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Pandalet

How to auction

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This post contains general general guidelines for creating auction posts, and bidding upon a listed post.  These do not form part of the forum rules, and are posted for information only.

Please note that all sales are between players, and staff will not get involved to enforce prices, sales, etc - your reputation is your own!

 

An example post:

Quote

 

Starting bid: 10 s

Increment (minimum): 1 s

Reserve: Yes, 30 silver.

Buyout: 30 s

Sniper Protection: 30 minutes/1 hour

Private Bids: Accepted/not accepted

 

 

Including a picture of the item, or of the item’s description as appropriate, will make your post more attractive.

For non-mailable items, it is a good idea to indicate whether you will be providing delivery, or if you expect the item to be picked up by the buyer.  You may also wish to indicate what server the item is on, for pick-up only or non-movable items.

 

To create your timer, please see the following:

 

You may also go directly to: https://wurmtimer.nesgamepro.com/ to create a timer.

 

Basics of your Auction Post:

Starting bid:  the starting point for bidding. Don’t put a value lower than you’re willing to accept unless you set a reserve.

Increment (minimum): the smallest increase you’ll accept between bids. For example, if you set the increment to 1s, each successive bid must be at least 1s higher than the last one.

Reserve: optional. You may start bidding at a lower price and set a reserve. Your reserve may be kept private, but is generally better stated publicly as part of the first post. The reserve is the minimum price you will accept at the end of the auction (even though bidding may start lower).

Sniper protection:  optional. When bidding gets fast paced and heated toward the end of the auction, sniper protection will extend the auction by a set time after the last bid. For example, if there are 2 minutes left in the auction, with a 1-hour sniper protection, and someone places a new high bid, the auction is extended by 1 hour. If another bid comes in after that, the auction is extended again by 1 hour from the time of the bid, and so on, until there are no more bids within an hour of the last one. The sniper protection time frame may be set to any number, though should be kept reasonable.

Buyout: optional. This is the amount you will accept for the item to end the auction early.

Private bids: optional. If you accept private bids, players can PM you their offer to remain anonymous. 

 

Suggestions:

Please be aware, your reputation is your own. Staff will generally not get involved in sales between players.

Retracting bids is within your rights, however most players frown upon this. Don't bid if you can't afford the item.

Keep your auction timer brief. Auctions that are too long run into auction fatigue, and players may forget about it, or it may be pushed down the auction list. Auctions that are too short may be missed. Two to three days is often used, with up to a week not being uncommon.

Edits: do give care and consideration before posting your auction; edits should be made only if you are lowering the price if attraction is slow and you want to kick off the bids.

Re-listing: if your item does not sell and you wish to re-list it, it is better to ask for the current post to be locked so you can create a new one, with any adjustments that you wish to make to the auction offerings.

Being forthright with your reserve price is generally well-received by players, as they know what the least amount is that you are willing to accept.

Respectful comments are allowed in auction postings, as well as any marketplace listings; this may include comments on pricing etc.  You may also PM the person directly.

If you place a bid and win, and the auction concludes, you are expected to complete the sale. Likewise, if you list the auction and the item sells for less than you’d hoped for, you should not back out of the sale.  If you have a minimum price and you’re not willing to accept less than that, please set a reserve or starting price appropriately.

If you’re unclear about how much time is left after sniper protection has been enacted, refresh the page and look at the last post. It will say how long ago it was posted. If you mouse over the post, it should also tell you when it was posted.

 

When your auction is complete, if you would like the thread locked, please edit the first post in the thread to change the title to include something like '[CLOSED]' or '[CLOSE PLEASE]'.   Do not use the 'report post' link for this.

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