Auction of Promises provides a complete, flexible and free service for starting and running a fundraising auction for any cause. Participants are able to donate
promises to a specific auction, or bid online in their own time and
from any location. An auction lasts for
as long as you choose, giving
bids plenty of time to escalate towards the target.
An auction may be started in two steps -
State your cause and set up other auction details - such as
specifying who may add promises and who may bid at the auction.
Either add the promises (lots) yourself or invite others to
At the end of the auction -
When bidding ends, bidders may contact the promise contributors to arrange
fulfillment of the promise.
The auction owner has options to receive a list of the
promises, winning bids and the
In more detail -
Promises are donated to a specific auction.
Contributors state the location in which they are offering their promise - this could be their town or have no geographical
The auction owner (person starting the auction) chooses the date and time on which
bidding will end. Promises may be donated at any time until the auction is closed.
The auction owner may choose whether anyone can add promise, or limit people to a list.
Once an auction has been set up, an invitation link is available which may be emailed,
added to a website or blog in order to let people know.
Potential bidders, contributors and the auction owner
can communicate with each other via the Auction of Promises website. All data is protected on the site by several
As bidding progresses a graphical totaliser shows how total
bidding is doing against
the final target.
There is no need to make any payments or give
bank details to Auction of Promises.
When a bid is made on a promise, an agreement is made
between the bidder and the promise contributor that the highest bidder will settle the
amount with the contributor
at the time the promise is fulfilled. The contributor agrees that funds collected are paid on
receipt to the auction owner.
Funds can be collected for promises using PayPal, Auction of Promises does not charge