Proxy bidding is a form of competitive sale in which bidders input the maximum bid they are willing to pay for a property they would like to purchase. The system will then automatically enter bids on their behalf, as necessary, up to their maximum bid.
For example, if the opening bid for a parcel is $17,100 and a bidder enters a Maximum Bid of $30,000, the system will enter an opening bid on behalf of that bidder in the amount of $17,100. If a new bidder then enters a bid of $25,000 the system will proxy bid for the first bidder and they will maintain the lead at $25,100. If the second bidder then increases their max bid to $35,000 the system will proxy that bid and they will become the new leader at $30,100.
If you enter a maximum bid that is the same as another lead bid, the first bidder to submit that amount would be deemed the leader. The trailing bidder would be notified with a message on the screen that your bid was submitted successfully, but you trail an earlier bidder at the same price. The non-leader would have to increase his/her maximum bid to become the leader.
All bids submitted on this site are submitted as proxy bids. The bid you enter after you click the Enter Max Bid link will be executed using the proxy bid system.