Auctions

Auctions

Professional asset auctions. Transparent. Secure. Binding.

Seller Managed

Seller Managed Auctions

The asset is sold directly by the verified third-party owner using the Haubot auction platform.

  • Seller is a verified third-party business
  • Haubot acts as auction operator and dispute arbiter
  • Payment flows directly between buyer and seller (Haubot does not hold funds)
  • Both parties post a tier-based deposit (USD 100 / 1,000 / 5,000 / 10,000); success fee 2.5% of the final price (min USD 100, capped by the seller's locked deposit) charged to the seller on completion
Haubot managed

Haubot Managed Auctions

Haubot manages the auction end-to-end and acts as selling entity, invoice issuer and release coordinator.

  • Seller is Haubot or a consignor represented by Haubot
  • Auction managed end-to-end by Haubot
  • Inspection and documentation included where applicable
  • Buyer pays Haubot directly; payment due within 5 calendar days; storage EUR 15/lot/day after 21 days

Who Can Participate

Auction access is restricted to verified businesses

To participate, all buyers must:

  • Be a registered business or professional buyer
  • Complete identity and company verification (KYC / KYB)
  • Be approved for auction participation
  • Accept Haubot Auction Terms & Buyer Terms

This ensures:

  • Fewer failed transactions
  • Serious bidders only
  • Higher quality auctions

Auction Deposit

Each auction carries a per-side deposit sized by tier from the auction's price ceiling. Sellers lock theirs at publication; buyers lock theirs when placing a bid. The deposit is not part of the purchase price.

Tiers (apply to both sides):

  • Price under USD 10,000 → USD 100 deposit
  • USD 10,000–99,999 → USD 1,000 · USD 100,000–499,999 → USD 5,000 · USD 500,000+ → USD 10,000
  • Seller tier is from max(starting, reserve, buy-now); buyer tier is from the bid amount and tops up automatically on a tier jump

The deposit exists to protect sellers and the integrity of the auction process. Forfeited deposits are retained by Haubot and are never paid as compensation to the other party.

What happens to the deposit?

SituationDeposit
You do not win the auctionFully returned
You win and complete paymentFully returned
You win and fail to payDeposit is forfeited

How Bidding Works

Transparent and binding bidding

  • All bids are binding and irrevocable
  • Each bid represents a legal commitment to purchase if you win
  • Minimum bid increment is calculated at 5% of the starting price, with a floor of USD 50 and a ceiling of USD 500
  • All bids are timestamped and logged on the platform; server-side records are authoritative

Anti-sniping protection

  • If a bid is placed in the last 2 minutes of an auction, the auction is automatically extended by 2 minutes
  • This ensures all participants have a fair chance to respond
  • Extension never shortens the auction — only pushes the end time forward

Winning an Auction

What happens when you win If you place the highest valid bid above the reserve and the auction ends:

  1. The auction is closed and the listing moves to “Sale Pending”
  2. You are declared the winning bidder
  3. A payment deadline is issued (see Payment Flow below for the exact timeline by auction type)
  4. Once payment is recorded, the listing moves to “Sold” and your deposit is released

Payment Flow

The payment timeline differs between auction types because Haubot is the seller of record only for Haubot Managed auctions.

Haubot Managed

Haubot is the selling entity, invoice issuer and payment recipient.

  1. Day 0: auction closes, you are declared the winner. Haubot issues an invoice.
  2. Within 5 calendar days: pay the invoice by bank transfer to the Haubot entity named on the invoice
  3. Late payment: EUR 50 administrative fee per reminder, plus penalty interest at ECB main refinancing rate +7% (rounded up)

Seller Managed

Buyer pays the third-party seller directly. Haubot mediates only the platform consequences (deposits, fee, dispute).

  1. Day 0: auction closes. The listing moves to “Sale Pending” and a settlement record is created.
  2. Within 7 days: buyer settles with the seller off-platform, then clicks “I have paid” on the platform
  3. Within 7 days of buyer’s declaration: seller clicks “Payment received” (sale completes) or “Payment not received” (dispute opens)
  4. If the seller does not respond in time, a 3-day final-response window opens with one last chance to confirm or deny
  5. If the seller still doesn’t respond, the seller defaults: their deposit is forfeited and the buyer’s is released

Disputes: If the seller denies receipt, the case goes to Haubot for resolution. Haubot decides only platform consequences (whose deposit is released or forfeited, fee status). Haubot does not move money between buyer and seller.

If something goes wrong — we have your back

Structured arbitration in up to three rounds. Both sides state their position and attach evidence. Haubot reviews the case file and applies the outcome to deposits automatically.

