There are five different types of auction listings on PropertyRoom.com:   Auction: The traditional auction format where the one highest bidder wins. ...

In a Reserve Price Auction, the seller has set a Reserve Price, which is a price below which the listing will not sell. The amount of the Reserve Price is no...

A Mega Auction is one method of auctioning multiple, identical items. A minimum price (the Opening Bid) is specified and the number of items available is als...

In the Fixed Price format the listing one or more items will be sold for a fixed amount and buyers simply choose how many they wish to buy at that price. You...

A Bid To Be Approved auction format functions similar to the Reserve Price auction. With these listings however, the seller may be willing to accept ...

To bid on an item, simply browse our site for an item that interests you. Once you open or visit the listing description page, just click on "Bid Now&qu...

Bids are given precedence based on sort order of Price, Quantity, and then Time placed. If you bid $50.00 on 50 units and someone else then bids $50.00 on 10...

A Proxy Bid is a bid automatically placed by the auction system on your behalf based on the Maximum Bid Amount that you set for the particular listing. This ...

If you have placed a Proxy (maximum) bid in error, you may lower your maximum bid. Please note: you cannot lower a maximum bid below the current winning bid ...

Your Proxy Bid amount is the maximum amount (highest price) you are willing to pay for an item. You should determine beforehand the most you are really ...