what is a commission bid

A commission bid is a type of bid at an auction placed by the auctioneer on behalf of a bidder who is not present in the room up to a pre-agreed maximum. This means that the bidder gives instructions to the auctioneer to bid on their behalf, up to a certain amount. Commission bidding can be done in different ways, depending on the auction house. For example, some auction houses allow commission bidding through their online bidding system, while others require bidders to submit their commission bids in writing. Commission bidding can be useful for bidders who are unable to attend the auction in person but still want to participate and have a chance to win the item they are interested in.