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Real-time Auction Site Debuts

Outbid lets sellers run their auctions.

A new auction site that allows sellers to control their own “fast-paced, customizable auctions” launched on Thursday.

At the new site, Outbid , merchants can open an account with their name, contact information and PayPal email address. Then they can create auctions with titles, photos and a description of the items that will be featured in the auctions.

Then they can choose whether to run their own auctions, let an auctioneer run the sales, or set bidding on “autopilot,” the site notes.

Outbid is unlike any other auction site, notes Bob Lee, the company’s chief product officer.

“It combines the thrill and excitement of going to a live auction with gaming and social elements not found anywhere else,” he says.

Outbid draws attention to some of its auctions by featuring them on its home page with a countdown to the start of the sales. Buyers can RSVP to attend these sales, and sellers can also invite friends to the real-time auctions, the site notes.

Copart, a company that sells cars, funds Outbid, according to news reports.

About the author

Olga Munoz
Olga Munoz is editor of TheOnlineSeller.com. In addition to writing news and feature articles about e-commerce, selling trends, online marketing and other topics of interest to online sellers, Olga manages the site's social media efforts. A journalism graduate of Chico State, Olga says her favorite part of being a journalist is learning interesting facts that help put stories into perspective, attending industry events and meeting interesting people "that leave you smiling, even in tough situations." Opinions expressed here may not be shared by The Online Seller and/or its principals.

  • Michael

    this site is great…free free free…all is free in there…and you get the thrill of bidding in a real live auction.
    No fees means more profit as a seller…and less spending as a buyer (i mean no selling fees…no listing fees …NO FEES)
    Many categories to choose from



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