Category: Auction Features

Many people seek cheaper cars through salvage auctions. These auctions act as events where damaged or total loss vehicles appear for sale. Drivers hope to spend less while taking on repair tasks themselves. Buyers often view this path as a chance to save money.

This blog explains what a salvage auction is, how to buy a salvage car at auction, which site delivers a good deal, and more. Readers may find value in these details since salvage auctions hold appeal across many regions. This post presents a look at everything, from basics to final purchase steps.

What is a Salvage Auction?

Salvage auctions let people target vehicles priced lower than typical used cars. Sellers often receive these cars from insurance providers that view the damage as too costly to fix. Buyers who attend these events bring mechanical know-how or a trusted repair shop. These events may happen online or at physical sites. Online platforms make it easy to see photos, read details, and place bids from home. Physical auctions let buyers inspect vehicles in person, but that may involve travel.

Buyers must understand the risks before joining a salvage auction. Some vehicles show minor dents or broken bumpers. Others have major frame problems or water damage. The buyer decides if the repair cost is worth the final result. Some states set rules about salvage titles, so these details can vary. Buyers should verify local laws and check how salvage titles affect registration, insurance, and resale.

Reasons For People Who Explore Salvage Auctions

1. Salvage auctions exist to let buyers claim vehicles that insurers or owners deem uneconomical to fix. The term “salvage” refers to cars with damage from crashes, floods, theft recovery, or other events. Insurance groups brand these cars as total losses when the repair cost surpasses a certain percentage of the car’s value.
2. People explore salvage auctions for cheap prices. A buyer might secure a car that costs far less than the same model in a standard used-car market. Someone with the right skills can restore the vehicle. Some folks see salvage auctions as a chance to try their hand at auto repair. Others who own a repair shop can fix the car for less money. 
3. People also look for salvage titles to harvest parts. Some want an engine or transmission that might still work, even if the frame is bent. The marketplace includes many cars that range from slightly damaged to heavily wrecked.
4. A salvage auction can be fun for those who enjoy auto projects. Others see it as a direct route to getting a cheap ride for local use.

Do All Auction Cars Always Arrive With Salvage Status?

Many people assume that every car at an auction is salvage. That is not always the case. Some auctions list repossessions or fleet vehicles that do not have damage. Some have clean titles and look fine. These might appear next to heavily damaged cars. However, a large portion of auction listings carry a salvage title due to their backgrounds.

Some damaged vehicles skip a salvage title, though that is not common. State laws decide which cars get labeled as salvage. If damage is below a certain threshold, the car might keep its clean title. Buyers should not assume that every listing is wrecked. Reading the details is the safest approach.

Bidders who do not do their homework risk buying a car that is illegal to drive where they live. A close look at the listing plus checking local rules helps avoid that problem. Some auctions run a public format, while others require a dealer license. That means certain people might need a broker service to bid.

How to Buy a Salvage Car at Auction – Step by Step Guide

1. Buyers select an online salvage auction site first. Then, they register by creating an account. Some states allow only licensed dealers to bid, but many sites let private individuals join with the help of brokers.
2. Now people look for a car that matches their needs. The next step is to read the listing details carefully. The listing may display the exact type of damage, whether it is from a front collision, hail, theft, or water.
3. After that, the buyer sets a maximum bid. This prevents emotional bidding. People sometimes get excited and overshoot their budget. A salvage auction car sells “as is,” which means the buyer takes it without a warranty.
4. Once the auction day arrives, the buyer places bids. That might happen in real time with live streaming or in a timed format with countdown clocks. If the buyer wins, they pay the required amount plus fees.
5. The next step is arranging transport or pick-up. Some local buyers bring a trailer. Others hire trucking services.
6. The final step is dealing with repairs and retitling. This requires inspection in some states. Once that is done, the car can be registered.

Best Online Site For Salvage Auctions With Good Price

Many people debate which site stands out when it comes to salvage auctions. A few names pop up often, and each site has pros and cons. Some buyers prefer a platform that hosts daily auctions. Others enjoy a simpler site layout.

