Auction Listing requesting that I must have Buy It Now price?

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For the past 12 months every time I try to do an auction listing I get a red banner with a notice saying:

Looks like something is missing or invalid. Please fix any issues and try again.

Payment policy

I have ebay managed payments only for that payment policy. I see others who can list auctions without having a buy it now price. How do I do it? What's wrong with ebay managed payments for auction listings?

Any help appreciated.

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I figured this out now so can be closed. 

I tried another and got an error saying something about if immediate payment is required then Buy It Now price is also needed. So I copied the payments policy and unticked the immediate payment requirement and then use that policy for the auction listing. Seems to be some sort of bug with the ebay managed payments.