Buyer's Premium

Apply an additional percentage-based fee to selected auction items—commonly used for commission or consignment items.

💡 Good to Know

• The Buyer’s Premium is calculated automatically when the item is sold
• The premium appears as a separate line item on the guest’s statement
• A value of 0% disables the Buyer’s Premium
• You can use both a processing fee and a Buyer’s Premium together

How It Works

• You set a percentage fee
• You choose which items the fee applies to
• The system calculates and adds the fee at checkout

Step 1: Set the Buyer’s Premium Percentage

1. Go to General Settings from the Dashboard menu
2. Click the Advanced Settings tab
3. Locate the Buyer’s Premium section (far right)
4. Enter the desired percentage (%)

⚠️ Important

Click Save at the bottom of the page to apply your changes

Step 2: Apply Buyer’s Premium to Items

1. Go to Auction Items from the Dashboard menu
2. Either:
   • Click the Edit (pencil) icon on an existing item
   • Or click Add Item to create a new one
3. Scroll to the bottom of the item record
4. Check the box: “Buyer’s Premium applies to item”

⚠️ Important

Click Save / Update to apply the change