Guaranteed Purchase (also known as Buy Now, Win It Now, Take It Home, Guaranteed Buy, and many other names) allows guests at your fundraising auction to buy an item in the silent auction at a set price. It's used on both paper bid sheets and incorporated into mobile bidding (electronic bidding) auction software systems. I like to think of Guaranteed Purchase as a convenience fee. The Guaranteed Purchase price is often set to be 150% to 200% of the value of the item. Thus, a $100 item ... Read On >