Proxibid
Proxibid is an online marketplace where auction houses run live and timed sales of equipment, vehicles, collectibles and other goods, at proxibid.com. This page covers what sells there, how bidding works, and how each seller sets the buyer's premium, payment and pickup.
- Founded
- 2001
- Based in
- Omaha, Nebraska
- Buyer's premium
- Set by each seller
- Formats
- Live and timed
Go to Proxibid →How buying worksFees
About Proxibid
Proxibid was incorporated in July 2001 in Omaha, Nebraska, by a group of founders including Joe Petsick. It grew from webcasting local auctions into a national marketplace. It has well over 150 employees and handles billions of dollars in goods each year.
Independent auction companies list their sales on Proxibid. Buyers join live auctions through a streaming bidding app or bid in timed online sales. Each seller sets its own terms, premium, payment rules and pickup or shipping. Proxibid sends winning notices for timed sales, and sellers usually email invoices within 48 hours.
What's sold on Proxibid
How buying works at Proxibid
- Make an accountSign up on Proxibid and add a payment card.
- Get approvedAsk the seller to approve you for each auction. Some sellers ask for references or a deposit.
- Read the termsCheck the premium and terms at the top of the auction page and in its terms of sale.
- BidJoin the live stream or bid in a timed sale from any device. BidLock keeps the bid button off until you turn it on.
- Pay and collectPay the seller's invoice by its deadline, then pick up or arrange shipping.
What it costs
Proxibid does not set the buyer's premium. Each seller sets it per auction, and it appears on the auction page.
| What | Cost |
|---|---|
| Buyer's premium | A percentage of the winning bid set by each seller. Some sales have none. |
| Online premium | Some sellers add a few points for online bidders. One 2026 sale charged 10% on the first $2,000 and 2% on the rest, plus 4% for online bids, so 14% and 6%. |
| Card surcharge | Set by the seller. One sale charged 3% on card payments. |
| Sales tax | Charged on the winning bid plus the premium. |
| Shipping | Set by the seller. Some items are pickup only. |
| Proxibid fee to buyers | None charged directly. Proxibid charges sellers, who may pass part of that on. |
A worked example: under the 14% and 6% online premium above, a $10,000 winning bid carries a $760 premium ($280 on the first $2,000 and $480 on the rest), for $10,760 before tax and shipping.
Paying, pickup and storage
| When to pay | Set by the seller, often within 24 hours to a few days of the close. |
| Payment | Set by the seller. Sellers with the APN badge charge the card on file at close. Others take wire, card or check. |
| Invoice | Sellers usually email an invoice within 48 hours, listing premium, tax and shipping. |
| Pickup | Set by the seller. One 2026 sale required removal within one week. |
| Shipping | Quotes appear in the lot's special terms. Proxibid points buyers to partner shippers for large items. |
| Financing | Some categories offer financing through a partner from the auction page. |
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From Proxibid
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UX Search is independent and is not affiliated with or endorsed by Proxibid. Bidding, payment and delivery all happen on the house's own site under its own terms. Information checked October 22, 2026 from discover.proxibid.com (buyer's premium guide, bidding and buying, our services) and proxibid.com lot page with one seller's 2026 buyer's premium and payment terms and siliconprairienews.com (company history); fees and rules can change, so confirm them on the sale page.