Sell On K-BID Auctions



Need to Sell?

You've come to the right place. K-BID.com removes stress and hassle from the selling process and regularly outperforms the competition. Thousands of clients choose K-BID.com as their preferred method to liquidate business assets, personal estates, equipment auctions, and much more!

Our success is a testament to the quality and expertise of our network of affiliates. Affiliates are the independent businesses that manage the auctions you see on the website. These qualified professionals have access to the innovative tools and thousands of active buyers needed to make your project a success.





Why Sell on K-BID.com?

It's Effective: Auctions on K-BID reach the largest buying audience in the region and custom marketing campaigns are used to maximize bidder participation. The urgency created from a time-based sale increases competitive bidding and ending bid prices. Selling at auction eliminates the struggle of low-ball offers, flaky buyers, and scams you see with other selling methods.

It's Convenient: Looking for a hands-off experience? Need it gone in 14 days? The online auction process can be tailored to meet your needs with flexible location and timing options.


How does the auction process work?

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The auctions published on K-BID.com are conducted and managed by independent auction companies (affiliates). As a potential seller, your first step is to determine which affiliate will best meet your needs. The factors most often used to narrow the possibilities are location, asset-type, auction history, and experience. Choosing the right affiliate is usually based on the affiliate’s contract language, experience, and/or the seller’s level of comfort with the affiliate’s overall business practices. You can find a map of current affiliates to work with here.

If you need assistance finding an affiliate or would like to talk with someone directly, please fill out the form at the bottom of this page.
When you contact an affiliate to sell your assets, be prepared to provide detailed information about the items you want to sell, as well as the logistics of the project. After the affiliate understands the scope of your needs, you’ll be presented with a consignment contract, outlining the terms for selling the assets. Affiliates typically charge on a commission and/or fee basis depending on a variety of factors. Important Note: K-BID acts solely as a marketing venue and is not a party to any agreement with auction sellers.
Affiliates manage the entire auction creation process by organizing items and determining the best way to present them to buyers. They use pictures, videos, and descriptions to give potential buyers the information they need to bid. Full disclosure is an expectation and the best way to gain trust with buyers and ultimately - increase bid prices. During this stage, inspection and removal logistics will be determined to ensure a smooth and hassle-free removal.
The typical auction on K-BID is active (open for bidding) for 7-14 days. Bids are accepted 24/7 while the auction is active. This timeframe gives us ample time to start our marketing campaigns and reach tons of potential buyers! Affiliates are responsible for fielding all questions and coordinating the inspection period. The inspection period is important as it gives buyers an opportunity to see, touch and ask questions about the auction items. Important Note: In an effort to maintain trust and integrity with buyers, K-BID strictly prohibits sellers or their agents to bid on their own assets.
This is when all the action happens! Auctions/lots close at a predetermined date and time. K-BID employs an overtime bidding process where auction items stay open for 3 minutes after the last bid was placed. This allows us to emulate the live auction experience, giving bidders the opportunity to battle for the items they’re interested in. When the auction closes, winning bidders receive an invoice, and the affiliate begins preparing for the auction removal. Affiliates are responsible for managing the auction removal – collecting invoice payments and coordinating the safe removal of assets from the auction location.Fun Fact: 50% or more of the total bids on online auctions occur within the last 24 hours!
Approximately two weeks after the auction closes, you can expect to receive a settlement check and a detailed settlement sheet listing the assets you consigned and the sale price of each item. The settlement sheet will also show the commission rate/fees charged by the affiliate. If a winning bidder fails to honor his bid on an asset, the settlement sheet will indicate the sales price for the item was $0. It is your decision whether or not you want the affiliate to relist the asset on a future auction.


Each auction on K-BID.com is managed by an independent auction company. They consult directly with clients to help manage the auction process.

Please fill out the following form for a free and confidential auction consultation.

Contact Us or Call 763-367-6798