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Rules for the Silent Auction Silent Auction will begin at 7:00 pm and close at 9:15 pm. Each item has a bid sheet with a description, its value, the minimum opening bid and the minimum bid increments.

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How to fill out the Silent Auction Rules online

Filling out the Silent Auction Rules online is a straightforward process designed to facilitate your participation in the auction. This guide provides step-by-step instructions to ensure you understand how to complete the form accurately and effectively.

Follow the steps to complete the Silent Auction Rules online.

  1. Press the ‘Get Form’ button to access the Silent Auction Rules document and open it in your preferred online editing tool.
  2. Review the opening summary that outlines the auction details, including the start and end times. Ensure you understand the timeframe for bidding.
  3. Familiarize yourself with the bid sheets for each item. Each sheet includes a description of the item, its value, the minimum opening bid, and the bid increments necessary for subsequent bids.
  4. Locate the designated area on the bid sheet where you must clearly print your name and the Bid # provided when you check in. This identification is crucial for the bidding process.
  5. Check the minimum opening bid required for your chosen items and ensure that your opening bid meets or exceeds this amount. Each new bid must surpass the previous one by the specified increment.
  6. Understand that winning bids will be determined by the highest bidder by the close of the auction. Ensure that your final bid complies with the bidding increments to avoid disqualification.
  7. Read the checkout procedures carefully. Prepare to make payments for auction items with a credit card or check, and remember that all financial transactions must be completed per the stated guidelines.
  8. Make any final adjustments to your bids and once certain, save your completed auction rules document. Options are available for you to download, print, or share this form as necessary.

Participate in the auction by completing your documents online today!

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Once you've imagined the best possible displays, you'll need to write creative descriptions for your silent auction items. Start with catchy titles. Always lead with an eye-catching headline! ... Set the scene. Help your silent auction bidders imagine winning each item. ... Include the details.

A good rule of thumb is to provide 1 or 2 auction items for every bidder or spender at your event. For a guest list of 100 people (roughly 50 couples who'll be bidding and spending together), approximately 25-35 items would create an effective market that's competitive but not overwhelming.

19 Steps To Running a Successful Silent Auction Assemble your team. Identify who will help you organize the silent auction. ... Make a plan. ... Find a venue. ... Source high-value items. ... Pre-promotion and publicity. ... Create item description sheets. ... Create bid sheets. ... Get silent auction software (optional)

A silent auction is a fundraising process in which bids are placed on items during a set timeframe. After the auction closes, the highest listed bidder for each item wins. Traditional silent auctions have paper bid sheets where bidders manually write their bids on each item.

The general rule of thumb for silent auctions is to make the bid increment 10% of the fair market value. If you've set the starting bid at 30%, you can reach 70% in as few as four additional bids. Anything above those four bids earns you an above average return on the item.

What Goes in a Silent Auction Bid Sheet? Bidding number and name. Adding a line or section for the attendees' bidding numbers and names makes tracking who participated in the auction easier. ... Item number. ... Item title and description. ... Starting bid. ... Item value. ... Minimum raises. ... Buy-it-now price.

A silent auction is a fundraising event that allows donors to “silently” bid on items you've procured for a set amount of time without an auctioneer at the helm. Each auction item goes home with the highest bidder when the event ends, and because auction items are donated, your organization gets all of the proceeds.

Auction Items Rules Right to change items: Items may be added or withdrawn, without notice. All sales final: All sales are final, there are no exchanges, and all items are sold “as is.” No refunds: No refunds after purchase. ... Limits may apply: Gift cards or certificates are subject to availability and “black-out” dates.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232