# English (classic) auction

In an English (classic) auction, you compete by submitting lower bids throughout the event. If your bid is the lowest at the end, you win. This is the original reverse auction format.

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**Contact buyer:** If you have questions for the buyer, see [Communicate with buyers.](https://docs.fairmarkit.com/suppliers/suppliers/events/communicate-with-buyers)
{% endhint %}

### How to respond to an English (classic) auction <a href="#howtorespondtoanenglishclassicauction" id="howtorespondtoanenglishclassicauction"></a>

<figure><img src="https://2355290214-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FGKTC3T55SVuW5ztzEXd7%2Fuploads%2FjtetVLKkYr4hCiE0ct8q%2Fenglish-auction-s_thumb_0_0.png?alt=media&#x26;token=82f4d631-c6c8-445a-a236-c45c7f841be6" alt=""><figcaption></figcaption></figure>

#### Bid on auction

Open the auction, review the details, and submit your initial bid.

<figure><img src="https://2355290214-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FGKTC3T55SVuW5ztzEXd7%2Fuploads%2FbEyqitIbX8SrN7hUwVqb%2Fimage.png?alt=media&#x26;token=9570641e-0e24-4665-b1f5-e966f892d964" alt=""><figcaption></figcaption></figure>

#### Compare and adjust your bid

Using the Reverse auction area on the response screen, monitor your ranking and adjust your bid to stay competitive.

<figure><img src="https://2355290214-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FGKTC3T55SVuW5ztzEXd7%2Fuploads%2FXD4utQmBR3Ly77s7mFFt%2Fimage.png?alt=media&#x26;token=05c5d4cc-bade-48d6-b412-0398828f40c0" alt=""><figcaption></figcaption></figure>

#### Review award

After the auction closes, the buyer will review all bids and select a winner. You can track the [event status](https://docs.fairmarkit.com/suppliers/suppliers/events/event-types/event-status-suppliers) from your [events list](https://docs.fairmarkit.com/suppliers/suppliers/events/manage-your-events-rfq) (auctions are available on the RFQ list).

<figure><img src="https://2355290214-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FGKTC3T55SVuW5ztzEXd7%2Fuploads%2F4NmODrJwkE7fAJAKR30Q%2Fimage.png?alt=media&#x26;token=2e1622d5-d68d-41c9-a8b0-372766d4c918" alt=""><figcaption></figcaption></figure>

### Get started <a href="#getstarted" id="getstarted"></a>

* [Respond to an English (classic) auction](https://docs.fairmarkit.com/suppliers/suppliers/auctions/english-classic-auction/respond-to-an-english-classic-auction)
* [Compare and adjust bid](https://docs.fairmarkit.com/suppliers/suppliers/auctions/english-classic-auction/compare-and-adjust-bid)
* [Review awarded English auction events](https://docs.fairmarkit.com/suppliers/suppliers/auctions/english-classic-auction/review-awarded-english-auction-events)