One major name that many shoppers trust is Copart. That site features thousands of cars. Buyers can search by make, model, or damage type. Copart might require a membership plan with a fee. Some states force private individuals to work with a broker on Copart. That adds an extra step, but many people feel the big inventory is worth it.

Another known platform is IAA. It also lists a large variety of salvage cars. People see a broad selection that rotates weekly. IAA might require registration fees, and local rules differ for each state.

Other sites exist, but the best pick often depends on personal goals. Some people want the biggest selection. Others want the lowest fees.

How to Run Your Own Salvage Auction?

Some people want to run their own online auctions instead of relying on large platforms. They may have a select group of buyers or a set of vehicles to sell. Creating a personal auction page can help with branding and control. 

Car auction software makes that possible by providing bidding tools, listing management, and payment features under one umbrella. This setup suits shops, dealers, or private sellers who want more independence. The software can handle registration, track bids, and guide the payment process. 

With a user-friendly layout, you can draw in more participants. Instead of sharing revenue with outside sites, you manage your own system and can create rules that match your goals. This allows you to adjust every detail, from starting bids to final fees. By focusing on a direct link between your inventory and buyers, you can shape the entire experience. 

Take time to pick a solution from Ultimate Car Auction Software that fits your operation. Soon you could have a site that supports your brand from start to finish.

List Of Salvage Auction Services in United States

The USA has many salvage auction services scattered in various places. Some carry national coverage, while others focus on certain regions. Local auctions might carry fewer listings, but they can reduce transport cost and let the buyer check damage in person. 

States like California, Texas, Florida, and New York often have several salvage auction yards. People can search by city name or zip code on big auction platforms. A few smaller companies offer direct sales where they list salvage cars on their own site.

Buyers should note that each state sets rules about salvage titles. A car from Florida might have different requirements from a car in Illinois. Some states use words like “Certificate of Destruction” that can mean the car is only good for parts. Anyone who wants to repair and drive the car should confirm that their home state will let them retitle it. That detail can be found in official state guidelines for motor vehicles.

Are All cars at Salvage Auction Rebuilt?

Not every salvage car heads for a fresh life on the road. Some carry damage so severe that repairs cost more than the car’s value. Those vehicles might be parted out by shops. The frame might be too bent or corroded. The engine might be ruined. People who buy those cars see them as a source of spare parts that still hold value.

Others do get repaired. A car with moderate damage might need a new bumper, new lights, or basic bodywork. A skilled mechanic might fix that in a few days. That car can later pass inspection for a rebuilt title. It could drive fine if all safety checks pass.

Some folks avoid salvage cars altogether because of the unknown. They worry about hidden faults. They might not feel comfortable dealing with repairs. Others see salvage auctions as a path to a good deal if they do the homework.

Conclusion

Salvage auctions stand as a way for people to secure damaged or total loss cars at lower prices. Buyers often spot popular brands and various damage levels. Some might have small cosmetic problems. Others might be missing entire front ends. The final choice depends on the buyer’s comfort with repairs.

Most people start this process by picking a known site, setting a budget, and researching the listed cars. They confirm local laws and title regulations. They review damage details to gauge repair effort. Winning a bid is only the first step. Transporting the car and fixing it can add to the overall cost. If the repair goes smoothly, the buyer ends up with a working vehicle at a bargain price.

Frequently Asked Questions

Why are salvage cars cheaper at auctions?

They come with damage and uncertain repair costs, so sellers price them lower. Buyers assume risk, which results in reduced auction prices.

Are salvage auctions open to everyone?

Many allow public bidding, but some need a dealer license or broker. Rules vary by state, so check local regulations before joining.

What damage leads to a salvage title?

Cars earn salvage status after crashes, floods, fires, or theft recovery. Insurers see repairs as too costly under standard guidelines.

Can you legally drive a salvage car?

Rules vary by state. A salvage car needs repairs and an inspection for a rebuilt title. Then it becomes legal to drive.

What should I consider before buying a salvage car?

Factor repair expenses, parts availability, and title status. Check if local rules allow registration. Budget for hidden issues to avoid surprises.

