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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 Thu. November / 26 / 2020

Foreclosure Moratoria and the Distressed Auction Market - DSNews.com
Foreclosure Moratoria and the Distressed Auction Market  DSNews.com

Auctions: Henry Ford II's Solid Gold 18K Rolex Day-Date Is Up For Grabs At Christie's - HODINKEE
Auctions: Henry Ford II's Solid Gold 18K Rolex Day-Date Is Up For Grabs At Christie's  HODINKEE

Alamo Drafthouse Founder Auctions Personal Collection Poster - Spectrum News
Alamo Drafthouse Founder Auctions Personal Collection Poster  Spectrum News

The City of Trenton Auctions of Property - TrentonDaily News
The City of Trenton Auctions of Property  TrentonDaily News

STORAGE AUCTIONS - Columbia Star
STORAGE AUCTIONS  Columbia Star

UK government leaves door open on more regular renewables auctions - pv magazine International
UK government leaves door open on more regular renewables auctions  pv magazine International

Sonny Vaccaro puts Michael Jordan's NBA Finals-worn shoes up for auction - Portland Business Journal
Sonny Vaccaro puts Michael Jordan's NBA Finals-worn shoes up for auction  Portland Business Journal

Marfa Public Radio’s Midland fundraiser becomes online auction - Midland Reporter-Telegram
Marfa Public Radio’s Midland fundraiser becomes online auction  Midland Reporter-Telegram

Alamo Drafthouse founder auctions personal collection to pay debts due to pandemic - CultureMap Austin
Alamo Drafthouse founder auctions personal collection to pay debts due to pandemic  CultureMap Austin

Flushing Building Package Sells for $28M via Bankruptcy Auction - Commercial Observer
Flushing Building Package Sells for $28M via Bankruptcy Auction  Commercial Observer

Alamo Drafthouse co-founder to hold movie poster auction ‘to stay afloat and survive’ - KSAT San Antonio
Alamo Drafthouse co-founder to hold movie poster auction ‘to stay afloat and survive’  KSAT San Antonio

SCP Auctions Offers T206 Plank, 1941 Heisman, Championship... - Sports Collectors Daily
SCP Auctions Offers T206 Plank, 1941 Heisman, Championship...  Sports Collectors Daily

FirstEnergy Ohio Utilities' Electric Security Plan ESP‑IV Auction: Information Session for Prospective Bidders on Wednesday, December 2, 2020 - Business Wire
FirstEnergy Ohio Utilities' Electric Security Plan ESP‑IV Auction: Information Session for Prospective Bidders on Wednesday, December 2, 2020  Business Wire

Black Friday Holiday Auction at Julien’s Auctions: Icons & Idols Trilogy - KTLA
Black Friday Holiday Auction at Julien’s Auctions: Icons & Idols Trilogy  KTLA

Floating PV and land beside motorways to be included in Portugal's 2021 solar auction process - PV-Tech
Floating PV and land beside motorways to be included in Portugal's 2021 solar auction process  PV-Tech

DNREC's Low-Digit Surf-Fishing Tag Auction Starts Black Friday - news.delaware.gov
DNREC's Low-Digit Surf-Fishing Tag Auction Starts Black Friday  news.delaware.gov

Galatoire Foundation Announces Annual Christmas Auction - My New Orleans
Galatoire Foundation Announces Annual Christmas Auction  My New Orleans

Real Estate Lawyers Weigh In on Ruling Affecting Attorney-Review Period for Auctions | New Jersey Law Journal - Law.com
Real Estate Lawyers Weigh In on Ruling Affecting Attorney-Review Period for Auctions | New Jersey Law Journal  Law.com

Cuban Heritage Collection to benefit from upcoming auction - University of Miami
Cuban Heritage Collection to benefit from upcoming auction  University of Miami

Spink Dec. 10 London auction features parts 7 and 8 of Hermione collection of France - Linn's Stamp News
Spink Dec. 10 London auction features parts 7 and 8 of Hermione collection of France  Linn's Stamp News

Taste of the Browns auction open, telethon scheduled - cleveland.com
Taste of the Browns auction open, telethon scheduled  cleveland.com

PAWS to launch online 'Auction for the Animals' Black Friday showcasing over 100 local businesses - Bangor Daily News
PAWS to launch online 'Auction for the Animals' Black Friday showcasing over 100 local businesses  Bangor Daily News

Arctic refuge oil rights auction faces uncertain response - Associated Press
Arctic refuge oil rights auction faces uncertain response  Associated Press

From the Chamber: Introducing the Midcoast Tree Auction, Part 2 - pressherald.com
From the Chamber: Introducing the Midcoast Tree Auction, Part 2  pressherald.com

