Secure Auctions from TRAC... the safest, soundest way to conduct an auction sale.

More bidders can equate to higher sales prices, but for certain auctions (such as those involving real estate and high-dollar items) it can be more important to ensure that all participating bidders are qualified to bid. While sellers here have always been able to restrict bidding to ID verified members only, our Secure Auctions allow sellers to raise the bar further. They can limit participation in their auctions to bidders who have been manually approved or pre-qualified by checking the "bidder approval required" box during auction setup.

A seller may require funds to be placed in escrow by a prospective bidder before being approved to bid. An example of such an auction would be those of our real estate auctions which require a Registration Deposit. Alternatively, a seller may require certain forms to be executed and returned prior to participating. Or, both a deposit and forms may be required. You get the idea. By limiting the competition for ownership between only those prospective owners who are permitted, our Secure Auctions go a long way towards eliminating non-performing bidders and shills.

We are happy to provide free support to our valued members who wish to use this feature. Please feel free to contact us for more information.