Auction Edge EDGE Simulcast
Auction Edge EDGE Simulcast: Auction Edge describes EDGE Simulcast as the live online bidding part of its auction platform, powered by Velocicast, letting buyers bid across all lanes of an auction at the same time. It is the piece that lets a remote dealer take part in a physical sale.
Auction Edge EDGE Simulcast: EDGE Simulcast
The EDGE Pipeline record covers the marketplace that gathers many auctions' inventory.
For the online bidder, Auction Edge says a buyer receives real-time color, video and audio from the auction floor and can submit bids instantly to the auctioneer, competing without disadvantage against bidders on the floor and other online bidders. A support article, How to bid in an online simulcast sale, explains the steps.
For the auction, Auction Edge highlights a single-clerk feature. A single screen lets the clerk chat with representatives, manage sales, change bid increments and finalize the sale of a car, which the company says simplifies clerking, helps the auction save on labor and reduces errors.
Record keeping is part of the description: video recording and playback with synchronized logs record the video and timestamped bidding actions. That matters when a dispute arises about what happened at the block.
The company says active dealers can run several proxy bids across auctions that are running at the same time without being in a lane, which is how a remote buyer covers more than one sale. Carolina Auto Auction's site shows one independent auction describing its own online auction service.
Nerdisa and other outside sites review Auction Edge.
The EDGE Spark and Pipeline records describe the management interface and the marketplace.
A buyer would ask which auctions offer the online lane, how bid latency is handled, how announcements about condition and arbitration are made to online bidders, and what fees apply. An auction operator would ask about the clerk workflow, integration with the auction's accounting and how the video archive is kept.
Involve the daily users. Ask who supports it.
Simulcast lets a dealer bid in a live auction from an office, home or hotel room. Auction Edge describes real-time color, video and audio from the auction floor, an online catalogue for inspecting units before the sale, and remote bids that reach the auctioneer instantly.
On the auction side, a single-clerk screen is meant to cut clerking labor and errors, and the system records video with time-synced bid logs. A dealer buying through it should ask the auction how remote bids are announced to the floor, whether condition reports are shown during the run, and how arbitration works for a unit bought online.
| Product or service | Function |
|---|---|
| EDGE Simulcast | The product name the company uses for simulcast bidding. |