Bidding Questions


How do I register to bid?

Create a free account by clicking ACCOUNT, then CREATE ACCOUNT, at the top right of any page, and agree to the bidding terms. Then open the auction you want, register for it, and accept that auction’s terms. Once we approve your registration, you can bid. The same account works on other MarkNet Alliance auction sites.

Where do I find the terms for an auction?

Each auction has its own terms on its auction page. They cover the buyer’s premium, any deposit, payment and closing details. You accept them when you register for that auction, so read them before you bid.

What is a bid increment?

It’s the smallest amount a new bid has to raise the current price. Increments are set for each auction and can go up as the price rises. When you bid, the bidding window shows the lowest bid it will accept.

How do I find auctions in my state?

Go to Auctions at the top of the page and pick your state from the All States menu. You can also narrow the list by category, such as real estate or equipment.

Does it cost anything to bid?

No. You only pay if you win. Any buyer's premium is listed in the auction terms.


What is a maximum bid?

A maximum bid is the most you're willing to pay. The system bids for you, one increment at a time, only as needed to keep you in the lead up to your maximum. Example: the next bid is $100 and you enter a maximum of $400. If nobody else bids, you win at $100. If someone bids $200, the system raises you to $200 plus one increment.


Can I raise my maximum bid?

Yes, at any time before the auction closes. Raising your maximum won't raise the current price unless someone else is bidding against you.


Can I cancel a bid?

No. Every bid is binding, so double-check the amount before you submit. If you make a mistake, call us immediately at (229) 985-8388.


Why can't I place a bid?

You have to be registered and approved for that auction. Some auctions require extra verification or a deposit before bidding opens.


How do I keep track of items I've bid on?

Click My Items at the top of the bidding page to see each item's current bid, your maximum, and the time left.


Still have a question? Call (229) 985-8388 or send us a message.