close as per the advertised 'Auction End Date'. However, if a bid is placed within the final 60 seconds. The auction will be extended by an additional 60 seconds – known as the 'bidding extension window'.

If a bid is made in the 'bidding extension window', the clock will immediately reset to 60 seconds again, and the auction will only finish when an entire 60 second bidding extension window passes without any further bids being placed, i.e. 60 seconds of 'bidding silence'.

NB: Do not leave placing your bid to the last few seconds as you risk your bid not being received by the server in time, and you could lose the lot to another bidder.