Long-Form Auction: More Time, Smarter Bids, Special Finds

Long-Form Auction is a specialized auction format on Palmstreet Marketplace designed for premium and high-value items. Unlike fast-paced live auctions, Long-Form Auctions run for up to 3 days and typically start above $100, allowing plenty of time to explore unique listings, consider options, and place bids confidently.

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Why Use Long-Form Auction?

• Confident High-Value Bids: Extended auction durations allow careful evaluation of product details before placing bids, helping make confident decisions when bidding on rare or luxury items.
• Discover Collectibles & Special Finds: Gain access to unique, rare, and collectible items that may not appear in regular listings — ideal for building personal collections.
• Opportunity for Great Deals: A chance to win valuable items at attractive prices, especially when competition is limited.
• Smarter Alerts & Easy Tracking: Stay informed with real-time notifications and status updates. Easily manage multiple auctions and never miss a bidding opportunity.

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How to Participate in Long-Form Auction

Find Long-Form Auctions

• Navigate to the Marketplace (Shop tab) to browse all available Long-Form Auctions.
• Visit seller profiles to see if they have active Long-Form Auctions.

Explore Long-Form Auctions

On the Auctions page, browse listings and track personal bidding activity:

• Use tabs like Popular, Highest bids, Ending soon, or Recently added to filter auctions of interest.
• Visit the My bids section to easily track all auctions already joined.

Place a Bid

• Open any auction listing to view product information, shipping & policies, and current bids.
• Complete a quick verification if bidding for the first time.
• Confirm payment method and shipping address before placing a bid.

Note:

• Long-Form Auctions typically start above $100.
• Each new bid must be higher than the last one, following set minimum increases.
• The auction countdown does not reset when new bids come in.

After the Auction Ends

• Winners get a notification and proceed to payment and delivery.
• Share auction results via social media or messages to celebrate a win.