
Bid increments at Flanders Auctions
The auction will follow a specific bid increment when the auction is taking place. The next possible bid will be approximately 10% higher than the last bid amount. For example, when the last accepted bid was €1.000,00, the next possible bid will be €1.100,00, €1.200,00, €1.300,00. It is possible that an auctioneer will grant you a price deviating from the bid increment, but the option will also be given to the counterparty.
Current bid | Minimum Increment |
€ 0 - € 200 | € 10,00 |
€ 200,00 - € 400,00 | € 20,00 |
€ 400,00 - € 1.000,00 | € 50,00 |
€ 1.000,00 - € 2.000,00 | € 100,00 |
€ 2.000,00 - € 4.000,00 | € 200,00 |
€ 4.000,00 - € 10.000,00 | € 500,00 |
€ 10.000,00 - € 20.000,00 | € 1.000,00 |
€ 20.000,00 - € 40.000,00 | € 2.000,00 |
€ 40.000,00 - ... | € 5.000,00 |
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