What does ‘Referred to Vendor’ mean?

If you have a referred bid it means you were the highest bidder on a lot when it closed but the reserve price has not been met and therefore, the lot has not been sold just yet!

Our referrals team will contact you and let you know the reserve price and how negotiations are going with the vendor. Being the top bidder, our team can only discuss the item with you until an outcome is reached that you are happy with!

You can check to see if your bid has been accepted by going to the My Account tab on our website and then Purchases page. If the item appears here your bid has been accepted. You will also receive an email reminding you how to pay for your newly won item.

If you have not heard anything, rest assured your offer has been submitted to the vendor for their consideration and may still be accepted, so please be patient with us!

If you would like more help or information, just click below to contact our friendly team.

Matt Kalinski

Head Of Valuations

Qualifications & Affiliations

American Society of Appraisers Candidate Member

Certified Practicing Valuer AVAA

Profile

Matt has been in the valuations space for many years and has extensive experience in the space across an abundance of various industries. He now leads the valuations teams for Lloyds Auctions with a passion for encouraging his team to set and achieve high goals and produce great results for the company whilst growing the team’s skills starting with a great culture and team mindset.