Fair Market vs Donor Value on Donations

When working out the details on your silent auction item, it's imperative that we accept that many donors exaggerate the value of their donation. Just because a donor tells you something is worth $3000.00, does not necessarily make it so. Our job is to recognize that fact, before we start calculating opening bids and bid increments...not to mention fundraising expectations.
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Keep Auction Item Descriptions Simple

Don't know where it started, but somewhere along the way, auction committees started writing really long and detailed descriptions of items being offered in Live/Silent auctions. Most are taking a stab at being creative or cute in an effort to convince folks to bid. Sometimes we get too carried away.
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Opening Bids & Increments for Silent Benefit Auctions

The Immutable Laws of Silent Auctions: Silent Auction Bidders are "shoppers" looking for a deal. Nothing you can do about it. If your opening bids are too high, "shoppers" will pass an item by early in the evening. If your increments are to low, you increase the odds you may never reach the maximum yield on an item.
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