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SECONDARY INDUSTRIAL SUPPLY
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Knowledge base/RFQ & auctions
Trading

Surplus auctions

Wholesale lots with bidding: how to participate and how settlement works.

Auctions are a showcase for wholesale surplus lots: the seller lists a batch with a starting price and bidding deadline, buyers place bids. It is the fastest way to liquidate large stock at market price.

  • →Only verified companies participate — no random bids.
  • →Bids are anonymized: you see the current price, not the bidders.
  • →The winner is determined automatically when bidding ends.
  • →Settlement is the same escrow flow: payment, shipping, acceptance, reveal.
Commission

Auction deals carry the standard 8% commission on top of the lot price, paid by the buyer. The seller receives 100% of the final price.

MORE IN THIS SECTION
  • →Creating an RFQ
  • →Working with offers

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The AI platform for secondary industrial supply

KorpService Consulting LLC · INN 6500026576 · OGRN 1256500005024 · 25 Lunnogo Sveta St., office 12, Yuzhno-Sakhalinsk, 693004, Russia

Calls+7 (4242) 61-77-55

Telegram / WhatsApp+7 962 127-77-55

Emailinfo@restok.pro

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