What are bidders required to do to participate in a live auction?

To participate in a live auction, bidders are typically required to register and provide identification. This step is crucial as it ensures that the auctioneer knows who is participating in the bidding process. Registration may involve collecting personal information from the bidders to create a record, and providing identification helps to confirm the bidder's identity, ensuring fairness and security in the auction. This process protects both the auctioneer and other bidders, as it minimizes the risk of fraudulent activity and helps maintain order during the event.

Providing a credit card number, paying a registration fee, or submitting a prior bidding reference may be practices in some auction settings, but they are not universally required for participation in a live auction. The essential requirement is the registration and identification process to establish the legitimacy of the bidders.