| Understanding silent auction rules can help you to | | | | The winner of the auction is one, who places the |
| communicate well with the participants. There are | | | | highest bid within a specified time.o The bid sheet |
| some general rules for running a silent auction. | | | | should not be removed from the silent auction table.o |
| However, the auction conducted for a charitable | | | | Bids would not be made after an item is closed.o The |
| purpose can change some of the rules. For every | | | | bids must be increased, as per the specifications given |
| silent auction item, there should be a bid sheet, which | | | | in the bid sheet.o If any conflict arises in identifying the |
| offers details about the item, minimum bid and bid | | | | last valid bid for a particular item, the auction staff has |
| increments. The bidders need to write their bid number | | | | the right to determine the winner. They can also use |
| and bid amount on the bid sheet given to them. They | | | | some alternate method of closing the item. |
| are responsible for paying for the auction items they | | | | The auction rules stress that the bid sheets must |
| win. The winning bidders must pay and pick up the item | | | | include all known or apparent contents and details of |
| within the prescribed date. | | | | the items. If it is not possible to display gift cards or |
| General rules:o Auction rules specify that all the bidders | | | | certificates, it is advisable to display at least the copies |
| should be aged eighteen years or above. The bid is | | | | of such items. The trips and tour packages are the |
| interpreted as a legal agreement between the | | | | most appealing silent auction items and are often |
| auctioneer and bidder, where the bidder must | | | | offered by the auctioneers. The reservation for trips, |
| purchase the listed item at the amount indicated.o The | | | | bed and breakfast in hotels and ticket redemption |
| bidder must write his name and bidding number in the | | | | must be mutually arranged by the donor and the |
| space provided in the bid sheet. He should also write | | | | winning bidder. |
| his bid in the appropriate space. The new bids must be | | | | Online silent auction rules are almost similar to that of |
| higher than the previous bid.o The winning bids must be | | | | normal silent auction. The bidder can place his bid by |
| settled by cash, check or credit card at the end of the | | | | filling out the information in the bid form, included in the |
| event or within a prescribed date. Payments must be | | | | respective website. It is important to select the item for |
| made in full. Bids showing cents will be normally | | | | which he is placing the bid. If his bid is the winner of an |
| rounded up to the next dollar amount.o The silent | | | | item, he would be informed via email. He then needs to |
| auction rules do not allow the bidder to scratch out the | | | | make payment by way of check, credit card or |
| bids, in order to protect the integrity of the bidders.o | | | | money order. |