Services / Forward Auctions
Forward Auctions
ReverseBids.net will also facilitate conventional or forward auctions, in which a seller offers goods, assets, stock or capacity and interested buyers compete by increasing their bids.
This service is in development and not yet available on the platform. Leave your details and we'll notify you at launch.
Notify me at launch →What's Planned
Seller lot creation with product or asset description, quantity and location details
Reserve-price configuration and buyer registration/qualification
Live ascending-price bidding with minimum bid-increment rules
Dynamic closing extensions and multiple-lot auctions
Highest-bid identification, full bid records and sale-confirmation support
Best Suited For
Surplus inventory, excess raw materials, secondary and recyclable materials
Machinery, equipment and commercial lots
Agricultural and marine produce; time-sensitive stock
The seller will retain the right to accept or reject bids according to the published auction conditions and applicable commercial terms.