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Online Auctions: 10 Secrets You Should Know Before Bidding At An Online Auction


You may have heard about eBay and other online auctions.

You may have participated in some of the biddings.

But before you do the next bidding for a product or service, here are some few important secret tips to help you:

1. Know the value of the product before you bid. If the product is brand new, check to see what price retailers are charging for it. If the product is used or reconditioned, you will want to pay way less than the retail value.

2. If the product's description or picture isn't detailed enough for you, contact the merchant to get more information before you bid. You don't want to take a chance to waste your hard earned money.

3. Know the highest price you will bid for the product and stick with it. Don't get caught up in a bidding war; you may end up paying more than the product's worth. Don't forget to add in the shipping price with your bid.

4. Visit a few online auctions before bidding because some merchants auction the same product in many auctions. You usually can purchase the product for a lower price in a unpopular auction because there are less bidders.

5. Know the time the auction begins and ends. You also want to know how long it will take to ship. If you need the product by a certain date, you'll want to estimate the time it will take to receive it.

6. Know the payment options the merchant accepts before you bid on their product. If they only accept checks or money orders, it may take even longer to get the product because the payment has to clear. If they accept credit cards make sure they have a secure server.

7. Know if the merchant offers a warranty or money back guarantee or before bidding on a product. You don't want to get stuck with a product that does not work or you're not satisfied with.

8. Online auctions will, sometimes, allow you to check the merchants history with their auction. Check to see if people have complained about the their products or business practices before you decide to bid.

9. It's important to place a bid early in the auction to show other bidders you are interested in the product. If someone does out bid you, don't be afraid to out bid them. Remember not to go over your maximum bid price.

10. Another reason to know when the auction ends; you can place a last minute bid. The other bidders may not be keeping track of when the auction ends or may not have the time to bid again.

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TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Fri. November / 16 / 2018

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Car used by LeBron James as high school senior going to auction - ESPN

ESPN

Car used by LeBron James as high school senior going to auction
ESPN
The car used by Los Angeles Lakers star LeBron James as a high school senior is headed to the auction block. The 2003 Hummer H2 will go up for auction by Goldin Auctions on Monday, and the car will be sold on Dec. 8. Goldin Auctions president Ken ...

and more »

David Hockney sets new record — and other art market news - Financial Times

Financial Times

David Hockney sets new record — and other art market news
Financial Times
Congratulations to David Hockney for becoming the living artist with the most expensive work sold at auction on Thursday night when his 3-metre-wide “Portrait of an Artist (Pool with Two Figures)” of 1972 sold for $80m ($90.3m with fees) at Christie's ...

and more »

New Holland Agriculture Auctions Off Survivor Tractor to Original Owner to Continue Legacy of Raising Cancer ... - Hoard's Dairyman (press release) (blog)

New Holland Agriculture Auctions Off Survivor Tractor to Original Owner to Continue Legacy of Raising Cancer ...
Hoard's Dairyman (press release) (blog)
New Holland ended its two-year-long Survivor Tractor campaign the way it began: with an auction raising awareness and money for cancer research. A fully restored 1939 tractor, the Survivor Tractor was auctioned off for $8,000 to Mr. Joseph “Bubby ...


Rajasthan Royals clarify reason behind Jaydev Unadkat release ahead of IPL 2019 Auctions - Times Now

Times Now

Rajasthan Royals clarify reason behind Jaydev Unadkat release ahead of IPL 2019 Auctions
Times Now
2008 Indian Premier League (IPL) champion Rajasthan Royals on Thursday (November 15) announced their list of players retained by them and players released ahead of the impending IPL 2019 auctions slated to be held in mid-December in Goa. While the ...

and more »

India's Nalco to bid for bauxite blocks at auctions, readies to foray into merchant mining - Creamer Media's Mining Weekly

India's Nalco to bid for bauxite blocks at auctions, readies to foray into merchant mining
Creamer Media's Mining Weekly
KOLKATA (miningweekly.com) – With various Indian state governments readying to put 21 bauxite mines up for allocation, State-run National Aluminium Company Limited (Nalco) will put in bids at the auctions for captive consumption and foray into merchant ...


Shakib retained, Fizz released ahead of IPL auctions - The Daily Star

The Daily Star

Shakib retained, Fizz released ahead of IPL auctions
The Daily Star
He was one of the bargain buys of the 2018 edition of the tournament and Sunrisers Hyderabad had acquired his services after a bidding war with Rajsthan Royals during the previous IPL auctions. He contributed to getting his team to the final with meaningful ...


Delhi Daredevils: Players retained, released, current squad, purse remaining ahead of IPL 2019 auctions - Times Now

Times Now

Delhi Daredevils: Players retained, released, current squad, purse remaining ahead of IPL 2019 auctions
Times Now
After buying Gautam Gambhir at IPL 2018 auctions and then naming him as the captain, Delhi Daredevils released the left-hander along with several other cricketers ahead of IPL 2019 auctions. Gambhir, who guided Kolkata Knight Riders (KKR) to two IPL ...

and more »

Sharon Tate's sister explains why she's giving away star's iconic wedding dress: 'It's hard to let go' - Fox News

Fox News

Sharon Tate's sister explains why she's giving away star's iconic wedding dress: 'It's hard to let go'
Fox News
The 66-year-old is putting up many of her famous sibling's prized possessions for auction with the help of Los Angeles-based Julien's Auctions. Some of the items from Tate's estate include the silk mini wedding dress she wore for her marriage to ...

and more »

Kolkata Knight Riders: Players retained, released, current squad, purse balance ahead of IPL 2019 auctions - Times Now

Times Now

Kolkata Knight Riders: Players retained, released, current squad, purse balance ahead of IPL 2019 auctions
Times Now
Kolkata Knight Riders (KKR) have always been one of the most loved and consistent teams in the Indian Premier League (IPL). The two-time champions have never failed to provide a perfect balance between good cricket and entertainment. KKR's core group ...

and more »

Edgworth family homes offered in online auction by SDL Auctions - The Business Desk

The Business Desk

Edgworth family homes offered in online auction by SDL Auctions
The Business Desk
Cottages that were formerly part of the historic Crowthorn School are being offered in an online auction by SDL Auctions, in partnership with agents Miller Metcalfe. Crowthorn School, near Bolton, was opened in 1872 as a children's home, at one point ...


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