Selling through Auctions
When you list an item for sale on MartFame Auction, you choose a starting price, and interested buyers place bids. When the auction ends, you sell to the highest bidder.
Are you a buyer looking for information on making bids? Read our article on making a bid on an item -->
Setting up your auction-style listing
You can choose whether your auction should run for 1, 3, 5, 7 or 10 days. A 1-day auction is designed for items that need to be sold quickly because they're time–sensitive, such as event tickets. Unsold auctions may be automatically relisted.
Set a starting price in the Choose a format and price section of the quick listing form. If you use the business tool, you'll enter the starting price in the Selling details section
Pricing tips:
A low starting price can help attract bidders
You can add a Buy It Now price to an auction listing, and it will be shown until the first bid is placed. The Buy It Now price has to be at least 30% higher than the auction starting price.
If you're selling a vehicle, you can add a reserve price to make sure you get the price you want for your item
Fees for auction-style listings
You may be charged an insertion fee to list your item. You will receive one insertion fee credit for each auction-style listing if that listed item sells. (Exclusions apply.)
If you're a non-business seller, automatic relists are free
You'll be charged a final value fee after the sale.
There are also fees for optional advanced listing upgrades and services.
For more details, see our articles on Selling fees or Store selling fees.
