The Online Bid Deposit program grants you access to all online auctions in the Auction.com
marketplace. This refundable deposit tells sellers that you are serious and ready to bid, win
and close, promoting fair and transparent auctions for all bidders.
To unlock all online auctions, simply deposit $1,000 at auction registration or in
advance through the Wallet in your
dashboard.
fund your Online bid deposit register for any online auction win a Successfully CLOSE on the Property stay funded or request A REFUND Fund your online bid deposit during registration or in advance in your Wallet. One deposit gives you access to all online auctions. Manage your funds anytime in your Wallet! Introducing the Wallet. Your Wallet is in your Dashboard and lets you easily manage your funds
for Online Bid Deposit and review your previous transactions.
Customers who have not successfully purchased a property from Auction.com in an online auction are required to place a Bid Deposit before completing registration for some auctions. You can bid immediately after successfully completing registration and submitting your bid deposit. Submit a Bid Deposit in your Wallet today or submit during the registration process. No. One deposit of $1,000 gives you access to all auctions that have a Bid Deposit requirement. You can register for up to 4 auctions at the same time using the same Bid Deposit. You can request a refund of your bid deposit in the Wallet. Simply click the ‘Request Refund’ button and follow the instructions. Refund availability depends on your satisfaction of our Participation Terms. Yes. You can request a refund, so long as you are not currently bidding on a property or have a transaction in contracting that has a bid deposit requirement. If your Bid Deposit is eligible for a refund, refunds can take up to 10 business days to process depending on the payment type. In the event you are the winning bidder and fail to perform in accordance with the Participation Terms, the full Bid Deposit amount shall be paid as liquidated damages and not as a penalty. No. Bid Deposit funds cannot be used for any transactional costs.YOUR KEY TO ACCESSING THE MOST TRUSTED ONLINE MARKETPLACE
HOW IT WORKS
PROPERTY
Ready to start? It’s easy!
YOUR WALLET
Frequently Asked Questions
QUESTIONS ABOUT ONLINE BID DEPOSIT?
Refunds are issued to the credit or debit card, or bank account originally used for the deposit. However, if the funds have been in your Wallet for more than 180 days, you will need to provide a new credit or debit card to process the refund.
No. A refund will return all the funds in your Wallet, as described above.
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