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SOLD II Automobile Auction Software

SOLD II® Buybacks & No Sales vs Reserve

Using the “Buyback” option, if the seller and wining bidder are the same, the buyback purchase will no longer be added in to that bidder's invoice.
In addition, a buyback commission can be charged the seller at at different rate than other sold items.

This all happens seamlessly and automatically; the clerks needed even be aware that the bid entered is for a buyback.

Some auctioneers charge on a different fee schedule for a no sale based on not meeting a reserve. In this case the auctioneer awards the bid to a special bidder number or numbers that you assign for this purpose, and the rest is automatic and seamless, just like the buybacks.

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