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Live Auction at header level & sequential line items in Live Auction

Dear Experts,

2 questions about Live Auction....

(1) What is the functionality of "Sequential Line Items" in Live Auction?

(2) Is it possible to conduct Live Auction at header level? Is there any work around?

GH.

Edited by: GH on Dec 15, 2010 1:20 PM

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    author's profile photo Former Member
    Former Member
    Posted on Dec 15, 2010 at 12:08 PM

    (1) What is the functionality of "Sequential Line Items" in Live Auction?

    The items are activated for bidding sequentially, instead of all at once. As a result, at a certain point, bidders are only bidding for 1 item. Only when it ends does the next item in line is enabled for bidding.

    (2) Is it possible to conduct Live Auction at header level? Is there any work around?

    If you meant for bidding on the "total value" of the auction, no, there is no such functionality in standard auction. Even with the "lotting" functionality, the bidders would still have to provide bid price for each and every sub item. The workaround is to create one item to represent the whole lot (entire group of items in the auction) and specify the sub-items contained in the lot for clairty, in a written form, either in the attachment, or "term and condition" page.

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 17, 2015 at 06:03 AM

    Hello Ganapathi,

    I have a similar case , my requirement is lets say in auction there are 3 line items ( Example) .

    I set start time as 15:10:00

    I set "Sequential Initial Duration" 6 minutes.

    I set "Sequential End-Time Gap" 5 minutes.

    Duration for Item1 15:10 + 00:06 = 15:16

    Duration for Item2 15:16 + 00:05 = 15:21

    Duration for Item3 15:21 + 00:05 = 15:26

    I want line items 2 and 3 should be open once the first item closed ( as of now default all the line items will be opened to enter the price) , our buyers saying its difficult to monitor if all the line items open at a time instead the sequential allowing will help.

    Can you please advise how to achieve the same.

    Thank you


    Regards

    Srinivas G

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