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Are There Different Types of Auctions?

Currently, all uBid auctions are “traditional” style auctions. In this standard format, a product lot—consisting of one product or group of identical products—goes up for auction at a starting price. uBid also offers 2 types of uBuy It auctions. The first type is a traditional auction with a uBuy It option. The second type of uBuy It auction is a lot offered for sale at a fixed price; bidding activity will not be conducted for these auctions.

• You attempt to outbid other buyers by offering more money for one or more items in the lot.

• At the end of the auction time period, the products go to the highest bidders. See the Time Left to Bid section for details on our overtime policy.

• For more information about the bidding process, please click here to review the bidding rules.

• Some auctions are conducted with a Reserve Price. For more information about Reserve Price, click here

• Traditional auctions may include the uBuy It option. For more information on uBuy It, click here.

Each lot that is on auction is unique and bids are only valid within one single auction.