As convenient as online auctions can be scammers are a real threat. It is very important to take the necessary steps to prevent yourself from losing money! No matter where you go on the internet scammers are lurking. If you’re buying an item off of eBay for example, try to be sure that the seller has a positive selling history …
Things to Know For Your First Car Auction
Finally! You get experience your first car auction – you couldn’t be more excited. However, although exciting, there is a lot to know about car auctions as far as how to approach it and all the legalities. Since this is your first car auction, or you’re simply getting yourself informed, it’s best to be prepared so you don’t get in …
5 Awesome Auction Ideas
If you are planning to have an auction fund raising event, you can organize an art auction, organize a junk auction, have a children’s art auction, hold a professional auction, or conduct. If you want to raise funds for a cause you are supporting, consider having an auction. There are great things you can do to make the auction more …
Live VS Reserve Auctions
With the growing popularity of penny auctions, there have been two camps debating which online bidding system is better – Live or Reserve? To decide, let’s look at the major difference between the two. In a Live auction, anyone who places the last bid when the timer runs out wins the product, no other strings attached. But in a Reserve …
Penny Auctions Vs. Traditional Auctions: Differences And Similarities
While online penny auctions and traditional auction websites, like eBay, both occasionally offer a Buy-it-Now feature, they differ in terms of the time limit system, payment process, and entertainment value. In short, penny auctions are more intense versions of sites like eBay. Traditional auctions, like those available on eBay, often drag the auction experience out to a week or more. …
What Bidders Should Know About Wine Auctions
Have you ever considered wine auctions as a tool for acquiring rare vintages or special buys? Wine auctions are quickly emerging as one of the hottest trends for the wine enthusiast, investor or avid collector in purchasing wine. Nonprofit organizations are even getting into the act catering to the demands of their donor wine connoisseurs by hosting wine auctions as …
5 Tips For Successful Reverse Bidding In A Unique Bid Auction
Bidding is a term that is exclusively linked with auction. It is a process through which a product is sold in the presence of multiple buyers. In case of a normal auction, the buyers bid for a particular product and the person making the highest bid, generally wins. The concept of reverse bidding in a unique bid auction is new …