This project depends only on SmartPy, you can install SmartPy by doing a:
$ sh <(curl -s https://smartpy.io/cli/install.sh)
You can read more about the installation here: https://smartpy.io/cli/
If you feel lazy you can simply copy/paste the entire 'auction_house.py' content into the web IDE: https://smartpy.io/ide
$ /home/coder/smartpy-cli/SmartPy.sh compile auction_house.py "AuctionHouse()" out
$ /home/coder/smartpy-cli/SmartPy.sh compile auction_house.py "TZColorsFA2(sp.address('KT1CpeSQKdkhWi4pinYcseCFKmDhs5M74BkU'))" out
In our example above KT1CpeSQKdkhWi4pinYcseCFKmDhs5M74BkU is the address of the deployed auction house.
$ /home/coder/smartpy-cli/SmartPy.sh test auction_house.py out