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Moving and buying · MB-12

Auction Bidding Limit Sheet

A free printable auction bid sheet — lots, condition notes, your total limit worked back to a maximum hammer price, and what each lot actually sold for.

First page of the Auction Bidding Limit Sheet — Set your limit in writing before bidding starts, with the premium and fees included, so the number you bid to is one you decided calmly.
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One page. Choose your paper size — both versions are laid out identically, so neither one gets shrunk to fit.

Print it and write on it

Fill it in type and save

The fillable versions have real form fields — open them in any PDF reader, type into them and save. Printing help.

What this sheet is for

Set your limit in writing before bidding starts, with the premium and fees included, so the number you bid to is one you decided calmly.

Who it is for

Buyers at general, classic vehicle, antique, machinery, house-clearance and online timed auctions.

How to use it

  1. Read the terms and find the buyer's premium and taxes before setting any limit.
  2. View the lots. Condition reports and photographs are written to sell.
  3. Set the limit as the total you will pay, then work back to a hammer figure.
  4. Write what each lot actually sold for, win or lose.

What is on the sheet

One page, top to bottom:

Printed under the title: The lots you want, the most you will pay for each, and what they actually went for — written before the room warms up.

Write the limit before you are in the room. The whole value of this sheet is that the limit is written down before bidding starts. Work out the total cost including the buyer's premium, any taxes and getting the thing home, because that is what you actually pay — the hammer price never is.

How to use this sheet

  1. Read the terms and find the buyer's premium and any taxes before setting a single limit.
  2. View the lots. Condition reports and photographs are written to sell.
  3. Set the limit as the total you will pay, then work back to a hammer figure.
  4. Write what it actually sold for, win or lose. After three auctions that column tells you whether your limits are realistic.

Write-on lines: Auction house · Sale and date · Buyer's premium · Taxes and fees

Table, 7 rows: Lot · Description · Viewed · Condition noted · Estimate · My total limit · Max hammer · Bid to · Sold for · Won

Write-on lines: Total spent · Premium and fees · Collection by · Transport arranged

Questions

Why work back from a total rather than bidding to a hammer price?

Because the hammer price is never what you pay. Premium, taxes, any online surcharge and getting the thing home can add a substantial amount, and people discover that after the hammer has fallen. Deciding the total first is the entire point of the sheet.

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Also in the resources library

The same subject, with a version you can fill in on screen.

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