MiBid Internet Auction

Auction Bidding FAQ

HomeHelp & SupportAuction Bidding FAQ
Is there any cost to place a bid on an Auction item? 
No. There is never a cost to place a bid on an Auction item. Any fees charged by BidCorp.com will be paid by the seller.
How do I submit a bid? 
First, view the main auction page. Once you find an Auction you would like to bid on, simply click on "Bid on this item!" You will need to enter your user name and password along with your bid.
How do I pay for and receive the auction item? 
The payment and shipping options are selected by the listing member when they create the auction. You will need to work out specific arrangements with the listing member once you awarded the auction item via email and phone.
Will I be notified if I am awarded the auction item? 
Yes. You will be notified by BidCorp.com and/or the listing member who created the auction.
What happens if I want to withdraw or change my bid? 
Your bid is a legally binding contract. Any bid that you submit, you will be responsible to follow through. Bid retractions are accepted at the discretion of the listing member.
How can I view the attachments supplied with an Auction? 
An Auction can include any number of attachments. Although BidCorp.com recommends that Auction attachment pictures be in .gif or .jpg format, and files be in the Adobe Portable Document Format (PDF), they can be in any number of formats. To view attachments in the PDF format, just download the attachment by clicking on it and then view the file using the PDF Viewer. If you do not have the PDF Viewer, you can download it from our help page.
How do the bid increments get set by BidCorp.com? 
A bid increment is the minimum amount you increase the bidding to be recognized as the high bidder. The bid increments are automatically set by our servers. The amount of the increment is set by the dollar amount of the previous high bid. To see a table of our bid increments click here.
What is proxy bidding? 
Proxy bidding is a feature that is used on all BidCorp.com Auctions. This means that a bidder can submit a maximum bid amount and our system will act as a proxy bidder in their absence, placing updated bids for them while trying to keep the bid price as low as possible. This way, when you are bidding, you do not have to be at the auction every minute monitoring your competition. For more information on proxy bidding, click here.