3 roundsMaximum before a final decision must be issued
24 hoursPer round for each side to submit their statement
Text + filesAttach any documents, screenshots or invoices

How a dispute is resolved

  1. Case opens.Seller denies receiving payment and provides a reason — a dispute is filed automatically.
  2. Haubot accepts.An arbiter takes the case and opens round 1 with an optional question for both sides.
  3. Both sides speak.Each party has 24 hours to submit a statement and any evidence. The counterparty's submission stays hidden until the round closes — no anchoring.
  4. Decision or next round.After each round, the arbiter either resolves the case or opens the next round. After round 3, a final decision must be issued.

What Haubot guarantees

  • Both deposits stay under platform protection until the case is resolved
  • Simultaneous reveal — neither side sees the other's statement during the round
  • Full audit trail of rounds, statements and evidence
  • Outcome is applied to the settlement automatically — no further back-and-forth

Outcomes: Haubot decides only platform consequences — whose deposit is released or forfeited, fee status — and never moves money between buyer and seller.

Fees

Where the money flows

Seller Managed: buyer pays seller directly. Haubot Managed: buyer pays Haubot, Haubot pays consignor under separate agreement.

All payments are subject to:

Auction Terms, applicable VAT, fees and commissions, agreed payment deadlines, and successful identity / sanctions / compliance checks.

Seller fees

  • Success fee: 2.5% of the final winning bid (USD-normalised), minimum USD 100, capped at the seller's locked deposit for this listing
  • Charged only on completed sales — no sale, no fee
  • For Seller Managed: third-party sellers post a tier-based listing deposit (USD 100–10,000) at auction publication; that deposit also caps the maximum success fee

Buyer fees

  • No buyer’s premium and no bidding fee on either auction type
  • Per-bid deposit sized by tier from your bid amount (USD 100 / 1,000 / 5,000 / 10,000); tops up only when you bid into a higher tier
  • Optional add-ons (inspection, logistics, financing) are quoted separately and disclosed before bidding