South High Marathon Dance holding virtual silent auction and more for community aid - NEWS10 ABC
South High Marathon Dance holding virtual silent auction and more for community aid  NEWS10 ABC

MJ's Air Jordan 1s With Dunk Sole Expected to Auction for $800K - Highsnobiety
MJ's Air Jordan 1s With Dunk Sole Expected to Auction for $800K  Highsnobiety

Southern Delaware Therapeutic Riding online auction opens Nov. 27 - CapeGazette.com
Southern Delaware Therapeutic Riding online auction opens Nov. 27  CapeGazette.com

LinkedIn Provides a Peek at the Inner Workings of Its Ads Auction Process - Adweek
LinkedIn Provides a Peek at the Inner Workings of Its Ads Auction Process  Adweek

Radiohead Auctions Off Thom Yorke’s ‘Lotus Flower’ Hat for Charity - Rolling Stone
Radiohead Auctions Off Thom Yorke’s ‘Lotus Flower’ Hat for Charity  Rolling Stone

The bid picture: Nobel prize winners explain auction theory, collaboration | Stanford News - Stanford University News
The bid picture: Nobel prize winners explain auction theory, collaboration | Stanford News  Stanford University News

UK to Back 12GW of Renewables in Next Contracts-for-Difference Auction - Greentech Media News
UK to Back 12GW of Renewables in Next Contracts-for-Difference Auction  Greentech Media News

Renowned Auctions and Estates Sales Firm Brings its Treasures and Cutting-Edge Tech to Dallas — Black Rock Galleries' Big Texas Move - PaperCity Magazine
Renowned Auctions and Estates Sales Firm Brings its Treasures and Cutting-Edge Tech to Dallas — Black Rock Galleries' Big Texas Move  PaperCity Magazine

253 Supreme T-shirts expected to sell for $2M in Christie's auction - CNN
253 Supreme T-shirts expected to sell for $2M in Christie's auction  CNN

Boomerang Sells 100+ One-Of-A-Kind Items In Online Auction - Los Alamos Reporter
Boomerang Sells 100+ One-Of-A-Kind Items In Online Auction  Los Alamos Reporter

Bourbon auction raises more than $250,000, Pappy collection nets $26,000 - ABC 36 News - WTVQ
Bourbon auction raises more than $250,000, Pappy collection nets $26,000 - ABC 36 News  WTVQ

Timber Auction | Advertisement For Bids & Proposals - Aitkin Independent Age
Timber Auction | Advertisement For Bids & Proposals  Aitkin Independent Age

New York agency teases auction of collectible sneakers, sports memorabilia - Times Union
New York agency teases auction of collectible sneakers, sports memorabilia  Times Union

High Mint State Indian Head Cents Highlight David Lawrence Rare Coins Auction - CoinWeek
High Mint State Indian Head Cents Highlight David Lawrence Rare Coins Auction  CoinWeek

Michael Jordan's Air Jordans from '91 Finals Hit Auction, Expected to Fetch $750k - TMZ
Michael Jordan's Air Jordans from '91 Finals Hit Auction, Expected to Fetch $750k  TMZ

Holiday Shopping Spree Online Auction Has Something For Everyone - q1065.fm
Holiday Shopping Spree Online Auction Has Something For Everyone  q1065.fm

ICE Endex Announces Results of European Gas Storage Auction for GasTerra - Business Wire
ICE Endex Announces Results of European Gas Storage Auction for GasTerra  Business Wire

Business notebook: League City chamber to stage virtual auction - Houston Chronicle
Business notebook: League City chamber to stage virtual auction  Houston Chronicle

Poster Auctions International?s Auction on Nov. 15 Totals $1.3 Million, As Rarities and Unique Works Spark Avi - openPR
Poster Auctions International?s Auction on Nov. 15 Totals $1.3 Million, As Rarities and Unique Works Spark Avi  openPR

Trump's old Ferrari, Rolls-Royce to roll across the auction block - Fox News
Trump's old Ferrari, Rolls-Royce to roll across the auction block  Fox News

Auctions: One Sale, Two White Gold Pateks: The 2526 And 3448 At Christie's - HODINKEE
Auctions: One Sale, Two White Gold Pateks: The 2526 And 3448 At Christie's  HODINKEE

Auction Calendar: November 27, 2020 - Wisconsin State Farmer
Auction Calendar: November 27, 2020  Wisconsin State Farmer

Minneapolis Auctions Off Lake Street Kmart Sign - CBS Minnesota
Minneapolis Auctions Off Lake Street Kmart Sign  CBS Minnesota

Bid online or in person at Houston furniture, fashion auctions - Houston Chronicle
Bid online or in person at Houston furniture, fashion auctions  Houston Chronicle

