Prices are determined based on clear rules to ensure fair participation by all members. By understanding the process from bidding to successful bidding in advance, you can participate in the auction smoothly.
| bidding period | Members will bid during the bidding period. |
|---|---|
| Scope of public disclosure of bidding information | Other members' bids are not disclosed. |
| right to make a bid (e.g. for an apartment) | Finally, the "member with the highest bid" will be entitled to the winning bid. |
| Determination of final price | Sold price is "second highest bid + minimum add-on amount". |
extra amount
The final price will be the second best bid plus an additional amount based on the table of amounts below.
| Less than 50,000 yen | 1,000 yen |
| 50,000 yen or more but less than 100,000 yen | 2,000 yen |
| 100,000 yen or more but less than 300,000 yen | 5,000 yen |
| More than 300,000 yen but less than 500,000 yen | 10,000 yen |
| 500,000 yen or more but less than 1,000,000 yen | 20,000 yen |
| More than 1 million yen | 30,000 yen |
| ★ watch only 300,000 yen or more flat rate | 10,000 yen |
Products with an immediate settlement price
For items with an instant bidding price, the member whose bid exceeds the instant bidding price will become the "SOLD OUT" bidder, and the auction will be closed. The item will be marked "SOLD OUT" to all but the successful bidder, and no further bids will be accepted.
Price determination at the end of the bidding period
At the end of the bidding period, the member who is "Top Bid" for each item will be entitled to win the bid.
However, if the bidding result at the end of the bidding period does not reach minimum bid price (the limit price), the bid will be [pending] and the seller will decide whether or not to accept the bid at that price on the day following the last day of the bidding period.
Pricing Patterns
