Create an Auction

A walk through and guide to FAQ's around creating your auction.

How do I create my auction?

To create your auction, you have two ways to achieve this. Click the “Create Auction” button at the top right-hand corner of your screen (1) or go to your main navigation dashboard on the left-hand side of your screen, select “My Hosted Auctions” (2). From here, you can click on “Create Auction” at the top of the page alongside “My Auctions | My Bids | Registrations” (3) you will then need to follow 7 steps to create your auction.

Listings- Here you can select from your existing listing which ones you wish to enter your auction. You can use the search bar and filters to narrow down your listings list (1) or browse the full list too where you can then easily select each item using the “Select” tick box (2). Once you have selected your auction items then click “Next” (3).

 Manage Listings- This step allows you to not only set the pricing for each of your item lots (1) but also set reserve pricing should this be required (what is this?) (2). Once you have set your price, you can then click on the cog icon next to the price field (3) and set the opening bid price (what is this?) and have confirmation on the Minimum Bid Increment. Once all the pricing information is updated click “Next”.

 Settings- From this step on we are no longer working with individual listings, rather your whole Auction.

General & Price- This section allows you to set auction currency (1), Auction duration and start time (2) and if you wish to include “BUY NOW”, “HIT THE BID” (what is this?) and “INSTANT BIDDING” (3).

Turn on your instant bid registration if you would like any interested bidders to register to bid in your auction-without your prior approval. Turn it off if you want to approve your bidders first before letting them into your auction.

Policy & Post Settings- This step allows you to choose who can see your auction. All your options are listed for where the auction will be promoted. Should you only want your connections to see your profile in the auction and if you wish to share the auction in your newsfeed and tag your connections to ensure they do not miss this auction. These are explained in more detail here.

The create auction page gives you the option to choose to either assign of transfer the auction to your co-workers.

I don’t have any sale or rental listings to convert to an auction listing, what should I do?

To create an auction listing, you must first create a regular listing. There are two ways in which you can add your listings:

1. Click the “Create Listing” button at the top of your screen (1) and follow the form on your screen.

2. Go to your main navigation dashboard on the left-hand side of your screen, click on “My Listings” (2) then click “Add Listing” (3)