Online auctions are not in the limelight, but participating in online auctions through the best auction mobile apps and websites is one of the best ways to get your hands on valuable products cheaply. Maximum auction websites are mainly for vehicles and properties; however, an online auction participant can also find other products on the bidding platform. In this article, we will discuss the best auction apps and top auction websites you can access to participate in online auctions and find some excellent and valuable stuff for yourself. Our team evaluated all the existing online bidding apps on various parameters and handpicked the top app where you bid on items and can sell your stuff.
Online Auction Industry – Facts and Stats
Here are some unique facts and stats related to the online auction industry that exhibits its growth and rising popularity.
- The online auction industry is anticipated to grow at a CAGR of 11.35% from 2022 to 2027.
- According to the report of Statista, the sales value of the online auction market was nearly $27 billion in 2022.
- The United States alone has a 37% share of the online auction market.
- After the United States, countries like China and the United Kingdom have the highest share of auction sales.
List of Best Online Auction Apps and Websites
eBay – Best Auction and Bidding App for iPhone and Android
The first name on our list of best auction Apps for bidding on items is eBay. Individuals can easily trade anything on this auction platform, from smartphones to four-wheelers. eBay has a large user base with over 100 Million downloads. This auction app is packed with amazing features like buyer and seller ratings that help the new user quickly identify if the person they are trading with is trustworthy.
Ratings – 4.7/5
Number of Downloads – 100M+
Sotheby’s – One Of The Top Bidding Apps for iPhone and Android
This auction platform is a famous app for bidding on items for buying and selling rare and expensive objects. Sotheby’s has a marketplace where uncommon things are traded; it includes fine art, jewelry, and antique items. The online auctions conducted at Sotheby’s are highly reliable and offer proficient services. sotheby’s id surely one of the best bidding apps.
Ratings – 4.3/5
Number of Downloads – 100K+
ShopGoodwill
Goodwill is an NPO (Non-Profit Organization) with multiple retail stores nationwide. The revenue generated through these stores is used to help people with disabilities. ShopGoodwill is an effort by Goodwill to auction items like art, musical items, electronics, etc., through their auction mobile app and website. The platform collaborates with over 130 Goodwill organizations in the United States and Canada. Together, they curate an impressive collection of distinctive items available for auction, encompassing art, antiques, collectibles, apparel, jewelry, electronics, and various other fascinating products.
Ratings – N/A
Number of Downloads – N/A
LiveAuctioneers
LiveAuctioneers is another of the best live auction sites on our list for bidding on items, with over 100K+ downloads. This particular live auction platform is famous for hosting live auctions at a specific date and time. Participants can place bids in real-time and have access to thousands of live auctions across the world. LiveAuctioneers has integrated a user-friendly interface in their auction apps to let the users operate smoothly. Objects like jewelry, collectibles, and art are traded online on such auction sites.
Ratings – 3.4/5
Number of Downloads– 100K+
AuctionZip
Another name in our list of top online auction websites is AuctionZip. This auction platform is highly recognized for hosting live auctions and bidding on items. The participants get the option of live bidding, meaning they can bid for the items in real-time. Most of the time, objects like antiques and farm machinery are auctioned at AuctionZip. This online auction platform has hosted hundreds of auctions and is trusted by thousands of users.
Ratings – 3.9/5
Number of Downloads – 100K+
PropertyRoom – Property Bidding Platform App
The govt. Officials regularly seize objects and properties. Law enforcement has the right to auction the seized and unclaimed properties found. PropertyRoom is a top auction platform that makes all these seized items available to the public. Interested candidates can sign-up for the auctions by visiting the PropertyRoom auctions website and get to buy art, electronics, watches, and property at a cheaper price. PropertyRoom has worked with over 4,100 law enforcement and municipal agencies.
Ratings– N/A
Number of Downloads – N/A
DealDash – Bid & Save Auctions
DealDash is one of the most famous online auction apps available for both Android and iOS devices. People love using DealDash as they can bid on brand-new products like household appliances and electronics. Purchasing electronic items from auction apps like DealDash can help users avoid retail pricing and save money.
