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| Forward Auction Overview |
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Both the Seller and the Buyer complete the online registration process including shipping points, regulatory and banking information.
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The seller chooses "Start an Auction" from the |
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The buyer clicks on an auction listing from the |
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The Auction winner is determined by sophisticated software based on price, volume and timing.
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A funds transfer from the bidder takes place immediately.
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Upon successful funds transfer, freight company is dispatched to seller's location.
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Product is loaded and delivered to bidder's location. |
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Bidder inspects and accepts product. |
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Funds are released to seller. |
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Both the Seller and the Buyer complete the online registration process including shipping points, regulatory and banking information.
The seller chooses "Start an Auction" from the
The buyer clicks on an auction listing from the
A funds transfer from the bidder takes place immediately.