GOAT Auctions provide the chance to bid on, and potentially purchase, exclusive items. Auction items may include, but are not limited to, sneakers, apparel and accessories.
Live Auctions
You can access a Live Auction either on the home tab of the GOAT app or through a relevant push notification. If you would like to bid in a Live Auction, you must first register by providing your full legal name as well as your payment, shipping and billing information. After registering, you can enter the Live Auction once it opens. Please note that your GOAT username and location will be visible to other participants during the Live Auction.
As part of the registration process, we will endeavor to remove all bots to seek to ensure a fair and honest experience.
Bidding will begin approximately 5 minutes after the Live Auction opens and entry to the Live Auction has been locked. Once the Live Auction is locked, you will have the opportunity to place your bid. Please note that registering for a Live Auction does not guarantee participation as, once entry to the Live Auction is locked, additional registrants cannot join. You can, however, still view the Live Auction proceedings if you have missed the entry window.
You will have one opportunity to place a bid during the first round. If you place one of the top bids at the time the first round closes, you will proceed to the final round of the Live Auction where you will be given the opportunity to increase your bid. During the final round of the Live Auction, you will only be bidding against the other top bidders. Please note that the number of top bidders that advance to the final round is Auction-dependent and will be communicated during the first round.
You will win the Live Auction item if you place the highest bid during the final round. You can update your bid price at any time during the final round of a Live Auction. Please note that the highest bid in the first round will become the floor in the final round (i.e., during the final round, your new bid cannot be lower than the highest bid placed in the first round).
You may leave the Live Auction at any point. However, if you placed the top bid in the final round and then exit the Auction prior to close, you will still win the Auction item. If you no longer wish to participate in the Live Auction, you must leave the Live Auction prior to placing a bid in the final round.
The final round of a Live Auction may be extended in the event there are numerous last-minute bids. The bid extension will be reflected in the Live Auction countdown timer. You may need to refresh the Live Auction page to see if bidding for an item has closed.
Immediately following the Live Auction’s close, you will be notified in the GOAT app if you have won the Live Auction item. You will also receive a confirmation email with instructions on how to complete your purchase. You will not be automatically charged upon winning the Live Auction.
You will be responsible for all applicable costs, taxes and shipping associated with a Live Auction item, which will be calculated upon checkout.
Absentee Auctions
You can enter an Absentee Auction at any point once it opens either through a relevant push notification or on the home tab of the GOAT app. Absentee Auctions do not require prior registration to participate. Once you enter the Absentee Auction, you will have the opportunity to place your bid. Please note that your GOAT username and location will be visible to other participants during the Absentee Auction.
Your bid must exceed the starting bid price set for the Absentee Auction in order to be placed. You can update your bid at any time during the course of the Absentee Auction.
For certain Absentee Auctions, multiple top bidders may win. All bids placed during an Absentee Auction are binding.
Upon close of an Absentee Auction, the winner(s) will be notified in the GOAT app and their payment method on file will be automatically charged. You will be responsible for all applicable costs, taxes and shipping associated with an Absentee Auction item, which will be calculated upon checkout.
If we are unable to charge the payment method on file, winners will be sent an email with instructions on how to complete their purchase.
Please note all Live and Absentee Auction purchases are FINAL SALE and ineligible for GOAT Storage.
You are always welcome to list eligible items for sale via the GOAT app or alias.