The Hobby Network · Buyer Guide
A reverse auction starts high and the price drops continuously until someone buys. Qualify once so your click is guaranteed, then hit Buy now at the price you love — or set a sealed Max bid and let us catch it for you.
Open a reverse auction from the list at Reverse Auctions. It opens at a high Starting price and the Current price ticks down live. There may be a Floor price it won't drop below. The first person to buy wins at whatever the price reads that instant.
The Current price keeps falling on its own. Wait for a number you're happy with — but remember, someone else can buy first. When you see your price, you buy. The prices below are an example.
The price falls continuously until someone buys.
Not started yet? A reverse auction can be Scheduled or Coming Soon before it goes live — you'll see "This auction hasn't started yet — check back when it goes live to buy." Come back when it's Live to buy at the falling price.
Before you can click Buy now, you qualify with one of the options below. Qualifying places a hold (or a deposit) so a winning click is guaranteed — it isn't a charge until you win. Think of it as showing you're good for it, not paying yet.
Choose a payment source to back your click. Nothing leaves your balance and no card is charged at this step — the hold simply reserves the amount so that if you win, the purchase goes through instantly and can't fall through.
To click "Buy now" you first qualify with one of the options below. Qualifying places a hold (or a deposit) so a winning click is guaranteed — it isn't a charge until you win.
Nothing is charged when you qualify. The hold or deposit only turns into a real purchase the moment you actually win. If you don't win, it's released back to you.
Once you've qualified, you have two ways to win: watch and click Buy now at current price yourself, or set a Max bid (auto-buy) and let us buy the instant the falling price reaches your number — even while you're away.
Hit Buy now at current price and pick how to pay: Buy with my balance or Buy with a card. You'll confirm first — and the price is still falling until you tap yes, so another buyer can win before you do.
Buy this item now for about $3,180? The price is still falling until then, and another buyer can win first.
Don't want to watch the clock? Enter the highest price you're willing to pay. When the falling price reaches your max, we buy it for you at that exact price — the highest max wins first. Your max is sealed, so no one else can see it.
Choose the highest price you're willing to pay. When the falling price reaches your max, we buy it for you at that exact price — the highest max wins first. Your max is sealed.
Your Max bid is private. Other buyers can't see it — they only find out someone had a higher auto-buy if it wins ahead of them.