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LIVE & SILENT AUCTION DONOR FORM SATURDAY, MARCH 2, 2013, SOLOMON P. ORTIZ CENTER 6:00PM ITEM # RETAIL VALUE ITEM NAME PROGRAM DESCRIPTION ITEM INSTRUCTIONS/RESTRICTIONS (expiration date if any) SHOULD
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How to fill out live and silent auction:

01
Determine the purpose: Before you start filling out a live and silent auction, it is important to determine the purpose of the auction. Are you organizing it for a fundraising event, charity, or any other cause? Understanding the purpose will help you plan and execute the auction effectively.
02
Gather items for auction: Start by collecting items that can be put up for auction. Reach out to businesses, individuals, and organizations to ask for donations. You can include a variety of items such as gift cards, experiences, artwork, jewelry, or unique memorabilia.
03
Categorize and describe items: Once you have gathered the items, categorize them based on their type or value. This will make it easier for bidders to navigate through the auction. Create detailed descriptions of each item including its condition, specifications, and any additional information that may be relevant for bidders.
04
Set starting prices and bidding increments: With each item, set a starting price that is reasonable and attractive to potential bidders. Determine the bidding increments to ensure a fair and competitive auction. This will encourage participants to place bids and increase the final bid amounts.
05
Create bidding sheets or online platforms: Decide whether you will use physical bidding sheets or an online platform to facilitate the auction. If using bidding sheets, make sure to have ample copies available for attendees to write down their bids. If utilizing an online platform, set up a user-friendly interface where participants can easily view and place bids.
06
Promote the auction: Spread the word about the live and silent auction to attract potential bidders. Utilize various marketing channels such as social media, emails, websites, and flyers. Clearly communicate the date, time, location, and any special rules or instructions for participating in the auction.
07
Organize the event: On the day of the auction, set up the physical space or virtual platform where the event will take place. Clearly display the items up for auction and provide easy access for participants to view and place their bids. If it is a live auction, have an experienced auctioneer lead the event and engage the audience.
08
Track bids and collect payments: Throughout the auction, keep track of the highest bids for each item. Make sure to note the bidder's name and contact information. Once the auction concludes, reach out to the highest bidders to collect their payments. Provide clear instructions and deadlines for payment to ensure a smooth post-auction process.

Who needs live and silent auction?

01
Non-profit organizations: Non-profit organizations often organize live and silent auctions as a strategy to raise funds for their charitable causes. These auctions provide an opportunity for supporters to contribute while also enjoying a fun and engaging event.
02
Fundraisers: Many fundraisers, whether for schools, sports teams, or community projects, can benefit from live and silent auctions. These events boost community engagement and generate funds for projects or programs that benefit a larger group of people.
03
Event planners: Event planners may incorporate live and silent auctions as part of their overall event strategy. These auctions add excitement and entertainment to conferences, galas, or corporate events, providing an interactive element for attendees.
In summary, filling out a live and silent auction involves determining the purpose, gathering items, categorizing and describing them, setting starting prices and bidding increments, creating bidding sheets or online platforms, promoting the event, organizing the auction, tracking bids, and collecting payments. Live and silent auctions are commonly utilized by non-profit organizations, fundraisers, and event planners for various purposes.

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A live auction is an event where items are presented for bidding in person, while a silent auction is conducted without an auctioneer in which participants place their bids on a sheet of paper.
Any organization or individual hosting a live or silent auction event may be required to file documentation related to the auction.
To fill out a live or silent auction report, one must provide information on the items being auctioned, the bidders, and the final sale prices.
The purpose of a live or silent auction is to raise funds for a specific cause or organization by selling items to the highest bidders.
Information such as the items auctioned, the names of bidders, the final sale prices, and any fees or commissions collected must be reported on a live or silent auction report.
The deadline to file live or silent auction reports in 2023 may vary depending on the jurisdiction or organization's requirements.
Penalties for the late filing of live or silent auction reports may include fines or other disciplinary actions.
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