Frequenly Asked Questions

Fox Auctions is an online auction platform where sellers can offer lots and buyers can place bids to acquire those lots.

1. Account: Your personal profile on our website. Allows you to participate in auctions.
2. Advertisement: A listing of information about a lot being auctioned.
3. Business: An organization or person acting from a profession or business.
4. Consumer: A person not acting from a profession or business.
5. Member: A registered user on the FOX Auction website. Welcome to the club!
6. Partner: A company offering a lot on behalf of the seller.
7. Seller: The person or company selling a lot.
8. Bidder: You! Or anyone else who bids on a lot.
9. Buyer: The bidder who wins a lot. Congratulations!
10. Bid: The amount bid during the auction.
11. Lot: The object or collection of objects you can bid on.
12. Auction: A sale organized by us where you can bid on lots.
13. Sales price: The amount for which the lot will eventually be sold.
14. Auction fee: A small percentage of the sale price paid by the buyer.
15. Website: Our online platform, your starting point for auctions.