OCALA, Fla., Dec. 4, 2019 /PRNewswire/ -- HiBid.com logged a record number of auction bidders for the month of November, averaging 403,000 per day and generating nearly $90 million in GAP (gross auction proceeds) via online-only and webcast auctions hosted on the site. That result included a November 22nd auction featuring Arnold Palmer's 2011 EZ-GO RXV Freedom golf car.
Other items sold through HiBid last month included heavy equipment, commercial trucks, automobiles, home furnishings, tools, toys, and more. The site also averaged 636,000 bids per day throughout the month of November.
In upcoming events, HiBid's parent company, Sandhills Global, is planning to host three daylong forums in Australia. The Brisbane, Sydney, and Melbourne forums are scheduled for December 9th to 13th.
November HiBid.com Auction Stats
Gross auction proceeds: $89,772,174 (USD)
Gross merchandise volume: $128,287,500 (USD)
Lots sold: 814,593
Online-only auctions: 2,402
Webcast auctions: 296
Average bidders per day: 403,000
Average bids per day: 636,000
Featured Auctions From November
If you're looking to sell through HiBid.com, click here to find a local auctioneer.
About HiBid & Auction Flex
Auction Flex is the market-leader in auction software for live auctions, with capabilities that include cataloging, clerking, cashiering, accounting, mailing list management, inventory management, multi-parcel, and more. Auction Flex also provides a seamless solution that enables auction houses to upload auction catalogs online and accept internet absentee bids, conduct internet-only auctions, or offer webcast live internet bidding through its integrated web service and internet bidding solution—HiBid (both a private-label solution and a portal). Auction Flex and HiBid were built from the ground up to function together seamlessly.
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SOURCE HiBid & Auction Flex