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Proxibid Fair Pricing Policy

Reducing bidder confusion and increasing the transparency of the bidding process.

Reducing bidder confusion and increasing the transparency of the bidding process.

Proxibid Fair Pricing Policy

ATG is the secure and reliable partner that helps sellers reach the right bidders, drive higher hammer prices, and simplify operations.

Trusted by 4,000 auction houses globally

We help with what matters: Your bottom line

Make auctions easier to run

From marketing to payments, we take care of the logistics so you can focus on what matters.

“ATG has really helped us focus our energies where a sales business needs to—on developing relationships with the people that we have to develop relationships with to maximize success. ATG’s tech and integrations mean we make one update and instantly push it to all platforms—saving us time to focus on buyers and sellers.”

Ken Spicer, President at SITE Auctions Services

Get in front of the right buyers

No other partner gives you and your auctions greater exposure.

“We’ve listed auctions on ATG marketplaces for over 15 years and successfully drive 10s of Millions of dollars in annual sales. We recently started using ATG XL to cross list our key auctions, the results exceeded our expectations. It was easy to set up, attracted new bidders, and increased auction revenue.”

Taso Sofikitis, CEO of Maynards Industries

Earn more on what you sell

We help you get the best possible prices for your lots.

“We’ve been impressed by how competitive bidding has been across the 3 platforms we list on - Proxibid, BidSpotter & our own website through ATG White Label. We made the decision to move all our auctions to be 100% Timed Online and have found significant operational cost savings on the one hand and really strong asset prices on the other.”

Carson Motley, Operations Manager at Motleys Industrial

Ready to grow with the leading partner in the industry?

Let our team build a plan to help your auctions reach more of the right buyers—at the right time.

eCommerce best practice for the auction industry shows that increasing transparency for bidders leads to improved trust and increased bid activity.

Proxibid’s Fair Pricing Policy aims to reduce bidder confusion and increase the transparency of the online bidding process by reducing the instances of ‘online premium disparity’ i.e. winning bidders facing different online premiums based on which online platform they utilized. Confusion around pricing can lead to decreased bidder engagement, increased bidder complaints and ultimately higher rates of non-paying bidders.

We regularly monitor prices, fees and settings on the Proxibid marketplace to help ensure all bidders, no matter their choice of platform, can participate in auctions on an equal footing. This level playing field incentivizes Proxibid to work collaboratively with the auctioneer to always maximize exposure of the auction throughout Proxibid marketing channels.

Pricing practices that harm customer trust and blur pricing transparency for bidders are considered breaches of the policy, and so for any auction in the Heavy Construction, Agriculture, Commercial Trucks, Cars & Vehicles and Industrial Equipment verticals which offers different online premiums to bidders participating on third-party platforms, a $1,500 Event Fee surcharge may be applied.