Setting up groups allows you to price multiple listings under one set of criteria
Difference Between Groups
Auto Groups: price listings with similar sections and rows at the same time, based on initial criteria and price space-out.
Base Groups: price multiple listings of different value by setting the prices for them a certain amount above a chosen base price.
How Do I Create an Auto Group?
1. Check listings to include
2. On the upper-right side of the tool, select (in this order): Set Up, Groups, Create Group. Then, select "Auto" for the "Group type" -- create a "Group name" and save it.
3. After saving your group, the groups page will display on the upper-left side of the tool. In the groups page, arrange your listings from least to most valued.
4. Set your spaceout to create a price difference across the listings within the auto group.
5. Next, choose your rank value to indicate how many of the listings in your auto-group will show on exchanges (your rank may not exceed the number of listings in the auto-group) and click Save.
A note on how rank will function in the example below: when the rank one listing sells, the rank two listing will drop down to take its place, at which point the rank three listing will move to the rank two position and remain unbroadcasted.
Additional Notes:
- If you wish to delete a listing from the group, select the trashcan symbol beside the listing
- The anchor symbol indicates that a listing is the rank-one-listing in the auto-group; any changes you make to the criteria of the anchor listing will be reflected in the rest of the group
How Do I Create a Base Group?
1. Set criteria on a listing and then check off all of the listings you wish to include in the base group.
Note that you will want to use a base group when you own a controlling stake of the market or when there are little to no comps in the market.
2. On the upper-right side of the tool, select (in this order): Set Up, Groups, Create Group. Then, select "Base" for the "Group type" -- create a "Group name" and save it.
3. After saving your group, the groups page will display on the upper-left side of the tool. In the groups page (starting at the top of the group with the listing you initially set criteria on), enter values in the "% Above Base" field for each listing in the group. These values will determine the percentage (or dollar amount; by clicking on the percentage icon, you can switch to a dollar amount) above the criteria/base price at which each listing in the group is priced. Make sure to click Save after entering the values.
Note that you can control broadcast status by clicking on the checkmark icon. You can remove a listing from a group by selecting the trashcan icon.
Note that you can adjust your criteria/base price by changing the floor value in the groups page.
Auto Base (AB): the base price will always be the same as the criteria price; prices move with the market
Manual Base (MB): you select the base price; prices are fixed
How to Make Changes to a Group
1. How Do I Add A Listing To A Group?
Select the checkbox to the left of each listing that you wish to add to a group.
On the upper-right side of the tool, select (in this order): Set Up > Groups > Create Group. Then, select either "Auto or "Base" for the "Group type" > create a "Group name" and save it.
2. How Do I Access/Edit an Existing Group?
You may access and subsequently edit existing groups by selecting the group icon above the listings loader.
You may also perform this same action by clicking the actual group name in the listings loader.
