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- Help Center
- Learning the Software
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Let's Get Started
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Learning the Software
- Setting Up Your Auction
- Managing Items
- Create Ticketing for Your Event
- Invitee Management
- Guest List Management
- Bidder Management
- Register and Check-in
- Running your Auction Event
- Set Up Your LIVE Stream
- Handbid Puzzle
- Mobile App Management
- Closing your Auction
- Invoices and Receipts
- Post Event - Reconciliation and Reporting
- Setting Up Your Peer-to-Peer Fundrasier
- Managing Your Peer-to-Peer Event
- Running Your Virtual Auction
- Setting Up Your Non-Auction Event
- Raffles and Prizes
- Digital Seen
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Handbid How-To Tutorials
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Support your Donors
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Helpful Tips
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Additional Resources
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Handbid Support
What is an Auction Premium?
This will cover what an auction premium is and how to set it as an auction manager.
The Auction Premium is a surcharge that is added to all items on an invoice. This surcharge is a percentage designated by the Auction Manager and cannot be removed from any invoice once the auction has closed.
It is important to know the Auction Premium is NOT meant to be an added fee to recoup credit card fees. To learn more about how to pass credit card fees on to a bidder, please visit this article: Passing on Fees to the Bidder, Donor or Purchaser (handbid.com)
How to set an Auction Premium
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Go to the settings gear wheel in your Auction or Campaign
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Go to the "FINANCIAL" tab
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Enter the percentage you'd like to have added to all invoices.
The Auction Premium will apply to all invoice items in your event and cannot be removed or adjusted after the auction closes.