Are you planning to sell whiskey online but don’t know where to start? Don’t worry, we are here to guide you on how to sell whiskey online and where to sell whiskey effectively. As the demand for rare and valuable whiskey bottles continues to rise in the United States, selling whiskey online has become a lucrative option. To establish yourself as a top whiskey seller, it’s essential to attract the right audience who can offer the best value for your bottles.

In order to start selling whiskey online, you have to select the right platform first. This can be done in many ways like online auctions, going for brokers, or selling to retailers. In all the listed ways, online auctions are a much better choice to get your whiskey bottle noticed by collectors from around the world. Brokers can offer a straightforward selling process with set prices and retailers usually buy the bottle to resell by taking it at lower prices to make a profit. Knowing where to sell whiskey can make a big difference in the profit you get for your effort. Let’s go ahead with the detailed steps to sell whiskey bottles online.

Step-by-Step Guide on How to Sell Whiskey Online

1. Choosing the Website: The first step to selling whiskey online is picking the right website. Research the best whiskey auction sites in the USA and select one of them. Popular options include Whisky-Online Auctions, Whisky.Auction, and Unicorn Auctions. They are the leading whiskey selling websites with different fees and commissions. Review them to find the one that is best to sell your bottle.
2. Creating an Online Account: Once you have selected the auction site, it’s time now to create an account. You need to provide basic details like your name, contact information, address, and payment method. Most auction sites make this process very easy. This will let you list your whiskey bottle for sale in the online auction.
3. Keep the Whiskey Bottle Ready: Clean the bottle, check its label and seal. Buyers go for well-preserved bottles with no cracks or damage. The bottle’s condition matters a lot in the sale as a damaged label or broken seal might sell for less. Most sites advise taking clear images of the front, back, and seal of the bottle. Original packaging and any certificates of authenticity that come with the bottle should be mentioned. When you sell whiskey online, honesty about its condition helps build trust with buyers.
4. Know the Shipping Rules: You must know the shipping regulations when you sell whiskey online. Some states in the U.S. have strict rules about shipping alcohol. You may need a shipping license to send your bottle to another state or country. Make sure to pack the bottle well to avoid damage during transit.

 

Where to Sell Whiskey Online: Top-Rated Platforms

whiskey online

Now let’s compare the websites where you can get the best price for your whiskey bottle. The right platform connects you with buyers who know the value of what you’re selling. Here are some of the best whiskey auction sites in the USA.

1. Whisky Auction: The Ultimate Platform on How to Sell Whiskey Online

It is the favorite site for people who want to sell rare whiskey bottles. The website has a strict verification process to check the quality of each bottle. Seller fees vary based on the final sale price with rates ranging from 20% for lower-priced items to 2.5% for higher-priced lots. Whisky.Auction holds monthly auctions for sellers to list their bottles. The website follows 100% transparency for both sellers and buyers in the online auctions.

2. Unicorn Auctions: The Best Destination for Where to Sell Whiskey

They have captured the American whiskey market by creating a platform for sellers of all levels. This auction site values presentation and handles all photography and marketing. This is done to showcase your whiskey in the best possible manner. Seller fees are competitive too and the site takes care of the legal aspects of shipping alcohol within the United States. Unicorn Auctions has a trustworthy service and commitment to helping sellers get best deals.

3. Whisky-Online Auctions: Top Choice for Where to Sell Whiskey

Whisky-Online Auctions is counted as one of the best whiskey auction sites in the USA. The website specializes in collections of rare whiskeys for serious buyers. Sellers can take the benefit of free valuations by listing single bottles or entire collections. The website charges a seller’s commission that depends on the bottle’s final auction price. Whisky-Online Auctions also holds regular auctions to reach international buyers and give the best prices.

Make Profits by Launching Your Own Whiskey Auction Website

Creating your own whiskey auction website can help you get maximum profits from whiskey sales. You control the pricing, get a global reach of buyers, and avoid high seller fees by third-party websites. Knowing how to sell whiskey online through your own site can give you more flexibility. Here’s how you can do it.

