Sdhibid (2024)

FAQs

Can an individual sell on HiBid? ›

Whether you're an auctioneer seeking to upload lots and hold auctions through HiBid or an individual seller looking to consign items for sale, we make the entire process as easy as possible.

Unlike an online-only auction, which takes place entirely via the internet, a webcast auction allows auctioneers to accept internet bids and live floor bids for the same auction in real-time.

It is the responsibility of the buyer, not the auction company, to ensure that sales tax paperwork is complete, up to date, and on file, -BID RETRACTION: Bids cannot be retracted once the auction begins.

The HiBid platform supports three different types of bidding: Webcast Live Bidding – allows internet bidders to bid live against floor bidders. Internet-Only Bidding – for auctions conducted completely online. Internet Absentee Bidding – used for pre-bidding prior to a live, in-person auction.

Shill bidding is unfair to buyers and it's illegal in many places in the world.

What are methods of payment accepted on the platform? HiBiD, supports payment via credit card only. However, we accept payment via debit card, credit card, bank transfer andother payment services. Please get in touch within 24 hours and place a request to change default payment methods.

hibid.com Web Traffic Statistics

In July hibid.com received 12.55M visits with the average session duration 13:07. Compared to June traffic to hibid.com has increased by 16.4%.

*Hibid assigns a reputation score to every bidder who registers on its platform. A new bidder has a score of zero. This score can increase up to a score of 100, based on the bidder's activity of bidding and paying for items won in any auction run through the Hibid platform.

If you seek the thrill of a live atmosphere and value in-person interactions, live auctions might be your preference. On the other hand, if convenience, global access, and flexible timing are essential, online auctions offer a compelling alternative.

Yes, you may end the listing by cancelling all bids. You may be charged a final value fee based on the amount of the highest bid, or you may sell the item to the highest bidder. If your listing isn't eligible to be ended early, you can contact any bidders to explain the situation and ask them to retract their bids.

Why does HiBid say may have won? ›

5. If you log into your account and see "You May Have Won" this actually means YOU WON. If you see "Outbid" this means you lost. This is how our system works so please understand that "YOU MAY HAVE WON" means you indeed won.

In the end, it is up to the Organization running the auction to decide whether to honor the request. If the winning bidder would like to back out after the close of the auction, you can offer the item to the next highest bidder, or close the item as Not Sold.

THE BUYER IS RESPONSIBLE FOR ORGANIZING AND PAYING FOR SHIPPING OF ALL PURCHASED ITEMS. Please contact our recommended shippers for quotes and any other shipping questions, or you may contact one of your own preferred shippers. Buyer to pay all shipping charges.

If you get an outbid notification as soon as you place your bid, another user has already placed a maximum bid on the lot equal to or higher than the bid you placed. To clarify, you are not bidding against yourself!

HiBid is the online software platform that auction companies use to conduct their auctions. We do not actually run the sale, have the inventory, or get involved in the shipping or the transaction. Each auctioneer sets their own terms and conditions and controls their own event.

Treasury auction rules specify this list of eligible bidders: Individuals. Corporations. Partnerships.

A seller may not bid on his or her own auction. Reserve Price auctions are often unpopular with bidders. We suggest you set your Starting Bid to the least amount you will sell the item for, and let the bidding begin at that price. See Reserve Prices and Starting Bids.

Although it is highly unlikely, if only one person were to show up at an absolute auction, their bid would be accepted, no matter how low the amount of money being bid.

You can make your own auction website by creating your own website domain and setting everything up yourself, but whether or not that's likely to succeed depends on your own expertise level, resources available to you, what you want to sell, and the types of auctions you want to hold.