A traditional live auction is the classic auction format, conducted by a professional auctioneer in front of bidders who are physically present. This format is specifically designed to drive competitiveness and ensure full transparency throughout the bidding process.

How it works:

• Conducted either on-site (e.g. at a property, business premises, or farm) or at our secured warehouse
• Bidders compete openly in real time
• Fast-paced, transparent bidding environment

Best suited for:

• Immovable property (residential, commercial, industrial, farms)
• Plant, machinery, vehicles, trucks, and equipment
• Insolvency and liquidation assets
• High-volume movable assets where urgency is key

Why choose this format:

• Creates strong urgency and emotional engagement
• Immediate sale results
• Highly transparent process
• Ideal when assets need to be sold within a fixed timeframe

Similar to traditional Live Auctions, timed online auctions are designed to drive competitiveness while allowing bidders from anywhere to participate remotely over a defined bidding period via our online platform.

How it works:

• Assets are listed online with detailed descriptions, photos, and conditions of sale

• Bidding opens and closes at predetermined times

• Anti-sniping technology can extend bidding to ensure fairness

Best suited for:

• Vehicles and fleets

• Furniture, appliances, electronics

• Retail stock, excess stock, and liquidation items

• Nationwide and international buyer reach

Why choose this format:

• Maximum market exposure beyond geographic limits

• Cost-effective and scalable

• Ideal where buyers need time to evaluate assets

• Works exceptionally well for high-volume stock

Silent auctions are discreet, structured bidding processes where bidders submit confidential offers without any knowledge of the value of other bidders’ offers. This places bidders in a position where they are required to submit their best and final offer from the outset.

How it works
• We utilise our secure online bidding system to host silent auctions
• Bidders submit sealed electronic bids within a defined bidding period
• There is no visibility of competing bid values
• Each bidder must submit their strongest offer upfront
• Only the highest bidder is informed that they have been successful

Best suited for
• Corporate disposals
• Sensitive or confidential asset sales
• Luxury items or specialised assets
• Situations where price integrity and discretion are essential

Why choose this format
• Ensures confidentiality throughout the process
• Encourages serious, well-considered offers
• Eliminates bid chasing or artificial price escalation
• Ideal where transparency to the seller is required, but confidentiality to bidders is critical

A Virtual Live Auction is conducted entirely online with no physical audience present.

How it works

• Auctioneer conducts the auction from a studio or remote location

• Bidders participate online only, in real time

• Live audio/video streaming with real-time bidding

• Auction runs at a fixed date and time

Virtual Live Auction

• Property sales with geographically dispersed buyers

• National or international bidder markets

• Situations where on-site attendance is impractical

• Properties, vehicles, machinery, and commercial assets

Why choose this format

• No physical attendance required

• Lower logistical costs

• Real-time competition and urgency

• Excellent reach beyond local markets

The best of both worlds. A Hybrid Auction also known as a Simulcast Auction combines a physical live auction with simultaneous online bidding.

How it works

• Auctioneer conducts a live auction on-site or at a venue

• Bidders can participate:

  • Physically on-site, and

  • Online at the same time

• All bids compete equally in real time

Best suited for

• High-value properties

• Multi-property and portfolio auctions

• Commercial and industrial assets

• Auctions where local and remote buyers are targeted

Why choose this format

• Maximum bidder participation

• Combines live auction energy with online reach

• Strong competition often leads to better prices

• Ideal for premium or complex assets

Elite Auctions specialises in multi-property and portfolio auctions, structured to suit the asset mix and seller objectives.

Available formats include:

• Timed online auctions

• Live on-site auctions

• Hybrid live-online auctions

• Silent auctions

• Chinese auction structures (where appropriate)

Best suited for:

• Property portfolios

• Bank and insolvency disposals

• Developers and investors

• Trusts and estates

Why this works:

• Flexible structuring per property

• Broader buyer reach

• Efficient disposal of multiple assets

• Optimised outcomes across diverse asset classes

Valuations are a formal, professional service offered by Elite Auctions and are charged for.

What this service includes:

• Market-related and forced-sale valuations

• Detailed written valuation reports

• Asset-specific valuation methodology

• Advice aligned to insolvency, liquidation, estate, or private sale requirements

Best suited for:

• Liquidators, trustees, and executors

• Financial institutions and secured creditors

• Legal, accounting, and corporate matters

• Sellers requiring a defensible, professional valuation

Why this matters:

• Establishes credible and supportable value

• Assists with decision-making and compliance

• Prevents disputes and unrealistic pricing expectations