Auctions Info

How Auctions Work

Starting An Auction

To start an auction, head to the “My Sneakers” tab, or the “Auctions” tab, and press the “Add New” button. From there, click on the dropdown that says “Basic Sneaker Listing”, and select “Auction” from the dropdown options. Then fill out all the relevant information for your auction sneakers, and then had to the bottom of the page to fill out the auction info.

Auction Options:

“Buy Now”: Offer a buy now price where users may purchase your auction immediately for a price you set.

“Proxy Auction”: Users will place their highest

“Silent Auction”: Users submit a bid, but all bids are hidden from bidders. Bidders never know the highest bid, and bid blindly in hopes that they have the highest bid.

(If neither “Proxy” nor “Silent” auction are chosen, your auction will simply be a classic auction, where users place bids manually against each other in hopes that they have the highest bid before the time runs out.)

Auction Rules

Bidders: When Participating in an auction you must purchase your auction winnings within 3 calendar days of winning, or face punishment. Your punishment after not paying for auctions you participate in is a strike. After 2 strikes, you will no longer be able to participate in auctions for 6 months. After 6 months, if you participate in any future auctions and receive a strike, you will be permanently banned from bidding on auctions.

Auction Hosts: Auction hosts must not cancel or refuse to ship auction winnings once an auction has concluded for any reason, doing so will results in a 1 month ban from hosting any auctions. After one month, if the seller does it again, there ban will be 6 months. After that, permanent ban. Hosts must ship the auction winnings within 10 days of payment, or face a strike. After 3 strikes you will no longer be able to host an auction for 6 months. After 6 months, if you host any auctions and fail to ship the auction winnings within 10 days, you will be permanently banned from hosting auctions.

As an auction host, if the highest bidder does not purchase their auction winnings within 3 days of the auctions close, you may contact us on our contact page and request that we remove the highest bidder from the auction, so the second highest bidder becomes the winner. The second highest bidder will then be able to purchase the auction at their highest bid price.