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Auction standards

Clear rules.
Confident bidding.

Understand participation, deposits, bidding and completion before entering an IETA auction.

01

Verified participation

Bidders must use a registered account and complete any verification requested by IETA.

02

Secure deposit

The lot page displays the required deposit and applicable refund or settlement terms before payment.

03

Binding bids

A valid bid is a serious purchase commitment, subject to reserve and final IETA confirmation.

04

Fair closing

Anti-sniping protection may extend an auction when qualifying bids arrive near closing time.

05

Guided settlement

IETA coordinates winner confirmation, payment, documentation and seller introduction.

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