Auction Formats on Selling Lane
Selling Lane supports every major bidding format, so you can run the right kind of sale for your inventory and audience. Pick the format that matches your goals — or combine them in a hybrid auction.
- Open Bid Auction — classic ascending bids, visible to everyone, highest bidder wins.
- Silent Bid Auction — bidders submit sealed bids; winner revealed when the auction closes.
- Proxy Bid Auction — enter a max bid and the system bids on your behalf up to that ceiling.
- Buy It Now — end the auction instantly at a fixed price.
- Hybrid Auction — in-person and online bidders participate simultaneously.
- Absolute Auction — no reserve, item sells to the highest bidder regardless of price.
- Simulcast Streaming — broadcast a live auction with remote bidders bidding in real time.
Looking for rules and policies?
See Selling Lane Rules and Policies and Proxy Bidding Rules for the formal terms that govern each bidding format.