Online Auction Software for Whiskey Sales

Using auction marketplace software helps you create a whiskey auction website easily. The software has all the features to manage listings, track bids, and receive payments in your account. This makes the buying and selling process easy for both you and your buyers. Customize your site, set your own rules, and control the look of your website. It gives you the freedom to design your platform to match your brand.

Here are some of the benefits of using an online auction tool to create a website for selling whiskey online.

1. Real-time bids give users the chance to compete for your whiskey. Instant notifications will keep bidders engaged and ready to increase the amount when someone places a higher bid. 
2. Faster payments mean you get your money right after the auction ends.
3. You can set a buyer’s premium to cover extra costs and make more profit. 
4. With the option to go for a no-reserve price, you can have more people to start bidding. This feature attracts a wider audience because they know they have a chance to win the bottle at a reasonable price.

Here is how your whiskey online website will look like after using the Online Auction software.

1. HomePage – It will show all the available whiskeys for auction.

2. Auction Product Details – It will show the price and brief of the auction item.

3. Product Details – Customers can check out the product details at this page.

If you are still wondering “how to sell whiskey online”, start your own auction site today with online auction software. With the right approach, you can build a site in a way that gives 100% profit and reduces headaches.

 

Legal Requirements for Selling Whiskey Online in United States

There are strict legal requirements for selling whiskey online in the United States. You must be aware about these laws to stay compliant and avoid any legal trouble. The Alcohol and Tobacco Tax and Trade Bureau (TTB) and state-specific regulations set these rules. Sellers must follow federal and state guidelines for licenses on how to sell whiskey online.

The TTB requires a federal basic permit for those who are working in the production, blending, or bottling of distilled spirits. If you want to sell whiskey online legally, then you must have specified licenses. If you plan to ship alcohol directly to customers, you need a Direct-to-Consumer (DTC) license. The DTC license allows shipping to states where this practice is legal. For more details on federal alcohol laws, visit the TTB website and apply for a permit to sell whiskey online. 

State laws differ when you think about where to sell whiskey within the United States. Every state has its own set of rules regarding alcohol sales and distribution. Some states allow direct shipping to consumers while others restrict it. States like Utah and Mississippi do not permit direct shipping of alcohol. Some states require sellers to collect and remit taxes on shipped alcohol. Other states may ask for individual permits for each shipment. The National Conference of State Legislatures (NCSL) provides a summary of state laws for alcohol shipping.

The U.S. Postal Service (USPS) does not allow the shipping of whiskey online within the USA. You have to use private courier partners like FedEx or UPS for alcohol shipping. You need to follow these carrier guidelines and state laws so that the whiskey reaches its destination safely.

 

Advantages of Auctioning Whiskey Online

Now as you know how to sell whiskey online, let’s discuss the advantages of selling via auctions rather than selling directly to a retailer.

1. Auction sites will fetch higher prices due to online bidding by multiple users. When two or more buyers compete for a rare bottle, the price can go above the market value. The best whiskey auction sites in the USA will attract serious collectors who are willing to pay more for unique whiskey. Using online auction software helps sellers list their whiskey easily.
2. Auction sites offer much needed flexibility to sellers so that they can set a reserve price for whiskey bottles.
3. You can choose to auction valuable whiskey for high-end buyers. Custom auctions for whiskey are transparent as sellers can track bidding and know the final selling price. Using auction marketplace software gives sellers control over listings effectively.

 

Conclusion

If you are looking for ways to sell whiskey online, then there is no better option than online auctions. Auction sites give higher value by creating a competitive environment where bidders can raise the price. Using the best whiskey auction sites in the USA gives access to a global audience. Platforms like Whisky.Auction and Unicorn Auctions help sellers to reach serious buyers who know the value of rare bottles. Direct sales to online retailers offer a quicker and more predictable process but may not deliver the highest price.

Using auction marketplace software like GetUltimateAuction can simplify the process of creating your own website. This software gives sellers control over listings and bidding while managing everything in one place. Knowing how to sell whiskey online with the right software helps you set competitive prices. Whether you choose auction sites or direct sales, the right approach leads to higher profits.

