Auction Question:

I haven’t been to an auction for maybe 30 years…So when the auctioneer says " internet your out" does that mean the internet can’t bid any longer?

Just means that someone live at the auction bid and is now the high bidder, Internet bidder needs to bid again if they want. Simple way to address internet bidders, where in person the auctioneer might say “Joe, Bob, or Pete, you’re out”