Question 1

Is CariBid a marketplace or auction software?

Accepted Answer

It's software you use to run your own auctions under your brand — not a marketplace that competes with you for buyers.

Question 2

Who is CariBid for?

Accepted Answer

Businesses, dealers, banks, lenders, legal teams, nonprofits, and anyone who needs to sell assets through transparent bidding.

Question 3

How does pricing work?

Accepted Answer

Honest, transparent commission — in most cases you only pay when you successfully sell. Talk to our team for terms for your use case.

Question 4

Can I run both timed and live auctions?

Accepted Answer

Yes. Run scheduled timed auctions, real-time live events, or both for a single sale.

Question 5

Do you verify bidders and handle deposits?

Accepted Answer

Yes. Approve participants and require refundable deposits so every bid is serious.

Question 6

Can I run auctions under my own brand?

Accepted Answer

Yes. CariBid runs as your auction platform, so you keep the buyer relationship and your brand.

Question 7

Can I set a reserve price on a property?

Accepted Answer

Yes. You set a reserve below which the property won't sell, plus optional starting bids and deposits per listing.

Question 8

How are bidders verified?

Accepted Answer

Bidders register, are approved by your team, and can be required to place a refundable deposit before bidding.

Question 9

What property types can I auction?

Accepted Answer

Homes, land, commercial property, rentals, and foreclosed or adjudicated assets — anything you're authorized to sell.

Question 10

Does CariBid handle the contract after the auction?

Accepted Answer

Yes. Winning bids flow into a guided closing and e-signature step so you go from gavel to signed contract in one place.

Question 11

Is CariBid a marketplace or software?

Accepted Answer

It's auction software you run under your own brand — not a marketplace that competes with you for the buyer relationship.

Question 12

What types of vehicles can I auction?

Accepted Answer

Cars, motorcycles, trucks, commercial vehicles, fleet returns, and salvage — anything in your inventory.

Question 13

Can buyers inspect a vehicle before bidding?

Accepted Answer

Yes. You can publish condition reports, photos, and inspection details, and schedule viewings per listing.

Question 14

Can I set a reserve price?

Accepted Answer

Yes. Set reserves, starting bids, and deposit requirements on each vehicle.

Question 15

Do you support fleet or bulk auctions?

Accepted Answer

Yes. List individual vehicles or run bulk and fleet liquidation auctions on a schedule you control.

Question 16

Is this a marketplace I list on?

Accepted Answer

No — it's software you use to run your own vehicle auctions under your brand.

Question 17

Can I build a curated catalog for a sale?

Accepted Answer

Yes. Group lots into themed, searchable catalogs with rich images and descriptions for each event.

Question 18

Can I show provenance and condition?

Accepted Answer

Yes. Each lot supports high-resolution images, condition notes, provenance, and documentation.

Question 19

Do you support live and timed art auctions?

Accepted Answer

Both. Run scheduled timed auctions or live bidding events depending on the sale.

Question 20

How do you keep bidders serious?

Accepted Answer

Bidders are verified and approved, and you can require deposits before they can bid on high-value lots.

Question 21

Is CariBid a marketplace for art?

Accepted Answer

No — it's software you use to run your own art and collectibles auctions under your brand.

Question 22

Can supporters bid from their phones?

Accepted Answer

Yes. Mobile bidding works for silent, live, and online auctions so guests can bid from anywhere.

Question 23

Do you support silent and live formats?

Accepted Answer

Both, plus fully online fundraising auctions — run them separately or together for one event.

Question 24

Can we issue donor receipts?

Accepted Answer

Yes. Winners and donors receive receipts, and you get clear reporting on totals raised.

Question 25

Is there a discount for nonprofits?

Accepted Answer

Talk to our team about nonprofit terms — we keep more of every dollar with your cause.

Question 26

Is this a marketplace?

Accepted Answer

No — it's software your organization uses to run its own benefit auctions under your name.

Question 27

Can I run private, restricted auctions?

Accepted Answer

Yes. Run public auctions or invitation-only sales with controlled visibility per asset.

Question 28

Does CariBid keep a compliance record?

Accepted Answer

Yes. Every bid, payment, and step is logged to give you a defensible audit trail.

Question 29

What assets can I liquidate?

Accepted Answer

Repossessed vehicles and equipment, adjudicated real estate, court-ordered sales, and liquidation portfolios.

Question 30

Can I support court-ordered or legal sales?

Accepted Answer

Yes. The platform supports documented legal and court-ordered auctions with verified bidders.

Question 31

Is this a marketplace?

Accepted Answer

No — it's software your institution runs to auction its own assets, under your control.

Question 32

Can I auction equipment and surplus stock?

Accepted Answer

Yes. Auction machinery, equipment, surplus inventory, fixtures, and warehouse lots.

Question 33

Can I sell in bulk lots?

Accepted Answer

Yes. Bundle pallets, portfolios, or full liquidations into bulk lots, or list items individually.

Question 34

Can I set reserves and deposits?

Accepted Answer

Yes. Set reserve prices, starting bids, and deposit requirements per lot.

Question 35

Is this good for a going-out-of-business sale?

Accepted Answer

Yes. Run a full liquidation auction on a timeline you control.

Question 36

Is this a marketplace?

Accepted Answer

No — it's software you run to auction your own inventory under your brand.

Question 37

What can I auction?

Accepted Answer

Cattle, horses, small livestock, farm machinery, inputs, and rural land or assets.

Question 38

Do buyers need to see the animals in person?

Accepted Answer

No. Detailed video, photos, and documentation let buyers bid remotely, with viewings optional.

Question 39

Can I attach health certificates?

Accepted Answer

Yes. Upload health records and certificates to each listing for transparency.

Question 40

How does transport work after the sale?

Accepted Answer

You coordinate transport and handover after the auction; CariBid keeps the sale documented.

Question 41

Is this a marketplace?

Accepted Answer

No — it's software you use to run your own livestock and ag auctions.

CariBid Auctions

CariBid Sign

CariBid Marketplace

Real estate

Vehicles

Art & collectibles

Charity auctions

Banking & legal assets

Business inventory

Livestock & agriculture

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Questions about running auctions on CariBid

General

By auction type

Real estate

Vehicles

Art & collectibles

Charity auctions

Banking & legal assets

Business inventory

Livestock & agriculture

Ready to run your next auction?