You priced that lot at €150/unit. The market would have paid €195.
Sometimes the best price isn't the one you guessed. It's the one four competing bidders told you, in real time, with their wallets.
English auctions today, three more formats coming. Anti-sniping protection. Every lot backed by verified inventory from Core.
One format today. Three more on the way.
English ascending is live and battle-tested — the right starting point for most ITAD lots. Dutch Clock for warehouse clearance, Sealed Bid for confidential decommissions, Japanese Clock for understanding true demand depth: all on the roadmap with developers attached.
English Auction
Live today. Bids go up.
Open ascending bids with a live feed. Everyone sees the current price. Two bidders want the same pallet of Grade A MacBook Pros? Let them fight for it. The competitive pressure does the work for you. This is the format that ships in v1 — battle-tested, well-understood, and the right starting point for ITAD lots.
Dutch Clock
Coming. Price drops, nerve rises.
Price starts high and descends on a clock. First buyer to hit “accept” wins. The right tool for that warehouse clearance lot you've been sitting on for six weeks: start it high, watch the price drop, somebody will blink. On the roadmap — because one format works fine until it doesn't, and then you want options.
Sealed Bid
Coming. One shot, no peeking.
Each bidder submits one blind bid. Nobody knows what anyone else offered. The right format for that decommission lot where you don't want the market to know what 2,000 Lenovo ThinkPads are worth to the competition. On the roadmap.
Japanese Clock
Coming. Stay in or drop out.
Price rises in rounds. Each round, bidders choose: stay or leave. Last one standing wins. You see exactly how many competitors remain at every price point — beautiful for understanding the true depth of demand. On the roadmap, because the format-shopping is more interesting after the basics work.
The money you left on the table last quarter.
You're either underpricing and leaving margin on the table, or overpricing and sitting on stock that depreciates daily. Auctions solve the guessing game.
You price a 500-unit lot at €150 per unit because that's what it sold for six months ago. Market conditions have shifted. You get one offer. You take it. Later you find out three other buyers would have paid €190. That's €20,000 you'll never see.
You auction it. Four bidders compete. The price settles at €195 per unit. The market told you what it was worth. You listened. Your margin thanks you.
A buyer snipes your auction at the last second. You get €28,000 instead of the €35,000 that two other bidders would have paid if they'd had ten more seconds. The buyer is thrilled. You are not.
Anti-sniping extends the auction. The other bidders respond. The price keeps climbing. Final result: €34,500. The seller gets fair value. The buyer earned it.
You have a warehouse full of mid-grade mixed stock that nobody wants at your asking price. You lower the price. Still nothing. You lower it again. The stock depreciates while you wait.
English auction with a starting price the market actually accepts. Two bidders show up, competitive pressure does the rest, and the lot moves in days instead of months. (Dutch clock is on the roadmap if you want the price to descend on its own.)
The auction ends at 18:00 on a Friday. Nobody is around to reconcile it. By Monday, the winner has gone silent, the second-place bidder has moved on, and the inventory is still marked as available in your ERP because nobody copy-pasted the result anywhere.
The cron runs. It picks the winner, marks the payment captured from the escrow deposit, transfers the inventory in Core to the buyer, closes the lot, and files the settlement. No manual reconciliation. No “wait, did that auction actually close?” By Monday morning there's a row in the database that says exactly what happened.
Fair auctions aren't a feature. They're the whole point.
Anti-Sniping
A bid in the final 5 minutes extends the auction. No more last-second steals that rob sellers of €7,000 because two other bidders didn't have time to respond.
Anti-Gaming Detection
That suspicious bidder firing twelve bids in a minute and retracting half of them? The platform flags rapid-bid bursts and retraction patterns at placeBid, with platform-tunable thresholds. High-signal bids get auto-rejected. The signals stay cached on the bidder for fast checks the next time they show up.
Three-Strikes Auto-Ban
Won an auction, never deposited? That's a strike. Three escrow-deposit timeouts in 180 days and the bidder is auto-blocklisted by trigger — every subsequent bid attempt is rejected before it's placed. Compliance can pardon individual strikes for legitimate reasons, with the audit row preserved either way.
Automated Settlement
Every auction closes with a cron-backed RPC that picks the winner, captures the escrow deposit, transfers the inventory in Core to the buyer, closes the lot, and writes a settlement row. Not “eventually.” Within a minute. If the winner stalls on the deposit, a 7-day timeout cancels the escrow, records a strike on the buyer, and the lot relists to market — nobody reconciles anything on Monday morning.
No-Sale Auto-Relist
Lot didn't hit reserve? The platform unpublishes the auction and relists the same batch on the market without a human moving anything. Channel-exclusivity is enforced atomically: a batch can be on auction or market, never both at once. The inventory keeps moving instead of going back to the “try again next month” pile.
Verified Lots from Core
You can't auction a pallet that doesn't exist — the platform physically won't let you. Every lot is projected from Core inventory, with the grading, the photos, the erasure certificates attached. Bidders see exactly what they're bidding on, not a hopeful description somebody typed into a box.
Auction Analytics
What time of day attracts the most bidders for Dell laptops? What's your reserve-met rate this quarter? After a few auctions, you'll know your market better than your market knows itself.
Watchlist & Alerts
Watch an auction without bidding. Get a ping when you're outbid. Get a ping when the reserve is met. Get a ping when an auction you're tracking enters its final five minutes. Delivered via the notifications center, email digest, or realtime toast — your choice.
Stop guessing. Start discovering.
The market is smarter than any pricing spreadsheet. Let it prove it. Early Access Partners get 6 months free.
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