Ratings – 3.9/5
Number of Downloads– 5M+
Recommended Read: Real Estate App Development Companies
IRS Treasury Auctions
This online auction site is famous for offering a treasure trove of items that cannot be found anywhere else. Everything listed on this bid on items app is under the Internal Revenue Code. All the items listed in their auctions are seized for non-payment. The items on IRS Treasury Auctions are high tickets, such as homes, lands, and vehicles.
Ratings – N/A
Number of Downloads – N/A
Catawiki – Leading Auction App
Catwiki is one of top auction platforms with over 1M downloads. It is recognized as a leading auction website as its team authenticates every product listed for auction. The authenticity is checked before the auction date to keep the bidders safe. The auction hosted by Catawiki primarily includes antique, rare, and unique objects.
Ratings – 4.1/5
Number of Downloads– 1M+
Auction.com, LLC – Real Estate Bidding App
Auction.com is the largest real estate marketplace. This auction platform specifically hosts real estate-related auctions for their customers. Auction.com, LLC has an exclusive listing of 25K real estate properties worth $42 Billion. Interested candidates can bid on their favorite property through this sort of online auction site. With 500K+ users, this online auction app is quite popular among bidders.
Ratings – 4.3/5
Number of Downloads – 500K+
Emirates Auction – Best Auction Platform in Emirates
Emirates Auction mobile app is a comprehensive mobile app designed to facilitate various types of bidding and auctions, ranging from vehicles and real estate to art and jewelry. Operating in the United Arab Emirates, the bedding app provides a user-friendly platform for both buyers and sellers, ensuring a seamless and transparent auction process. Users can easily browse through listings, participate in auctions, and track their bids in real-time, making it a convenient solution for individuals and businesses alike.
Auctions by CarDekho
CarDekho’s bidding platform mobile app is tailored specifically for the automotive industry, offering a platform for buying and selling vehicles through auctions. With a focus on providing a trustworthy and efficient marketplace, the online auction app Cardekho allows users to access various cars, including used and certified pre-owned options. The intuitive interface and robust features make Cardekho auction app easier for users to explore, bid, and manage their automotive transactions seamlessly.
Read More: How to Create A Real Estate App
FindAuction
FindAuction is a versatile bidding platform mobile app catering to various auctions, from antiques and collectibles to electronics and more. The app facilitates the connection of buyers with sellers in a global marketplace, offering a convenient means to discover and participate in various auctions. With a user-friendly interface, FindAuction allows users to browse through categories, place bids, and stay updated on auction status, ensuring a dynamic and engaging experience for both seasoned auction enthusiasts and newcomers.
Download – Android
Invaluable
The Invaluable Android and iOS mobile app is a bidding platform that connects users with live and online auctions for art, antiques, and collectibles. As a global platform, Invaluable enables users to explore a vast array of items, participate in real-time bidding, and enjoy a secure transaction process. The app also provides features such as personalized alerts, auction previews, and a comprehensive database of auction results, making it a valuable tool for art and antique enthusiasts.
IAA Buyer Salvage Auctions
The IAA Buyer Salvage Auctions mobile app, operating under Insurance Auto Auctions (IAA), enables buyers in the automotive salvage industry to actively participate in auctions for damaged or total loss vehicles, offering a specialized platform for acquiring such vehicles. The auction application IAA is a go-to tool for automotive salvage and rebuilds professionals with features like detailed vehicle information, bidding capabilities, and seamless transaction processes.
Why Are Online Auction Applications Getting So Popular?
The popularity bar of online auction apps is rising consistently; lately, most people have started installing auction apps on their smart devices. The primary task of auction applications is to let sellers exhibit their products online at a minimum price and allow buyers to buy the desired item by setting the highest bid possible. Real estate, jewelry, antiques, collectibles, and rare items are a few of the products that are generally traded at such auction platforms.
What Are Different Types of Auction Platforms/BIdding Apps?
Depending upon the objects being auctioned and the personality of the bidders, the auctions have been classified into different categories. Therefore, here we will cover different types of auctions.
