A Simulcast auction is an auction format in which a live stream of the auction takes place simultaneously on two or more websites. The live stream allows buyers and sellers to bid against each other directly, without having to wait for the auction to end on one website. This type of auction is often used by bidders in order to bidder up and make more money than they would have if they participated in an actual live sale.
Auctioneers use various Online auction platforms to sell goods and services. These platforms provide a way for people to buy and sell items they are not likely to find in physical stores. Auctions can also be used as a marketing tool to promote products or services.