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Knowledge Center

Settings for Auction - Preparing auctions

Setting name

Description

PostPrice when Reschedule LOT

If this setting is "ON" - PriceEstimate will be set equal to PostPrice when rescheduling a LOT in status=6. The update on PriceEstimate will be calculate from a settings (SCV;TYPE:BIDSTEP) that keeps information about when (after how many times the LOT have been tryed sold (number of RUNs on the LOT)), and how much the price should be decreased according to the existing PriceEstimate on the LOT

Start bid percent for combined auctions

Start bid percent to be set on new auction objects (LOT) when CLASS is set to "Combined". Value is set on auction event (EVT) and inherited to the objects.

Start bid percent for online auctions

Start bid percent to be set on new auction objects (LOT) when CLASS is set to "Online". Value is set on auction event (EVT) and inherited to the objects.