Apax-led consortium drops out of auction for Italy's Cedacri: sources - Reuters
Apax-led consortium drops out of auction for Italy's Cedacri: sources  Reuters

JGBs little changed, 40-year auction attracts ample demand - Yahoo Finance
JGBs little changed, 40-year auction attracts ample demand  Yahoo Finance

Half of Burnsville Center fetches $17 million at auction - ECM Publishers
Half of Burnsville Center fetches $17 million at auction  ECM Publishers

Chile unveils auction for 2310GWh of energy and storage - PV-Tech
Chile unveils auction for 2310GWh of energy and storage  PV-Tech

Crooked Creek Christian Camp Online Auction - kciiradio.com
Crooked Creek Christian Camp Online Auction  kciiradio.com

Fish Out of Water exhibit culminates with auction - LebTown
Fish Out of Water exhibit culminates with auction  LebTown

Online Auctions 2.0: Virtual Value Means More in 2020 - GlobeSt.com
Online Auctions 2.0: Virtual Value Means More in 2020  GlobeSt.com

Demand for distressed housing returning - HousingWire
Demand for distressed housing returning  HousingWire

Antiques, Online Silent Auction and Raffle, More: Nashua Calendar - Patch.com
Antiques, Online Silent Auction and Raffle, More: Nashua Calendar  Patch.com

Annual auction for Bong Center moves online - Superior Telegram
Annual auction for Bong Center moves online  Superior Telegram

Helping others through online auctions - Pacific Business News - Pacific Business News (Honolulu)
Helping others through online auctions - Pacific Business News  Pacific Business News (Honolulu)

Brazil expects 5G auction to take place by end-H1 2021: Report - RCR Wireless News
Brazil expects 5G auction to take place by end-H1 2021: Report  RCR Wireless News

Sotheby’s Fashion and Art Auction to Raise Relief Funds for Beirut - Barron's
Sotheby’s Fashion and Art Auction to Raise Relief Funds for Beirut  Barron's

Auction to offer unique items, raise money for Dow turf field lights - Midland Daily News
Auction to offer unique items, raise money for Dow turf field lights  Midland Daily News

Aztecs put seats from SDCCU Stadium on sale, set date for auction items - The San Diego Union-Tribune
Aztecs put seats from SDCCU Stadium on sale, set date for auction items  The San Diego Union-Tribune

The Big “C” Christmas Fantasy 2020 Silent Auction is open for bidding | The Standard Newspaper - Waukon Standard
The Big “C” Christmas Fantasy 2020 Silent Auction is open for bidding | The Standard Newspaper  Waukon Standard

Milton Theatre seeks support for online auction fundraiser - CapeGazette.com
Milton Theatre seeks support for online auction fundraiser  CapeGazette.com

David Spade won Chris Farley's Harley-Davidson motorcycle at auction. Then Tim Meadows bought it. - Milwaukee Journal Sentinel
David Spade won Chris Farley's Harley-Davidson motorcycle at auction. Then Tim Meadows bought it.  Milwaukee Journal Sentinel

NASCAR race car sold at auction - Racing News
NASCAR race car sold at auction  Racing News

WWII pilot’s cap returned to Roanoke after stranger finds it in French auction - WVIR
WWII pilot’s cap returned to Roanoke after stranger finds it in French auction  WVIR

Gooding Scottsdale Auction on Geared Online platform - RACER
Gooding Scottsdale Auction on Geared Online platform  RACER

Tioga County Historical Society decks the halls for 'O' Tannenbaum' display, auction - WBNG-TV
Tioga County Historical Society decks the halls for 'O' Tannenbaum' display, auction  WBNG-TV

Oakhurst Sunrise Rotary's Fundraiser: Online Auction for Holiday Shopping - Sierra News Online
Oakhurst Sunrise Rotary's Fundraiser: Online Auction for Holiday Shopping  Sierra News Online

ArtSpark Virtual Gala & Auction Dec. 4 - KLCC FM Public Radio
ArtSpark Virtual Gala & Auction Dec. 4  KLCC FM Public Radio

Suburban Chicago multifamily portfolio to hit the auction block - REjournals.com
Suburban Chicago multifamily portfolio to hit the auction block  REjournals.com

Fine Arts Center to hold online auction - Southwest Times
Fine Arts Center to hold online auction  Southwest Times

'For the Love of Music' online auction benefits CO Symphony, Cascade Winds - KTVZ
'For the Love of Music' online auction benefits CO Symphony, Cascade Winds  KTVZ

Antique mall auction to help fire departments - Fremont Tribune
Antique mall auction to help fire departments  Fremont Tribune

