Auction Updates

📅 July 14th Auction Updates

We’ve made important updates to how the auction operates. Please review the changes below to stay informed.


🔼 Bid Increments Now Tiered

We've replaced the flat $5 increment model with tiered bid increments based on the bid amount.
This helps keep bidding competitive and fair across price ranges.

How bid steps work at different price levels:

Current Bid Amount Required Increment Example Bids
Under $100 $5 $5, $10, $15, $20...
$100 – $499 $10 $100, $110, $120...
$500 – $999 $25 $500, $525, $550...
$1,000 and up $50 $1,000, $1,050, $1,100...

 

View the updated Bid Increment page for more information.


End of Auction Time Extension Reduced to 2 Minutes

To speed up the auction finish and reduce drawn-out bidding battles:

  • The time extension at the end of an auction has changed from 5 minutes to 2 minutes.

  • If a new bid causes a different bidder to be winning with under 2 minutes remaining, the auction will be extended by 2 minutes.

This gives everyone a fair chance to respond—without prolonging the auction unnecessarily.


💳 Strict Enforcement of Won Item Payments

You must pay for your won auction items by Saturday at 8:00 PM to continue bidding.
If you miss this deadline:

  • Your bidding privileges will be automatically blocked.

  • To unblock, simply pay for all outstanding items:

    • Credit Card: Access restored immediately.

    • E-transfer: Access restored within 2 business days (after manual confirmation).


📧 New Email Notifications

  • Thursday Evening – Warning Email
    If you have unpaid items from the most recent Sunday auction, you'll get a warning.

  • Thursday Evening – Block Alert
    If you have older unpaid items, you'll get an Alert email stating you've been blocked, with a button to pay online.

  • Saturday 8PM – Final Block Alert
    If payment is still outstanding by Saturday 8PM, you’ll receive a final alert confirming you're blocked from bidding, including a checkout link.


Let us know if you have any questions, and happy bidding!