Follow

How Do I Bid?

Once you are an approved buyer on the B-Stock platform and logged into your marketplace accounts, you can start bidding by going to any auction page.

Each auction will have a box where you can enter your maximum bid. Your maximum bid will need to be equal to or greater than the minimum value amount listed below the box.

Once the amount has been entered, click the "Bid Now" button. The system will ask you to confirm your bid amount. Please double check the amount before confirming your bid. A typo'd bid is not considered a legitimate reason to cancel a bid or order because you are given the opportunity to review the bid prior to placing it.

(Be advised that the appearance of each "bid" area might vary from marketplace to marketplace but the principle remains the same.)

We allow buyers to place maximum bids because we use a system called Proxy Bidding.

Note the message near the top of the page, which indicates if your bid is high enough to become the current high bid. If not, you may wish to increase your bid. For each bid you enter, you will receive an email confirmation that your bid was successfully placed. You will also receive email confirmations if your bid is winning, lost, or won. Your can also opt into text message alerts from your account.

B-Stock considers all bids to be an intent to purchase with the information available on the auction. Bid carefully. If you desire to cancel a bid, a fee may apply, and a note of it will be made in your record. If a pattern of bid cancellation occurs, B-Stock will restrict that privilege from you.

Was this article helpful?
21 out of 21 found this helpful
Have more questions? Submit a request

0 Comments

Article is closed for comments.