This article described the process for indicating that an employee or owner of an auction house may be placing bids in their own event.
This article contains the following sections:
About Bidding in Your Own Event
In some cases, an employee or owner of an auction house (or a consignor with items in the auction) may wish to place bids in their own event. Industry best practice is to notify bidders of this practice before they place bids.
AuctionBuilder has a feature that can be turned on that adds a disclaimer to the event on Proxibid.com that notifies potential bidders that the auction house is planning on participating in their own event. This gives bidders an option to not participate in the event, if they feel this practice is unfair.
Bidding in your own event without having this disclaimer enabled is a violation of Proxibid's Unified User Agreement (§10.k.).
Enable Bidding in Your Own Event
Auction companies who wish to place bids in their own event must contact Seller Support or your Client Success Manager to turn on this feature.
Once enabled, the disclaimer will automatically appear at the top of the Terms of Sale (as seen in the screen shot above) for any events created after the feature was enabled at the account level.
Events that were created before the feature was enabled, will also need to be enabled at the auction level. Contact Seller Support to have the feature enabled on an previously existing events.
To have the feature disabled on any event, contact Seller Support.