| Standard Auction | Sellers list their items and the start price, buyers place their bids on the item and compete with each other. When the auction ends, the best bid (highest bid) will be automatically chosen by the system. |
| Standard Auction with manual winner | Sellers list their items and the start price, buyers place their bids on the item and compete with each other. The winner can be chosen by the seller at any time. This is useful for auctions where price is not the only winning criteria, or where the seller does not want to wait until the auction ends in order to award the item |
| Standard Auction with Buy-it-now price | Sellers list their items and the start price and a buy-it-now price for the item, buyers place their bids on the item and compete with each other. If at any time a buyer clicks the Buy-it-now button, the item will be instantly awarded to that buyer. |
| Private Auction | Sellers list the item and the start price, buyers post their bids without having information about other bids. This type of auction is also known as "sealed envelope auction" |
| Buy it now Auctions | This type of auction resembles the classic multi-vendor shop, where the sellers post their item with a fixed price, and buyers get awarded just by accepting this price. As an addition you can enable "price suggestion" for this auction - this allows the bidders to send their suggestion to the seller (maximal 3 suggestions per auction) and if the sellers agrees, then the bidder might get a lower price then the BIN price |
 
The component is provided with an installation kit; by performing the easy setup you will have in minutes a fully functional Auction Site. If upgrading, the extension will upgrade the necessary files and database entries automatically. At the end of the upgrade you will be asked for a template overwrite, sometimes it isn't required if no modifications have been made to the templates.
The interface is very user friendly and you can track easily auctions and bids. In the backend panel, various administration features have been provided in order that the site admin can easily maintain control of the site and survey the auctions and bids. As payment methods PayPal and Moneybookers can be used or due to API webmasters can configure their own payment gateway.
This component has a full Community Builder integration including a Plugin pack (5 Plugins!)
Auction Factory is fully SEF!
What do I get buying this product?
- The fully functional OPEN SOURCE (no encrypting) component.
- Power Plugins: Commission, Pay per Contact, Pay per Bid, Featured Auctions, Pay per Listing, Debtor constraints.
- 9 different Modules: Popular Auctions, Most Valuable Auctions, Latest Auctions, Category Tree, Random Auctions, Featured Auctions, Tag Module,Search Module, Rate Auction module.
- 7 Community Builder Plugins: My TaskPad, My Auctions, My Ratings, My Bids, My Watchlist, My Won bids, My Settings.
- FULL SEF integration, Categories Support and Template Engine!
The site language can be also easily changed since the component is designed with a easy Language Management System (Joomla Native Language support). All modules are automatically installed, you just have to enable them/publish in the desired position
For a detailed Features List of Auction Factory please click this link. 
Testimonials: "Thanks theFactory! Works great and certainly is worth the money. Version 1.4 is super and the new features are solid and professional. My clients will be very pleased. Not only is your AF product one of the only ones out there, it is by far the best value and any webmaster considering an auction platform should seriously look at it. I recommend it because of it's value, flexibility, support and the continued improvement by its development team. Thank you." - Fred, webmaster at www.easy-xs.com