If you’re getting close to reserve and buyer interest is dropping off, it’s time to consider moving the final bidding stage forward and get the competition started.
- Contact your Auctioneer to confirm they are available for the new date
- Contact your Buyers and Sellers, to confirm they are available on the new date
- Once all buyers have accepted the proposed date/time change, update the date & time of the FBS on the app. This will send an automated email to all buyers, sellers and those that have registered interest.
- Add the Final Bidding Stage date to your portals, 2-3 days prior to the Final Bidding Stage.
Remember, when changes to the FBS date or time are made, buyers must be provided with a minimum of 12 hours notice, as agreed to in the Buyer Terms of Use. |