closo wholesale
Setup guide Apply to sell Log in Sign up free
Liquidation lots Auctions
Liquidator auctions

Watch for free. Bid with a card that is held, not charged.

Anyone can open an auction room and follow every bid. Bidding takes a free Closo account and a card on file — and the card is only ever charged if the timer ends with you in front.

No invoice, no payment link, no waiting on the seller. You win, it settles.

Lot closes in 0:06 A bid now moves it back to 60s
$0charged to place a bid — the card is held, not billed
60sa late bid puts back on the clock, so a lot cannot be sniped
1hold per lot, at your maximum, captured at the final price

How a bid works.

Four steps, and only the last one moves money.

01

Watch without an account

Open the room and follow every bid as it lands. No sign-up, no card, nothing to dismiss.

02

Attach a card before your first bid

Not after you win — before you bid. It is what lets a liquidator put real stock in front of strangers.

03

Set your maximum and bid

Your card is authorised for that maximum once. Authorised, not billed — and the amount does not climb as the price does.

04

Lose and it is released. Win and it settles

Lose the lot and the authorisation is released. Win it and the final price is captured from that same card, automatically.

A lot cannot be sniped.

A bid in the last 60 seconds puts the clock back to 60 seconds. It does that up to 60 times, with a tail of at most 60 minutes on one lot, so the winner is whoever actually wanted it most — not whoever had the faster connection.

Lots run about 5 minutes each by default. A liquidator can switch extensions off for sudden death, and the room says so before you bid.

What happens to your money.

Every outcome, stated before you bid rather than after.

If you win

  • The final price is captured from the card you bid with — automatically, the moment the lot closes.
  • Anything held above that price is released.
  • The order carries the same buyer protection as any lot bought here.

If you do not

  • Nothing is charged, and the authorisation is released.
  • No invoice arrives, and no seller has to contact you.
  • You keep watching, or bid on the next lot in the room.

Questions bidders actually ask.

Is my card charged when I bid?

No. It is authorised for the maximum you set, which reserves the amount with your bank without taking it. If you lose, the authorisation is released.

Why is the hold my maximum and not the current price?

Because a card authorisation cannot be increased later. It is placed once, at the most you said you would pay, and captured for the price the lot actually closed at.

Which card is charged if I change my default later?

The one attached when you placed the bid. Changing your default card afterwards does not move the charge.

Can someone win by bidding in the last second?

Not unless nobody answers. A bid inside the final 60 seconds puts the clock back to 60 seconds, up to 60 times.

Do I need an account to watch?

No. Watching is open to everyone. An account and a card are needed only to bid.

Watching costs nothing. Start there.