Auction Power Guide

I listed a laptop for sale on Ebay but the winning bidder lives in Nigeria. I stated in the description that I only ship to the United States so can I just cancel his bids and offer it to the next highest bidder? When I tried to cancel the bid it said that I can’t because the auction all ready ended.
Thanks Renata, thats alot of help. Go shoot yourself.
OH MY GOD DOES ANYONE ON ANSWERS ACTUALLY CONTRIBUTE USEFULL ANSWERS?????????????

You can contact ebay (live help) and explain what is going on with your listing.

Or, you can tell your buyer that you will only accept a international money order payable in U.S. dollars AND that the money order will have to clear your bank before you send out the laptop to them.

Since you stated that you only sell to buyers within the United States, you need to set your prefrences so that only U.S. bidders can bid on your listings.

To do that, follow the following steps.

Go to "My Ebay", under "My Account", (left hand column), you’ll see "Site Preferences". Click on that.

Under "Selling Preferences", go to the 8th item down, which will say "Buyer requirements". To the right of that, click on "show"

Now you’ll see this:

Block buyers who:
Have received 2 Unpaid Item strike(s) within 1 Month(s).
Are registered in countries to which I don’t ship
Have a feedback score of -1 or lower
Are currently winning or have bought 10 of my items in the last 10 days and have a feedback score of 5 or lower

Click on "edit" and check this box:

Buyers in countries to which I don’t ship
Block buyers who are registered in countries to which I don’t ship.
This requirement can help you avoid buyers who agree to purchase your items without realizing you don’t ship to their location.

Then click on "submit"

You’re done then.

Hope this helps!

They were actually being rude about it when I declined their offer. But….I honestly don’t feel like that is the right thing to do. But she "said" I should reread the terms. Are you allowed to pull items from someone who already won an auction, and sell them to someone for a higher price? Doesn’t make sense to me.

The auction ended, and they were not the highest bidder. They can be rude all they want, but you are right to follow through with the results of the auction. There are no terms that allow you to cancel the winning bid for higher amount after the auction ended, unless the buyer with the winning bid does not pay. Doing so will result in the winning bidder opening a claim against you. Just ignore this person and follow through with the sale. They can’t do anything about except stew that they lost out.

The house was advertised to go to auction on July 17. We can’t find out whether or not it sold. We don’t know the auction company that had it. How do we find out if it sold and what the next steps are?

Hi Teresa,

Which auction? When you talk about a foreclosure – do you mean the sheriffs sale ( at the courthouse steps)? or was it sold by the bank through a auction house?

Ok, if you are talking about the auction at the courthouse steps – it definetly sold because the bank has an automatic bid for the amount that is owed to it. Depending on your area of the country – the bank usually has the highest bid and gets the house back after the redemption period is over.

If it was an auction company like hudson and marshall or williams and williams – then it was probably sold because these auctions are usually "absolute" meaning highest bidder wins regardless of amount, however, sometimes the bank says "no" and then they relist with a realtor. Alot depends on the houses actual value.

If you are working with a realtor they can look and find out for you.

Good luck

Auction Bids To Zero

How about online auction sites where the item gets cheaper with every bid that comes in. How interesting is that? This particular auction house category is titled….’Bid to Zero’.

Imagine if you were bidding on a car or any top brand product….and your bid….did get to zero! Forget it….it won’t happen. Someone will zap it up before that possibility!

With these auctions….the item starts off at the normal sale price….and then goes down with each bid.So if it reaches a price that someone is happy to pay….that’s it….sold. Really….won…would be more accurate.

Reverse Auctions

To continue the same scenario as above, while an item price is being bid down….there could be twenty people biding. Out of those 20 bidders….5 bidders may be looking at paying….say….$500 for the item. All five bidders claim the bid at $500. In this case the online auction sites use a special formula to decide the bid winner.

Another auction bid type is the unique reverse auction. As the name suggests the above scenario does not happen.The bid has to be ‘unique’. To add to that….there are two variations.

1. Highest unique bid….unmatched at the close of the auction….wins the biding.With these the maximum bid is set at a below normal sale price.

2. Lowest unique bid….has to be unmatched at the close of the auction. Another couple of bidders could of each bid…an identical lower price, but their bid would not be unique. With this type of auction the starting price would be at the normal sale price.

