To create a lot find an preparing auction and press the lots button. If no auction is preparing then you can create a new auction (see the How to Create an Auction aritcle). Then press the create button. Fill out the form with the lots details and press the create button to create the new lot. If you are creating mutliple lots in a row then press the Create & New button to create the new lot and automaticaly start a new lot creation form. The video below walks you through the lot creation process.