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Technology 2012-01-11 1 min read

December Farm Auction Sales Increase Using NextLot Software

NextLot, Inc. continues to bring successful online auction results to its clients.

RALEIGH, NC, January 11, 2012

NextLot, Inc. continues to bring successful auction results to its clients by producing more bids and higher prices. The company, which is the leading online auction software provider, is helping farm equipment auctioneers excel in their field with more bidding activity, leading to exceptional auction results.

Just in the month of December, 2011 alone, auctioneers using NextLot's online auction software sold $10 million dollars of farm equipment to online bidders, who purchased over 25% of the equipment available at auction. The Raleigh-based company's easy-to-use software enables auctioneers to bring in remote bidders from across America, as well as from around the world to bid online with onsite bidders in real time. Remote bidders for these sales, ranging anywhere from Alabama to Canada, have found the option of online bidding to be a convenient way to avoid the cold winter weather by purchasing equipment in the comfort of their own home.

NextLot, Inc. is creating not only profitable auctioneers, but satisfied bidders as well. The convenience as well as ease of use of NextLot's software has been able to deliver what every auctioneer wants; more bids and higher prices.

About NextLot, Inc.: NextLot provides auctioneers with a fresh approach to online-timed and live webcast auctions by providing extremely easy to use, privately branded software for three main auction formats: Timed Auction, Webcast, and Pre-Bid. NextLot believes that auctioneers' most important assets are their buyers and that these assets should not have to be shared with their competitors on a public portal. NextLot users build brand loyalty while enjoying full control of their customer base, and avoiding exposure to competition. NextLot's ability to offer "Best of Breed" products and work hand in hand with auctioneers has enabled NextLot to become a leading online software provider. For more information on NextLot, Inc and services offered please visit http://www.nextlot.com.