Conduct auctions
After preparation is finished an auction is ready and buyers can start the bidding. When the time limit is reached or the object is hammered on the podium the object is sold or unsold.
This process may result in
Active auction.
Bid numbers are assigned.
Bids are registered.
Object is sold or unsold.
Object is retrieved and paid for.
When everything is in place the auction house normally activate the auction (combined), which will make scheduled objects visible. It is also possible to activate an auction earlier, and use the visible flag to control when objects will show online (if one has online bidding/a web page). Biddernumbers are assigned both on bidnotes and when placing online bid, but it is also possible to assign bidnumbers in the customer application (typically on the day of the podium for those participating in the room). The four ways to place bids are, on a bidnote, on a lot, online or in the auction room on podium day. Objects with bids will be sold when the auction is ending, those without bid will be unsold. RamBase is supporting both group bidding and maxamount on bidnotes. Online auctions are ending when the timelimit is reached for an object, combined auction objects "ends" when hammered on the podium. If a buyer wants to retrieve object he/she has won there is an application for easy handling of payment and closure of the transaction.
Tasks involved in this process
Activate auction/make auction visible.
Assign bid numbers.
Bidding.
Conduct the podium(combined auction).
Payment ("PAYDOC") for objects retrieved on auction days.