Auction of Treasury Bills on 27 November 2020 Copenhagen Stock Exchange:DKSTAT - GlobeNewswire
Auction of Treasury Bills on 27 November 2020 Copenhagen Stock Exchange:DKSTAT  GlobeNewswire

Multimillion-dollar Santa Fe luxury home sold at auction to west coast buyer - Albuquerque Business First
Multimillion-dollar Santa Fe luxury home sold at auction to west coast buyer  Albuquerque Business First

Unique rock memorabilia on the auction block - MassLive.com
Unique rock memorabilia on the auction block  MassLive.com

Alamo Drafthouse co-founder to auction off rare posters to alleviate COVID-19 expenses - KXAN.com
Alamo Drafthouse co-founder to auction off rare posters to alleviate COVID-19 expenses  KXAN.com

Man buys Cole Porter's table at Waldorf auction after reading about it in The Post - New York Post
Man buys Cole Porter's table at Waldorf auction after reading about it in The Post  New York Post

Rare Copy of Super Mario Bros. 3 Sets Record With $156000 Auction Sale - ExtremeTech
Rare Copy of Super Mario Bros. 3 Sets Record With $156000 Auction Sale  ExtremeTech

Chef's Auction Meals Donated to UPMC Hamot NICU Families - erienewsnow.com
Chef's Auction Meals Donated to UPMC Hamot NICU Families  erienewsnow.com

Ritchie Bros. Orlando 2021 Auction Set for Feb. 15-20 - Lift and Access
Ritchie Bros. Orlando 2021 Auction Set for Feb. 15-20  Lift and Access

Villanova Athletic Fund Auction to Take Place November 20 – December 4 - Villanova University Official Athletic Site
Villanova Athletic Fund Auction to Take Place November 20 – December 4  Villanova University Official Athletic Site

Auction of ex-Harrisburg Mayor Stephen Reed’s collectibles enters final days: Here are 20 unique offerings - pennlive.com
Auction of ex-Harrisburg Mayor Stephen Reed’s collectibles enters final days: Here are 20 unique offerings  pennlive.com

Harrisburg's past up for bid as Cordier plans three auctions with local history ties - The Burg News
Harrisburg's past up for bid as Cordier plans three auctions with local history ties  The Burg News

Chippewa Valley Educational Foundation hosts online auction - The Macomb Daily
Chippewa Valley Educational Foundation hosts online auction  The Macomb Daily

Silent Auction raises funds for Ronald McDonald House Charities of Southern Arizona - KVOA Tucson News
Silent Auction raises funds for Ronald McDonald House Charities of Southern Arizona  KVOA Tucson News

NYC Storage Wars: Auctions Set for Hundreds of Units Amid COVID Rent Woe - THE CITY
NYC Storage Wars: Auctions Set for Hundreds of Units Amid COVID Rent Woe  THE CITY

The Fours Auction Puts Wrap on Boston Sports Bar's 44-Year... - Sports Collectors Daily
The Fours Auction Puts Wrap on Boston Sports Bar's 44-Year...  Sports Collectors Daily

Bidding now open for three Mecum ‘Gone Farmin’’ online auctions - Times Herald-Record
Bidding now open for three Mecum ‘Gone Farmin’’ online auctions  Times Herald-Record

Batman #1 Highest-Graded Copy Goes to Auction | CBR - CBR - Comic Book Resources
Batman #1 Highest-Graded Copy Goes to Auction | CBR  CBR - Comic Book Resources

Midcoast Tree Auction replaces annual tree festival - Portland Press Herald - pressherald.com
Midcoast Tree Auction replaces annual tree festival - Portland Press Herald  pressherald.com

Bidding at Johnny Bench auction ends at just under $2M - ESPN
Bidding at Johnny Bench auction ends at just under $2M  ESPN

No Auction Napa Valley 2021 as organisers plan revamp - decanter.com
No Auction Napa Valley 2021 as organisers plan revamp  decanter.com

Auction to benefit Flint River Council Boy Scouts, Foundry School - Newnan Times-Herald
Auction to benefit Flint River Council Boy Scouts, Foundry School  Newnan Times-Herald

Hindman Auctions' Western art auction sells Denver art for $1.6 million - The Know
Hindman Auctions' Western art auction sells Denver art for $1.6 million  The Know

Neil Peart's '2112' Drum Kit Heading to Auction - Ultimate Classic Rock
Neil Peart's '2112' Drum Kit Heading to Auction  Ultimate Classic Rock

How electromagnetic spectrum was reallocated with a Nobel Prize-winning theory : Planet Money - NPR
How electromagnetic spectrum was reallocated with a Nobel Prize-winning theory : Planet Money  NPR

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