Steffes Group Inc.
Sign In
Search
Insights

Our Company

  • About Us
  • Insights
  • Careers
  • Representatives
  • Sell with Us
  • Finance
  • 1031 Exchanges

Support

  • Account Profile
  • FAQs
  • Contact Us

Connect

National Auctioneers Association

Terms & Conditions|Privacy Policy|

Copyright © 2026 Steffes Group, Inc.

All Rights Reserved.

This site is protected by reCAPTCHA

News and insights from across the industry

Insights

Back to insightsCompany News

Understanding Parent-Child Linked Lots in Our Auctions

Published

August 05, 2024

Read Time

2 min read

Topic

Company News

Understanding Parent-Child Linked Lots in Our Auctions

Article

In our auctions, we now offer a feature known as "Parent-Child Linked Lots" that enhances the bidding experience by linking related lots, ensuring that if you win a Parent Lot, you have the opportunity to bid on any associated Child Lots. Here’s how it works:

 

Parent Lots

  • Parent Lots are groups of related items that are linked together in the bidding process.
  • Example: Consider several similar combines up for auction. These are grouped as Parent Lots.
  • Bidding Dynamics: When you bid on an item within a Parent Lot, the system ensures that all items within this group remain open for bidding. The auction for these combines only ends when there are no new bids on any item in the group for a specified period.

Child Lots

  • Child Lots are individual items linked to a Parent Lot.
  • Example: Using the same combines, the combine headers would be considered Child Lots.
  • Bidding Timeline: Bidding for Child Lots starts only after the auction for the Parent Lots has completely closed.

 

Why This Matters:

  • This linkage prevents premature closing of related lots, giving bidders a fair chance to bid on all associated items.
  • Organized Auction Experience: It ensures a more logical and systematic bidding process for items that are commonly used together.

 

To identify linked lots, look for the chain link icon on the lot details. Hover your mouse over the chain link symbol to discover which lots are tied together. This icon signifies that each linked lot will stay open until there are no more bids on any of the linked lots.

Linked Lots

 

By leveraging the Parent-Child Linked Lots feature, you can strategically plan your bids and ensure that you have the opportunity to consider all related items before the close of bidding.

 

Happy bidding!

Recommended insights background

You Might Also Like...

What does "As-is, Where-is" Mean?
Expert InsightsWhat does "As-is, Where-is" Mean?
What does "as-is, where-is" mean when buying at auction? This guide explains auction terms, inspections, warranties, transportation costs, and common mistakes buyers should avoid before bidding.
October 2, 2026CONTINUE READING 〉
Current Farm Equipment Auction Prices & Market Trends
Expert InsightsCurrent Farm Equipment Auction Prices & Market Trends
Understanding current farm equipment auction prices takes more than looking at a single sale result. In this article, we break down the latest U.S. and Canadian market trends, explain why location and equipment category matter, and explore the factors that can impact the value of a specific machine. Whether you're buying or selling, learn how to evaluate the market with greater confidence.
September 25, 2026CONTINUE READING 〉
How to Sell Construction Equipment
ConstructionHow to Sell Construction Equipment
Selling construction equipment isn't as simple as parking it in a sale and hoping for the best. From understanding current market demand to preparing equipment for auction and knowing when to sell, several factors can impact your return. In this blog, we break down what contractors need to know about today's construction equipment market, common mistakes to avoid, and how auctions can help turn idle equipment into working capital.
September 18, 2026CONTINUE READING 〉
Construction Market Building Momentum
Expert InsightsConstruction Market Building Momentum
North America's construction market continues to show remarkable strength, driven by record infrastructure investment, transportation projects, and the rapid growth of data center development. In this blog, we explore the forces shaping equipment demand across the United States and Canada, why contractors are aggressively competing for quality machinery, and how Steffes continues to connect buyers and sellers in one of the industry's most active markets.
September 18, 2026CONTINUE READING 〉