Other auction systems expect you to assign a dollar value to every single item. That means appraisals, market research, and a whole lot of time (and money) wasted just trying to put a price tag on everything. We make it way easier. Instead of stressing over real-world values, our platform uses a simple point system. Participants bid with points, not dollars, so the whole process moves faster. No need to hire an appraiser or crunch numbers—just focus on what matters: dividing assets quickly, smoothly, and stress-free.
Managers input auction details: assets, participants, rounds, and bidding intervals.
Managers assign bidding points to participants for asset distribution. Participants can also add items to the auction with manager approval.
Bidding 0 points on an asset shows minor interest and willingness to receive it. Bidding a large percentage of points indicates a strong desire for that asset.
A winning bid percentage allows items without a winning bid to advance to the next round for further bidding. Winners have their winning bid points deducted from their total.
Refunded points for unawarded items initiate successive rounds of bidding and awarding until all assets are distributed.