1. What is the "Buy It Now" option?
The Buy It Now button allows bidders to immediately purchase an item at a set price. When a bidder selects this option, the item is removed from the bidding process, and no other bidders can place bids on it.
2. When does the "Buy It Now" button become active?
While items can be viewed before the auction starts, the Buy It Now button is not visible or active until the auction officially begins.
3. When do bidders pay for Buy It Now items?
Bidders are not required to pay immediately when using the Buy It Now option. Payment can be made at any time before the auction ends.
4. How can bidders pay for Buy It Now items?
Bidders can log in to their account via:
BiddingOwl.com > Bidder Sign In > Cart,
then proceed to complete payment for any Buy It Now items.
5. How can I check if a Buy It Now item has been paid for?
As the auction organizer, go to:
Items > Item Management,
then check the "Paid" column for the specific item.
6. What happens if someone bids above the Buy It Now price?
If no one has selected the Buy It Now option yet, and a bidder places a bid higher than the Buy It Now price, the Buy It Now button will disappear, and standard bidding continues.
7. Do I have to use the Buy It Now option?
No. If you prefer not to use Buy It Now for an item, simply leave the Buy It Now field set to zero when setting up the item.