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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
- Running Your Virtual Auction
- Setting Up Your Non-Auction Event
- Raffles and Prizes
- Digital Seen
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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 briefly cover what an auction premium is, as well as how to set it as an auction manager.
The Auction premium is an amount added to live and for sale items. It is not meant to cover credit card fees because you have to legally provide the option for a donor to “opt-out” The Auction Premium is a surcharge (additional charge), to those live auction and for sale item types.
How to set an Auction Premium
1. Go to the settings gear wheel in your Auction or Campaign
2. Go to the "FINANCIAL" tab
3. Enter the amount you'd like to add as a premium as a percent.
The Auction Premium will apply to all items in your auction that are a live or for sale item type. If you wish to adjust or tax items individually you can do so within the item itself.