Full Glossary
Auction Formats

Auction Platform

Online software used to host, manage, and conduct auctions. Major platforms include HiBid, AuctionFlex, LiveAuctioneers, Proxibid, AuctionZip, and Wavebid. Each platform has its own import format for lot catalogs.

How It Works in Practice

Choosing the right auction platform is one of the first decisions a new auctioneer makes. HiBid dominates the estate auction space with the largest buyer pool. LiveAuctioneers focuses on fine art and antiques. Proxibid serves industrial and commercial auctions. Each platform charges differently — buyer's premiums, listing fees, or subscription models. For cataloging, the key consideration is export compatibility: your descriptions and photos need to match the platform's CSV or API format exactly.

Frequently Asked Questions

What auction platform is best for estate sales?
HiBid is the most widely used platform for estate auctions in the United States, with the largest buyer pool for household goods, antiques, and collectibles. LiveAuctioneers is stronger for fine art and high-end antiques. Many auctioneers list on multiple platforms simultaneously to maximize buyer reach.
How much do auction platforms charge?
Pricing models vary. HiBid charges a buyer's premium (typically passed to the buyer) plus optional listing fees. LiveAuctioneers charges per-lot listing fees. Proxibid uses subscription-based pricing. Most platforms also take a percentage of the hammer price. Compare total cost per lot across platforms before committing.

Related Terms

Online AuctionAuction CatalogSimulcast AuctionTimed Auction

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The Complete Guide to HiBid CSV Imports
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