GoBid's philosophy is to make sure the revenues for not-for-profit organizations like yours are maximized — our fees and costs are fixed; there are no hidden costs. Here's how it works:

  • UPDATE: We have now eliminated the $500 auction registration fee.
  • GoBid's commission is 15% (+ GST)
  • Payment Processing (a maximum of 3%)
    This transaction is carried out through IATS (a division of Ticketmaster).

 


REVENUE EXAMPLE

50 items @ $100
50 items @ $50

GoBid commission (15% + GST)

Payment processing (3%)

Net revenue

$5,000.00
$2,500.00

$1,125.00 (+ $78.75)

$225.00

$6,071.25