Auction Information
Understanding the Auction Process
Our aim is to ensure a transparent and enjoyable experience for all our users. Below are the details our auction process to help you understand how you can engage in bidding, what happens if an item's reserve price isn't met, and the implications of the "Buy Now" option.
How Our Online Auctions Work
- Registration: Before you can bid, you'll need to register on our website. This process is quick and ensures a secure bidding environment for everyone.
- Bidding: Once you find an item you're interested in, you can start bidding. Each item has a starting bid and a visible countdown timer. You can place bids in real time until the auction countdown ends. If you're outbid, you will receive an instant notification so you can decide whether to place a higher bid.
- Reserve Price: Some items may have a reserve price set, which is the minimum price that will be accepted for the item. This price will be shown on the auction page. If the reserve price is not met by the end of the auction, the item will not be sold. Instead, it may either be re-listed for another auction or removed from the site.
- Buy Now: Certain auctions may feature a "Buy Now" option, allowing you to purchase the item immediately at a set price. If a bidder chooses this option and completes the purchase, the auction ends immediately, and the item is considered sold. It's important to note that if someone meets the Buy Now price at any point during the auction, the auction will close, and other bidders will lose the opportunity to bid further.
- Winning the Auction: The highest bid at the end of the auction wins the item. If you are the winner, you will receive an email with details on how to complete your purchase, including payment instructions and shipping information.
- Payment and Shipping: After winning an auction, you are expected to make payment within the specified time frame. Once payment has been confirmed, we will contact you to arrange collection or delivery of the item.
Key Points to Remember
- Stay Updated: Make sure to keep track of auctions you are interested in.
- Understand the Reserve: Know that some items might not sell if the reserve price isn't met, even if you are the highest bidder below the reserve.
- Immediate Purchase: Be aware that the Buy Now option, if available, can immediately end the auction.