A new and quicker way for buyers to submit bid to the seller. Auction has many steps from creation to end of life.

1. New auction can be created right after publish or on existing listings from item edit page or user section

2. Seller fill all required information, set auction checkbox on and publish item

3. Auction is kicked-off instantly after publishing item and run for 7 days. It is now possible to place bids.

4. Buyers place bids. First bid is 10% of original amount.

5. Bid with highest amount at the end of auction (current bid amount) is marked as winning bid. These details are populated into auction record as well.

6. Seller can also decide not to accept winning bid If highest bid is lower, auction is finished as unsuccessful and seller cannot accept winning bid.

7. Seller now must accept winning bid if Highest bid fulfill reserved price requirements

8. Auction is considered as closed  after 7 days