Open Bid

The seller pre-sets a simple due-diligence clause. The only negotiable conditions are the due-diligence period, penalty and settlement date. Everything else is not applicable.

The seller pre-authorises the extension. The buyer can enact it only after the contract is signed, in exchange for an additional non-refundable deposit.

The default is an extra 14 days for an additional $10,000 non-refundable deposit. This is not a pre-signing extension.

The sale uses a 4-minute rolling timer that resets on each new bid. It moves to a top-2 head-to-head final with a $1,000 minimum bid.

Buyers can bid by SMS. The seller may pause the sale for up to 20 minutes.

For queued or auto bids, bidders are contacted by text and email 24 hours before the auction to confirm they still want to stand by their maximum bid. Confirm and the bid stays live; decline and it is released.