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How Our Yacht Auctions Work

Open Yacht Bid is Türkiye's first platform selling yachts by open auction: each auction runs to a fixed end time, bids progress publicly in real time, and once the reserve is met the yacht sells to the highest bidder. Transparent process replaces closed-door negotiation — buyer and seller see the same information.

A free account is all you need to bid; every listing states the current bid, the increment and the buyer's premium rate. Add the boats you like to your watchlist — you are notified the moment you are outbid, and most auctions are decided in the final 48 hours. The full process — from what a reserve price means to the handover steps after winning — is covered in our auction guide and 45-question FAQ. If the model you want is not in a live auction, check our fixed-price sales showcase too; survey and sea-trial availability is flagged on listings in both.