Advanced Auction Attributes

Should you require to enter more information into your lots than what is allowed by the default auction attributes, you can enable additional options following these steps.

Change Company Preferences

First your company-wide preferences need to be updated:

  1. From the Dashboard, go to My Links > Company > Profile, then to the Preferences tab.
  2. Make sure the New Auction Default is selected on the left.
  3. Enable the Show Advanced Auction option (second one from the bottom)
  4.  Save your new settings.

Auction Settings

Once this has been done a few changes to the Auction Settings page will happen:

  • Auction Attributes tab: The Lot Attributes column to the right will disappear.
  • The Adv. Attribute Settings tab will appear.
  • New Lot Attributes will become available.

This is the full listing of attributes that will now become available for your Auctions. They will apply for any lots created through the Lot Builder.

  • Assign seller(s) to lots?
    • Seller
  • Include option to list quantity per lot?: Set more than one item per lot. If it is not enabled Wavebid will assume every lot is only one item.
  • List item locations per lot?
    • Location
  • Show shipping calculator?: This feature has been discontinued.
    • Shipping Company:
    • Weight:
    • Box Fee
    • Shipping Charge:
    • Shipping Status:
  • Default starting bid?
    • Starting Bid:
  • Any reserve prices?: Ability to enter reserve prices for lots.
    • Reserve:
  • Different tax rates per lot?: Enable the ability to apply a different tax code to a single lot, overriding the tax code being applied to the entire auction. For more information view this article.
    • Tax Code:
    • Tax Exempt:
  • Default Bid Increment?: Bids for lots will increment with this amount.
    • Increment:
  • Select Closing Speed: How quickly to close lots when using a bidding platform.
    • 1 lot every 10 minutes
    • 1 lot every 5 minutes
    • 1 lot every 2 minutes
    • 1 lot every 1 minute
    • 2 lots every 1 minute
    • 10 lots every 5 minutes
    • 3 lots every 1 minute
    • 4 lots every 1 minute
    • 5 lots every 1 minute
    • 7 lots every 1 minute
    • 10 lots every 1 minute
    • 15 lots every 1 minute
    • 25 lots every 1 minute
    • 50 lots every 1 minute
    • 100 lots every 1 minute
    • All lots at once
  • Show Lot Rank?: Whether to categorize lots by rankings.
    • Highlight
    • Best
    • Better
    • Good
    • Average
    • None
  • Show Clerking Attributes?: Set specifics about how an item is to be clerked ahead of time. For further information please view this article.
    • Selling Price
    • Bidder Number
    • Number of Bids
    • Sale Group Type
    • Quantity Purchased
    • Lot Group
    • Online
    • Cost
    • Clerk Sheet #
  • Turn on High Low Estimates?: Set high amount and low amount estimates for lots.
    • Low Estimate
    • High Estimate
  • Allow Buy It Now price?: Set a sell price for a lot.
    • Buy It Now Price
  • Show appraisal values: Set amounts for the appraisal value of a lot.
    • Value 1
    • Value 2
    • Value 3
  • Show Company Defined Values: Show the list of fields defined for your company. Find more information here.
  • Show Advanced Cataloging Values: Enable the entry of additional information regarding the lot itself. There is more information here
    • Manufacturer
    • Model
    • Serial
    • Asset Tag
    • Received On
    • Breakout
  • Publish to external software: This feature has been discontinued.
  • Other Catalog Values: Set additional fields for the lot and keep them separate from other cataloging values. Please view this article for more information.
    • Obfuscate Serial
    • Unit Number
Have more questions? Submit a request


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