Reverse Auction
In a reverse auction, multiple sellers try to sell their products to a single buyer. Here, the sellers try to offer the lowest price to the buyer to crack the deal.
Penny Auction
The buyers must first buy the permit to bid in the auction. It is famous amongst bidders as they pay less for the items.
English Auction
It is the most common sort of online auction. Here, the seller exhibits their items with a minimum set price, and the buyers place a bid to buy a specific item. The buyer who places the highest bid wins.
First-Price Sealed-Bid Auctions
Like English auctions, the buyer with the highest bid takes the prize. However, the buyer gets a single chance to bid. Once the buyers have placed their bid, the seller reads the entire bid, and the buyer with the highest bid wins.
Dutch Auction
The Dutch auction is similar to the reverse auction. The price decreases as the auction goes on until the buyer accepts the bid. The key difference is that there is a single seller in the Dutch auction instead of multiple sellers.
Vickrey Auction
In this particular auction, the highest bidder pays the amount the second-highest bidder has offered. This strategy is in use to prevent placing too low or high bids.
Related Post: How to Develop Daily Deal Mobile App
How To Do An Online Auction For Free?
To conduct an online auction for free, consider using social media platforms or dedicated auction websites that offer free listings. Here’s a brief guide:
- Select a Platform: Choose a platform that suits your needs. Social media sites like Facebook Marketplace or local community groups allow free listings. Alternatively, use dedicated auction sites like Listia or eBid, which may offer free basic listings.
- Create a Detailed Listing: Write a clear and detailed description of the item you’re auctioning. Include high-quality photos, condition, starting bid, and any relevant information.
- Set Auction Rules: Specify the auction duration, bidding increments, and payment methods. Clearly communicate your terms and any shipping costs, if applicable.
- Promote Your Auction: Use social media, local forums, or relevant groups to promote your auction. Share the listing widely to attract potential bidders.
- Manage the Auction: Monitor the bidding activity, answer questions promptly, and update the auction status as needed.
- Close the Auction: Once the auction ends, inform the winning bidder, arrange payment, and handle item delivery or pickup according to your terms.
Remember that while these methods allow you to list items for free, some platforms may charge fees for premium features or enhanced listings. Always review the terms and conditions of the platform you choose.
Related Post: Multi Vendor Marketplace Development
Conclusion
Our team has exclusively handpicked all those mentioned above online bidding websites and apps where you bid on items. You can pick any of the online auction sites above to buy any product, motor vehicle, or real estate. All these applications offer a variety of products to choose from. The auction participants can bid for the product conveniently from their smart devices. Apart from buying, a candidate also has the option to sell their products at the best price on some of the online auction websites.
FAQs (Frequently Asked Questions)
eBay currently holds the most popular auction application title with 100M+ downloads and a rating of 4.7 out of 5.
As the name suggests, B2B auction sites host auctions specifically for businesses. Here the buy and sell trades take place between two firms.
The first online auction site was Onsale, which was founded in 1995 by Jerry Kaplan.
The most trusted auction site can vary depending on the type of items you’re interested in buying or selling. Some well-known and trusted auction sites include eBay, Sotheby’s, and Christie’s.
The most trusted auction site can vary depending on the type of items you’re interested in buying or selling. Some well-known and trusted auction sites include eBay, Sotheby’s, and Christie’s.
Many apps and websites allow you to bid on items through online auctions. Some popular options include eBay, LiveAuctioneers, and Heritage Auctions, among others.
Online auction sites can be safe if you take certain precautions. Be sure to research the online site’s reputation, read user reviews, and understand their policies. Stick to reputable and well-established auction platforms. Additionally, exercise caution when sharing personal or financial information and be aware of potential scams or counterfeit items.
eBay is One of the most well-known online auction apps worldwide. There are other options as well like AuctionZip, DealDash, Catawiki and Auction.com.
eBay is One of the most well-known online auction apps worldwide. There are other options as well like AuctionZip, DealDash, Catawiki and Auction.com