Thursday, August 22, 2013

Don't Get Ripped Off at Online Auctions!

Do your research.  Know what each individual company can do for you.  Know your options, and above all ask questions. No question asked is a dumb question.
Online Auction companies work for two main groups of individuals: the buyers, and the sellers.
To the Sellers:
If an individual is selling an item, wouldn't the seller want to make as much money as possible off of that item?  Why then would the seller choose a company that will take away a percentage of the money made at auction off of an item?  A seller should research other avenues, find the auction company who wants to help them make the most money for their items as possible, and allows the seller to have the majority if not all of the funds generated off of that item.
To the Buyers:
·         Contact the seller, selling company, before sending in your payment. Ask them questions about your purchase to make sure you know what you are getting.

·         Make sure you have read, understand, and agree to all the terms of use and the deal such as shipping costs, insurance and delivery dates.

·         Do not send payments to a post office box or mail drop. Research a little and find out where your money is going. Make sure the seller can give you a physical address of their location.

Do your research ahead of time, so that you are not disappointed later.  Platinum Bid Auction Services is a team of individuals who want to make your auction experience simple, straightforward, and profitable. We work hard and with integrity to develop a relationship with our buyers and sellers so that we are always just a click or phone call away.