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Press Room & Blog

BidVex Articles, Guides & Platform Insights

The centralized repository of operational definitions, user hints, and technical explanations powering the BidVex community.

Press or media inquiries? Email service@bidvex.com — we respond within 1 business day.

Platform

How the BidVex Auction Engine Works — Hammer Price, Buyer Premium & Settlement

A clear breakdown of how the final hammer price is determined, when the buyer's premium applies (3%–5% by tier), and the role of the 14.975% Quebec tax on platform service fees.

6 min readRead more
Compliance

Becoming a Certified Vehicle Dealer or Broker on BidVex

The full broker-gate verification pipeline: OMVIC, AMVIC, VSA and SAAQ license validation, $200/yr subscription with the LAUNCH50 coupon, and the buyer security deposit mechanics.

8 min readRead more
Storage

Commercial Storage Facility Auctions — Compliance & Buyer's Premium

How abandoned storage unit liquidations work under Quebec self-storage statutes, including the standard 5% buyer premium and notice-period requirements.

5 min readRead more
Vehicles

Vehicle Hammer Price — Why BidVex Never Touches It

Direct buyer-to-broker settlement, Stripe Connect only processes service fees, GST/QST split, and SAAQ/OMVIC title transfer obligations.

7 min readRead more
Partners

Inside the Contractor Commission Engine — 5% Baseline, +1% per Week in the Top 5

How verified contractor acquisitions earn a structural 5% baseline commission, the Monday-reset Top-5 leaderboard +1% bonus, the -1% drop-out deduction, and the 20% effective ceiling.

6 min readRead more
Security

The Watchdog Fraud Engine — How BidVex AI Telemetry Protects Every Auction

Real-time photo-EXIF analysis, duplicate-listing detection, bid-velocity scoring, and the GenAI direct watchdog that scores every new listing before it goes live.

9 min readRead more

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