Building Auctions
In the dynamic and fast-paced world of business, the ability to pivot and seek out new opportunities is essential for success. The bigger the company, the harder and more costly it is for big changes. Building Auctions, allow companies to experiment or change industries more conveniently.
Requirements
Unlocks at player level 20 (Limited Company)
Building(s) need to be level 5 and/or be an abundance of 95%+
Sending Buildings to Auction
Seller, sends building to the Auction from Building menu.
Select “Send to Auction”
Building needs to be Idle to send to auction.
Once the building is sent to the Auction, the construction slot will be Empty.
The building can no longer be controlled (production, retail, downgrading, scrapping, adding robots).
The Building no longer counts towards Administration Overhead.
Once the building is sent to the Auction it is final and cannot be reversed.
Building Auction
Building Auctions are accessed by selecting the Exchange, then selecting the Gavel
Auctions
Building Auctions are Realm Specific.
Auctions are first-price sealed-bid auctions.
Highest Bid Wins
Bids are Hidden
Auctions last for 24 hours.
Minimum bid is scrap value of the building (see encyclopedia).
A 20% fee is deducted from winning bid at the end of the auction.
Buyer
Buyers can bid on any number of Buildings.
Buyers do not need an empty building slot to bid or win an auction.
Bid(s) are resolved when auction ends. Bids can be taken down at any time during the auction.
Bid(s) are disqualified if there is not enough money at the end of the auction.
All information will be provided on each Building up for auction. (Level, Type, Rating, Seating, Abundance, Robots, and Minimum Bid.)
Buyers can purchase Similar Auction information on past auctions for 10 Sim Boosts. The purchase lasts 24 hours and is per building type (buying Similar Auction for restaurants means you have the information shown for recent restaurant auctions).
Image above: Information shown on Restaurant including “Your Bid.”
Image Below: Mine information with abundance (see abundance breakdown below).
Image Above: A view of Buildings Auctions showing which buildings have bids in Green Box.
Image Below: Similar Auctions shown that lasts 24 hours after purchasing for 10 Sim boosts. The number/number (6/8, 1/1) figures are Valid/All bids. If the first number is lower than the second number; that is an Invalid bid. Invalid bids are disqualified bids (not enough cash at end of auction).
Image Below: Magnifying glass will appear on buildings when Similar Auctions are still available.
Image Above: The yellow bookmark indications a promoted auction (10 Sim Boosts). Promoted auctions appear at the top of the auctions.
Abundance
Abundance | Range | Category |
|---|---|---|
100% | 100% | Perfect |
98%+ | 98 to 99% | Exceptional |
95%+ | 95 to 97% | Very Good |
91%+ | 91 to 94% | Good |
86%+ | 86 to 90% | Usable |
80%+ | 80 to 85% | Poor |
Trash | 0 to 79% | Trash |
Auction End
At the end of an Auction there is a Pending Confirmation to determine the results of the auction.
Personal Assistant will notify companies (buyer, seller) of results of Auction (Won, Lost, Disqualified).
No Bidders; building is bought by NPC. Minimum bid minus the 20% fee is given to the seller.
Building won is placed into Reposition Queue (to be placed by player). The Reposition Queue is unlimited buildings; no control over the buildings; and counts towards Administration Overhead.
In order to place a building from the Reposition Queue; there needs to be an empty construction slot.
When building is placed, building will show as Commissioning. The time required is Level multiplied by the base build time. (e.g. level 10 factory will take 30 hours). Buildings with Robots do not add to the Commissioning time.
Image Below: A level 7 mine, Commissioning.
Using the Filter
The Auction can be filtered in a number of ways. Note: Promoted auctions will always show at the top.
All, My Auctions, My Bids
Filter by time remaining (default).
Filter by Building.
Filter by Level.
Filter by Abundance.
If there is filter selected, it can be removed by selecting “Reset Filter”
Notes:
Players can earn the Architect Achievements through Building Auctions.
Bank bonus will not be available until the building is commissioned (placed).
Abundance does not degrade while the Quarry, Mine, or Oil Rig is in auction.