What This Step Does
Clicking Auto-Clerk This Auction Using Alt Bids will:
Automatically mark all sold lots as clerked
Skip any lots where the reserve was not met
Use underbid data from HiBid to apply winning bid amounts
When to Use This
Only run this step when:
Your auction has fully closed, and
You’ve performed a final Download Bids and Bidders
Handling Reserve Lots
Lots with unmet reserves will not be clerked automatically. For those lots, you can:
Sell manually at the highest bid
Cover the reserve gap with a buyer’s premium
Adjust the lot manually in the Clerking screen
Contact the consignor for approval
Example: If Lot #4 didn’t meet reserve, use the Clerking screen to finalize it manually or mark it as Not Sold.
Next Step
Once clerking is complete, proceed to:
Email Alt Bid Results (Optional)