Frequently Asked Questions

Only approved and verified business users can participate. Private individuals acting as consumers are not eligible.
In Haubot Managed auctions, Haubot is the seller of record — buyers pay Haubot, Haubot handles invoicing, release and storage. In Seller Managed auctions, the verified third-party seller is the principal — buyers pay the seller directly off-platform; Haubot acts as auction operator and dispute arbiter.
The selling entity is Haubot (or the named Haubot entity shown on the lot page, auction confirmation and invoice). Some lots are consigned by third-party owners, but the consignor's relationship is solely with Haubot under a separate written consignment agreement — as a buyer, you transact only with Haubot.
Pick Seller Managed if you want to keep control of invoicing, payment and release and prefer to deal with the buyer directly once the auction closes — you remain the seller of record, and Haubot acts only as auction operator and dispute arbiter. Pick Haubot Managed if you want Haubot (or a Haubot entity) to handle invoicing, payment collection, release coordination and post-sale administration — useful when you'd rather hand off the entire post-auction process to Haubot, or when the lot is being consigned. Most third-party sellers run on Seller Managed; Haubot Managed is typically used for Haubot's own stock and consigned lots.
1) Seller publishes the listing and locks a tier-based deposit (USD 100 / 1,000 / 5,000 / 10,000) sized from max(starting, reserve, buy-now). 2) Auction goes live; verified buyers bid, each locking a tier-based deposit sized from their bid. 3) At close, the highest bid above reserve wins (or the auction ends as Reserve Not Met / No Bids). 4) The winning buyer has 7 days to pay the seller off-platform and click "I have paid". 5) The seller has 7 days (plus a 3-day grace) to confirm or deny receipt. 6) On confirmation, the sale completes: both deposits are released and the success fee (2.5%, min USD 100, capped by the seller's locked deposit) is charged from the seller. 7) If the seller never responds, the seller defaults; if the seller denies receipt, the case goes to dispute. Haubot does not hold the money — it flows directly between buyer and seller.
1) Haubot publishes the lot (own stock or a consigned item) and locks a tier-based deposit on Haubot's side. 2) Auction goes live; verified buyers bid and each locks a buyer-side tier deposit. 3) At close, the highest bid above reserve wins. 4) Haubot issues an invoice from the named Haubot entity; the buyer has 5 calendar days to bank-transfer the full amount to that entity. 5) Once payment is recorded, Haubot coordinates release and any required export documentation; the buyer collects within the period stated on the lot. 6) The buyer's deposit is released and the success fee is settled. 7) If the buyer doesn't pay in time, the buyer defaults: deposit forfeited, lot can be re-offered. 8) For consigned lots, Haubot settles with the consignor under a separate consignment agreement — the buyer's contract is always with Haubot.
The auction deposit ensures that only serious and financially capable participants take part. It also protects sellers from non-paying winners and underpins the platform's dispute and forfeit rules.
Tier-based, per auction. Sellers lock USD 100 / 1,000 / 5,000 / 10,000 at publication, sized from max(starting, reserve, buy-now). Buyers lock the same tiered amount sized from their bid; tier-jumps top up automatically.
Returned if you do not win, or if you win and the sale completes (Haubot Managed: payment received; Seller Managed: seller confirms or admin resolves the dispute in your favour). Forfeited if you win and fail to pay within the deadline. Forfeited deposits are retained by Haubot and are never paid as compensation to the other party.
2.5% of the final winning bid (USD-normalised), with a USD 100 floor and capped by the seller's locked listing deposit (between USD 100 and USD 10,000 depending on tier). Charged only when the sale completes — no sale, no fee. Same formula for both Seller Managed and Haubot Managed auctions.
No buyer's premium and no bidding fee on either auction type. Optional services (inspection, logistics, financing) are quoted separately and disclosed before bidding. Standard VAT applies on the buyer side.
5% of the starting price, with a floor of USD 50 and a ceiling of USD 500. The exact increment for the next valid bid is shown on every auction page.
A reserve price is the minimum price the seller is willing to accept. It is hidden from bidders — only a "reserve met / not met" indicator is shown. If the auction closes with the highest bid below the reserve, the auction ends as Reserve Not Met: no sale, both sides' deposits are released and the listing can be relisted.
No. Bids are binding and irrevocable. Haubot may invalidate a bid only in exceptional cases such as a confirmed material platform error or suspected manipulation. Place bids carefully: if you win, you are obligated to complete the transaction.
If a seller sets a Buy Now price, any verified bidder can end the auction immediately by paying that price. Buy Now is available only while it is offered on the auction page and only before bidding reaches a level at which it is withdrawn (where applicable). Once Buy Now is triggered, the auction closes and the standard winning-bidder obligations apply.
If a bid is placed in the last 2 minutes of an auction, the end time is automatically pushed out by 2 minutes. The extension never shortens the auction — only delays the close so other bidders can respond.
Haubot Managed: 5 calendar days from invoice to bank-transfer the full amount to the named Haubot entity. Seller Managed: 7 days to settle with the seller off-platform and click "I have paid", after which the seller has 7 more days to confirm or deny receipt (with a 3-day grace if they miss the first deadline).
First, check the auction type. For Haubot Managed: wait for the invoice from the named Haubot entity, then transfer the full amount within 5 calendar days; once payment is recorded, arrange collection within the period stated on the lot. For Seller Managed: contact the seller through the in-platform messenger or the contact details shown on the auction page, arrange payment off-platform, complete the transfer within 7 days, then click "I have paid" on the auction page; the seller then has 7 days (plus a 3-day grace) to confirm receipt. In both cases, your buyer deposit stays locked until the sale completes and is released automatically afterwards.
After the 7-day confirmation window plus a 3-day final-response grace, the seller defaults: their deposit is forfeited and yours is released. If the seller actively denies receipt, the case goes to Haubot for dispute resolution — Haubot decides only platform consequences (deposits, fee status), not money compensation.
Haubot Managed lots must be collected within the period stated on the lot page or auction confirmation. After that, storage fees apply (typically EUR 15 per lot per day after the first 21 days), release may be restricted, and prolonged failure to collect can result in resale, deposit forfeiture and account restriction. For Seller Managed lots, collection terms are set by the seller and apply between buyer and seller directly.
Either party can open a dispute — typically when a buyer declares payment that the seller denies, or when a Haubot Managed outcome is contested. The dispute runs in up to three 24-hour rounds: each round both parties simultaneously submit their position and evidence; submissions are revealed only after the round closes, so no party sees the other's argument while writing their own. After at most three rounds, a Haubot admin reviews the case file and issues a platform decision.
Haubot decides only platform consequences: whose deposit is released or forfeited, fee status, and the platform status of the auction. Possible outcomes include full payout to the seller, no payout, or a split decision. Haubot does not move money between buyer and seller, does not award compensation, and does not act as a court. Any underlying commercial or legal claim remains between the parties.
If the auction ends with no bids (No Bids) or with the highest bid below the reserve (Reserve Not Met), there is no sale and no success fee. Both sides' deposits are released — the seller's locked deposit is unlocked, and any buyer-side holds are returned. You can relist the lot, optionally adjusting starting price, reserve and Buy Now; a fresh seller deposit is locked at the new publication.
No. Items are sold on an "as is, where is" basis unless a specific Haubot Money Back Guarantee or written warranty is displayed on the lot page. Inspect before bidding — once you win, the sale is binding regardless of condition discoveries afterwards. Any warranty offered by a Seller Managed seller is solely between that seller and the buyer.
Yes. The buyer is responsible for determining and complying with applicable VAT, customs, import, export, sanctions and end-use rules for the destination country. For Haubot Managed auctions, specific VAT and export-documentation requirements (e.g. CMR, EX1/EXA, exit confirmation, VAT deposit refund) are set out in the Haubot Managed Auction Terms and the lot-specific paperwork.