BUY IT NOW AUCTION ITEMS
Buy It Now Items for Your Fundraiser
For supporters who want the item without the contest, and for items you hold more than one of. A fixed price lets a supporter secure it instantly, gives an exit from a bidding contest, and keeps selling after the close so unsold stock does not go home with you.
INFORMATION & PRICING
START FUNDRAISING. IT'S FREE
See Buy It Now running alongside a silent auction, with items sold instantly at a fixed price
Where Buy It Now earns its place
Multiples, merchandise, and an exit for supporters who would rather pay a premium than keep competing.
With Buy It Now, you can:
- Sell items you hold several of, at a set price and quantity
- Give an exit from the bidding on an auction lot
- Sell branded merchandise, event photography or tickets to your next event
- Keep items available after the close so nothing goes home with you
Setting the price
150 to 200 percent of fair market value is a widely used convention on an auction lot, so bidding still runs but there is an exit.
Supporters can:
- Set a quantity, sell one or fifty, and the platform tracks stock
- Run it during and after the auction closes
- Combine it with reserves on the same catalog
Fixed prices make US receipting simpler
You set the price, so fair market value is documented before the event rather than reconstructed after it.
Buy It Now helps you:
- Issue the $75 disclosure as a report, not a research project
- State the deductible portion above fair market value simply
- Check with your CPA before listing merchandise for sales tax
- Use consignment items, priced from a known cost, redeemed by GalaBid's Concierge team