Frequently Asked Questions

Can you auction whiskey in the United States?

Many sellers ask, "Can you auction whiskey in the United States?" The answer is yes, you can auction whiskey legally in the USA. Online auctions are now a common method to get higher prices when buyers compete. Best whiskey auction sites in the USA specialize in selling rare whiskey bottles.

How to sell whiskey online?

You can sell whiskey online by choosing a reliable auction website or setting up your own site. Follow the legal guidelines for selling and shipping alcohol in your location.

Where to sell whiskey for the best price?

Sell whiskey on the best whiskey auction sites in the USA like Whisky.Auction or Unicorn Auctions. These sites connect you with serious buyers willing to pay for whiskey bottles.

What is the benefit of using auction marketplace software?

Auction marketplace software helps you create a customized auction site. It allows you to manage listings, bids, and payments easily.

Can I auction any whiskey bottle online?

You can auction whiskey bottles online. Some sites focus on rare bottles while others accept a variety of whiskey types.

Is there a fee to list my whiskey on auction sites?

Most auction sites charge a fee to list your whiskey. The fee includes a seller's commission or a percentage of the final sale price. Always review the site's fee structure before listing.

HiBid is an online auction platform that connects buyers and sellers online, providing a seamless auction experience. If you’re wondering how to sell on HiBid, the platform offers easy-to-follow steps for sellers to list their items. Additionally, for those curious about how does HiBid auction work, it operates by facilitating bidding on a range of products across various categories. These include electronics, antiques, art, cars, furniture, real estate, toys, coins, clothing, and more. HiBid has been in the market for a long time, offering diverse products for bidding to suit every buyer’s and seller’s needs. Some people wonder if HiBid is trustworthy for buying items online. It is normal to have such concerns in your mind about online platforms because it’s your hard earned money that you are going to spend. Today, we are going to help you out by giving an all-inclusive review of HiBid, the buying & selling process at their platform, security features, and more.

What is HiBid All About? A Guide to How to Sell on HiBid and How Does HiBid Auction Work

HiBid is a tool for online auctions which is available for sellers to reach more buyers. The platform supports many types of auctions in the form of live, timed, or both. It started as a way to bring auctions online and grew in popularity with time. Now, many people use it for their buying and selling needs.

Many users have shared positive experiences with HiBid. The platform takes steps to provide 100% safety for buyers and sellers. It has clear rules and support to handle any disputes that arise. These proactive measures have built trust in the community. It is important to research and understand how the platform works.

HiBid Auctions at Work: Step-by-Step Process on How to Sell on HiBid and How Does HiBid Auction Work

HiBid supports both live and online auctions for bidders to participate in real-time at their convenience. We have listed down the types of auctions available at their website.

1. Live Auctions: These auctions happen in person and have online tools for remote bidders.
2. Online-Only Auctions: These auctions are purely online where all bidding takes place remotely.
3. Webcast Auctions: These allow online bidders to participate in live auctions remotely.
4. Absentee Auctions: Bidders can submit their maximum bids in advance, and the system will bid on their behalf up to that amount.

Who Can Sell on HiBid? Learn How to Sell on HiBid and How Does HiBid Auction Work

HiBid is a platform for different types of sellers like businesses, estate liquidators, and individual sellers. There are some eligibility requirements for sellers. While nearly anyone can sell on HiBid, they need to meet the platform’s standards. You have to adhere to the regulations and provide accurate descriptions and images of the items for sale. Sellers also have to comply with the auction’s terms and conditions for the auction type. You can find all the Hibid seller user terms here for better understanding.

How to Become a HiBid Auctioneer: A Guide on How to Sell on HiBid and How does HiBid Auction Work

You have to visit the platform’s auctioneer registration form. Provide your business details and proof of auctioneer licensing, depending on your location. The platform also needs auctioneers to meet certain standards in terms of experience and ethical conduct. Auctioneers can list items, schedule auctions, and manage their sales through HiBid.

