Pricing Rules

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 periodMembers will bid during the bidding period.
Scope of public disclosure of bidding informationOther 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 priceSold price is "second highest bid + minimum add-on amount".

extra amount

Minimum add-on price is listed in the bidding site "Notifications".

Less than 50,000 yen1,000 yen
50,000 yen or more but less than 100,000 yen2,000 yen
100,000 yen or more but less than 300,000 yen5,000 yen
More than 300,000 yen but less than 500,000 yen10,000 yen
500,000 yen or more but less than 1,000,000 yen20,000 yen
More than 1 million yen30,000 yen
★ watch only 300,000 yen or more flat rate10,000 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

Pattern 1 Bid for only one company

Bid amount USD 1500
Minimum bid priceUSD 1000
Starting bid priceUSD 800

Bidding Results

USD 800

HOLD

Winning bid price・Winner determination method

Starting bid price

Pattern 2 Two companies exceed minimum bid price

Bid amount USD 1500
USD 1300
Minimum bid priceUSD 1000

Bidding Results

USD 1300

+Minimum add-on price Winning bid

Winning bid

Winning bid price・Winner determination method

The second highest bid price
+
minimum add-on price

Pattern 3 If two companies have the same amount

Bid amount USD 1300
USD 1300
Minimum bid priceUSD 1000

Bidding Results

USD 1300

Winning bid

Winning bid price・Winner determination method

The company that placed the bids first will win.

Pattern 4 If the difference between the first and second place bids is lower than minimum add-on price

Bid amount USD 1300
USD 1290
Minimum bid priceUSD 1000

Bidding Results

USD 1300

Winning bid

Winning bid price・Winner determination method

If the second-highest bid plus minimum add-on exceeds the highest bid,

the winning bid amount is the highest bid.

Pattern 5 The highest bidder has exceeded minimum bid price, while the second-highest bidder has not.

Bid amount USD 1300
USD 900
Minimum bid priceUSD 1000

Bidding Results

USD 900

+Minimum add-on price

HOLD

Winning bid price・Winner determination method

The second highest bid price
+
minimum add-on price

Pattern 6 If a company falls below the limit price

Bid amount USD 900
USD 800
Minimum bid priceUSD 1000

Bidding Results

USD 800

+Minimum add-on price

HOLD

Winning bid price・Winner determination method

The second highest bid price
+
minimum add-on price