What is absentee bidding?

Study for the Nashville Auction School Exam. Prepare with flashcards and multiple choice questions, each with hints and explanations. Get ready for your auctioneer license!

Absentee bidding refers to the process where bidders participate in an auction remotely, without being physically present at the auction location. This method allows individuals who may not be able to attend the auction in person to still place their bids on items of interest. It can be facilitated through various online platforms or by submitting bids in advance to the auctioneer.

This option highlights the essential aspect of absentee bidding—remote participation, which distinguishes it from other forms of bidding where physical attendance is necessary. While proxy bidding, where someone bids on behalf of another, may seem similar, absentee bidding specifically emphasizes the auctioner's acceptance of bids from those not present rather than the delegation of bidding authority to a representative.

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