Step by Step Guide of How to Sell on HiBid

Selling items on HiBid is a very simple process and you just need to follow the below steps. 

1. Create an Account

You first need to have an account for selling on HiBid. Click the “Sell” button on the top of the homepage. It will open a registration form where you have to provide your information like First name, Last Name, Phone Number, Email, Zip Code, and your Message. Then click on the “OK” button to submit the form. You will get connected with one of their representatives who will assist you in setting up your account.

2. List Your Items

You can start listing your items once you have an account ready with HiBid after getting connected with an auctioneer. All you have to do is provide complete descriptions, upload high-quality images of the items you want to sell, and set the price for starting bids. Please note that all items with accurate and complete descriptions will attract more bidders. Make sure to write down any unique features in your items.

3. Choose Your Auction Format

Now it’s time to proceed with the type of auction you want. HiBid offers different auction formats like online-only auctions, live auctions, or a combination of both. Choose the one that suits your items and the target audience.

4. Set Your Terms

Clearly mention your payment and shipping terms before the auction begins. This will help avoid any misunderstandings in the entire process.

5. Promote Your Auction

You are allowed to promote your auction on social media and other platforms to reach a larger audience. The more visibility your items get, the better your chances of getting higher bids.

Understanding Platform Fees: How to Sell on HiBid and How HiBid Auctions Work

HiBid auctioneers charge a commission on the sale price between 5% to 20%. We have listed the breakdown of all fees associated with seller accounts on HiBid. YOu can use this information to know about the potential earnings you will get after the deduction of HiBid fees.

Auction Type	Auction SetUp Fees	Bidding Fees	Maximum Price
Webcast Live Bidding	$25	$0.25 per unique bid	$125 per auction
Internet Absentee Bidding	Nil	$0.25 per unique bid	$25 per auction
Internet-Only Auction	Nil	$0.25 per unique bid	$75 per auction

 

Other Platform Fees at HiBid

1. Auction Fee: 2% of the gross value of items sold in the auction
2. Real Estate Auction Fee: 0.1% of the amount for bidders from public portals
3. Credit Card Registration: $1.00 for each registration

So, choose the right auction setup to get the best out of your sales. 

Note: If you are a seller who often deals with many auctions in a month or the items are of high-value, you can also think of setting up your own auction platform to minimize these costs. There are many reputed custom auction marketplace software that gives you more control and flexibility to conduct auctions. Let’s figure out how you can set it up with minimal cost and save the HiBid auction fees.

Save on Fees with Your Own Auction Platform

While the HiBid platform is there to sell items, you can have your own auction site to avoid the auction fees in the long run. Online auction software will let you set your own rules, fees, and commission structures. This is helpful as you will avoid the standard commissions charged by third-party auction sites. You also get the flexibility to customize the user experience and add any additional features in your own auction website. This will not only maximize your profits but also give a clear understanding of your products to the customers.

Creating your own auction site is no longer a difficult task with our top-rated online auction software in the market. Here are some standout features you can use:

1. Customizable Auction Listings: Create end-to-end listings with options to add images, descriptions, and bidding rules to fit your product needs.
2. No Commission Fees: Avoid high fees charged by other platforms. You set your own rules and keep all your profits to yourself.
3. Real-Time Bidding Updates: Track bids in real-time throughout the auction.
4. User-Friendly Dashboard: Manage your auctions, users, and bids from one place. The dashboard is easy for daily auction operations.
5. Automated Email Notifications: Send instant notifications for bids, winning, and losing alerts to all participants automatically.
6. Multiple Payment Gateways: Integrate various payment options for your buyers to accept payments.

So, if you’re selling any auction items online, time to switch to your own auction website today!

Step by Step Guide for Bidding on HiBid

This section will show you how to bid on your favorite items in an ongoing auction at HiBid.

