There can be several Buyers using iBidMANAGER at the same time on a particular unit. In these cases, the high bid may jump by more than the normal £10.00 increment depending on the Proxy`s (Maximum Bids) .
Example:
Unit #100 is being auctioned and has a current high bid of £300
Jack logs in, looks at the unit and decides he would be willing to pay up to £500 for this unit.
Jack enters his Proxy Bid (Maximum Bid amount of £500) into iBidMANAGER and logs out.
iBidMANAGER now bids for Jack, putting him on top at £310
Another bidder (not using iBidMANAGER) comes in at £320
iBidMANAGER bids for Jack at £330
Now, Dianne logs in. She looks at the unit and decides she would be willing to pay up to £700 for this unit.
Dianne enters her Proxy Bid (Maximum Bid amount of £700) into iBidMANAGER and logs out.
**Now there are 2 Buyers using iBidMANAGER on the same unit**
The high bid instantly goes from £330 to £500 (Jack`s max) and Dianne becomes high bidder at £510.
IBidMANAGER will notify Jack of the fact his Maximum Proxy Bid amount has been reached and exceeded.
Dianne will stay on top until somebody bids £710, whether by proxy or manual bid, or until the auction closes.