Sale Settings

Each sale has its own settings. For each rate you can keep your company default or enter a different value for this sale.

• Closing: lots close one after another, a set number of seconds apart (the stagger).
• Extensions: a bid in the last minutes of a lot adds more time to that lot, so bidders can respond.
• Bid approval: bids at or above an amount you choose wait for your approval before they count.
• Bid increments: the minimum raise at each price range.
• Rates: buyer's premium, sales tax (on the hammer only), credit card fee, commission, minimum commission and buyback surcharge.

Time zone: a new sale starts in your company time zone (Company Settings). Change the Sale Time Zone if the sale is held somewhere else; the sale's times follow it.

Make sure your bidder-facing terms describe the settings you choose.