1. Create an Account: The very first step is to have an account on the HiBid website. This will give you the list of all the ongoing auctions on the platform.
2. Find an Auction: Use the search and filter options to find auctions that you are interested in. You can filter by categories, location, or price to narrow down your search.
3. Place a Bid: Once you find an item you want to buy, enter your maximum bid amount. HiBid will automatically bid on your behalf up to your maximum limit.
4. Bidding Increments: Each auction has specific bidding increments for the minimum amount by which your bid must increase over the current highest bid. You can set up the incremental bids in case you are not going to monitor it for the next few hours or days.
5. Set a Maximum Bid: This allows the system to automatically place bids for you up to that amount. This helps as you don’t need to monitor the auction every single minute.
6. Monitor the Auction: Keep an eye on the auction once it nears its end. If you’re outbid, you can decide to increase your maximum bid or let the item go.

How to Cancel a Bid on HiBid

1. Contact the Auctioneer: HiBid does not allow users to directly cancel their bids. You must contact the auctioneer of the specific auction and explain your reason for canceling the bid.
2. Auctioneer’s Discretion: It is up to the auctioneer whether they will allow the cancellation. They may reject the request if they believe it disrupts the auction process.
3. Potential Consequences: Canceling a bid is not common practice and can lead to restrictions on your account or being banned from future auctions. To avoid these issues, always double-check your bid amount and item details.

Security and User Experience on HiBid

All active buyers and sellers on the Hibid platform must follow the guidelines specified on their portal. Buyers should carefully read the item descriptions and check seller ratings before placing a bid. If you are bidding for a high-value item, it’s better to visit the item in person or ask for more details from the seller to avoid any issues later. Similarly, sellers should provide accurate descriptions and real photos. Be upfront about the estimated shipping costs and item conditions.

HiBid has many security measures in place to make sure that all transactions are 100% safe and secure. They offer credit card authentication (optional) to verify buyers’ information. This gives the confidence to sellers that the bidders have a valid payment method. The platform also monitors transactions and provides dispute resolution to handle issues between buyers and sellers. HiBid always asks the users to contact their support team for assistance in case of any query.

HiBid User Reviews and Testimonials

Hibid has mixed user reviews from being positive to negative. Many buyers and sellers appreciate the range of items and the simple user interface. Some have reported positive experiences with high-value transactions and deals. On the other hand, few have noted concerns with certain sellers not accurately representing items. 

Overall, HiBid has a 4 star rating on TrustPilot with 910 total reviews. This shows that the platform is legit and has given good items to buyers. It also has positive user reviews on its own website.

Here are some of the positive reviews available online at TrustPilot.

 

Ownership and Background of HiBid

HiBid is owned by Sandhills Global which is a company based in the United States. Sandhills Global is a technology firm specializing in information processing and distribution across several industries. They own multiple auction and listing platforms. The corporate structure of Sandhills Global includes a dedicated leadership team for operations and expansion. The focus is on providing online solutions for auctioneers and buyers.

HiBid’s Place in the Online Auction Industry

HiBid stands out in online auctions for its reliable platform. It offers many auction types like online-only, live webcast, and absentee bidding. Compared to other platforms, HiBid is known for supporting both small and large auctioneers. It has been growing steadily with a rising user base and expanding market presence. 

HiBid saw impressive sales in December 2023. The total merchandise sold was valued over $52.8 million. The overall hammer price was more than $102 million. Over 844,000 lots were sold through online bidding. There were 1,830 timed auctions and 118 live auctions held. Bidders placed more than 3.8 million bids in around 4.2 million sessions. Overall, it has been on an impressive growth for the past few years and the momentum is likely to continue.

Conclusion

HiBid is a trusted online auction site where buyers and sellers connect with each other. It offers many products like cars, real estate, antiques, art, clothing, etc. HiBid works with licensed auctioneers and well-known businesses so that all the items are legitimate. The platform is easy to operate with a clear bidding process and real-time updates. Buyers can see descriptions, photos, and terms of every auction. HiBid also has a mobile app to join live auctions from anywhere. You can explore HiBid to find rare items or sell your own at a safe and trusted space.

If you’re  a seller and worried about the high fees charged by Hibid, you can have your own auction website. GetUltimateAuction is a great online auction software with customized features and easy setup to start your own auction site without much hassle.