Auction Setup
On the Auction menu, you can configure the basic setup elements of your Auction.
General Auction Settings
Starting Bidder Number
When assigning bidder number, this is the first number that will be used.
Starting Bid Amount %
The opening bid amount for your packages will be set to this percentage of your packages total value by default.
Raise By %
The ensuing bids will increase by this percentage of your packages total value.
Win It Now %
Enter the percentage of the Fair Market Value by which the Win It Now bid will be determined. Generally, we see an amount around 250% of the packages value.
Auto Fill Bedsheets
If you would like to use the above percentage values for your bid sheets, select this box. Leaving it unselected will allow your bidders to write in their own amounts.
For more information about setting up your Mobile & Online Auctions, check out this document here!