You can see that internet technology is the catalyst for these auctions. Offline….the purpose of an auction is to attain the highest possible bid price. The Collins Dictionary defines an auction as ‘a public sale where articles are sold to the highest bidder’. The emphasis with reverse auctions…seems to be more on its competiveness…as opposed to the actual price.

The Next Generation: Social Competive Interaction

It should never be forgotten that the primary purposes of the online auction sites are to sell products. Because the items are sold at a fraction of their normal price…is neither here nor their. It is great for the successful bidders, but every auction bid is paid for. I’ll explain that further.

To participate…you register online,select a username and get some ‘bid credits’. When you go to the site and login with your username….you’ll see your available ‘bid credits’ displayed. As you bid…the number of available bids reduces. If you’re biding on the ‘Bid to Zero’ auction house….the bids are 50cents to 66cents each. That bid puts the item price down 20 cents. The residue….the difference in the bid cost and the item price reduction….goes to:

1.The cost of the purchase of the item

2.The cost of the freight and handling to the winning bidder

3.To administration costs of the online auction sites and their profit

All the costs are taken care of…by the participants purchase of ‘bid credits’. So the emphasis….as I alluded to earlier…is towards the competive nature of the participants. Social competive interaction online….expressed in a style of auction entertainment….WOW! Whenever I was biding at an (offline) auction….I never saw it as entertainment….except when the Guy chasing flies…had an item knocked down to him. That gave everyone else a laugh!

Internet technology has made this form of social competiveness possible. Not the same as the ‘survivor series’ on TV….but maybe more rewarding.

New International Internet Auction Site

A United States company is the latest developer of one of these online auction sites. In building this new system they have gone with quality top brand products to offer. It would be fair to say they have picked the eyes out of the best methods…currently used in similar European auction sites. Eventually they will have as many as eight auction houses…all with various auction styles.

They are making the auctions available on an international basis. Something the other auction sites have been slow to do. I have been advised that they will probably have special delivery arrangements for large items won by bidders living outside of the US…..makes sense!

You Can Become a Business Associate

Also different about this new auction entertainment website is that a business opportunity has been incorporated. Business associates will be able to market the opportunity for the specific purpose of encouraging people to buy bid credits.

What seems sure…is that this social competive interaction as they call it…is highly likely to be very popular. Therefore the business opportunity will very likely….be lucrative!

My Summary

Are these real auctions? You can look at it this way:

Those auction houses where the bid causes the price to rise….even if the rise is fixed at only a penny or a nickel for each bid…do qualify under the definition of an auction.

The auctions where each bid causes the item price to fail….surely are not auctions….but ‘reverse auctions’. As in ‘done’ and ‘undone’.

These online auction sites are a new marketing outlet for the product manufacturers and merchants.They are good business for the auction sites, who make their money on shifting quality products. The bidders could pick-up a new car or TV or computer or a million dollar life insurance policy….for example. Also they could do that for an outlay of $20 worth of bid credits and a whole heap of fun! That seems to make online auction sites….a win-win-win situation….for all participants!

Darcy John
http://www.articlesbase.com/online-business-articles/online-auction-sites-where-the-bid-lowers-the-auction-price-671089.html

I listed an item for sale on a non-ebay auction site. There was an error with the listing program I used, causing the item to accidentally be listed with a starting bid of $20 and no reserve, when it should have been listed with a starting bid of around $450 and no reserve. The item is new and cost me $420 to buy it, because I am a dealer of these products. I noticed the error a few hours after the auction was listed, and ended the auction. Then I found out that the terms of the auction site state that when you end an auction early, you are actually selling the item to the highest bidder. So I contacted the buyer and apologized and explained the situation. The buyer is upset and insists that I send them the $420 item for $20 because that is following the rules. I tried to explain that I ended the auction as soon as I found the mistake, and offered to sell the item to them at wholesale cost without me making a profit on it. They declined, and said they feel they deserve the item for $20. What do I do?

You enterd into an agreement with the site provider, NOT the buyer. The site provider wants their percentage on the sales price, hence the wording on the agreement with them. I don’t think the site provider is willing to act as a ‘representative’ for every acution winner. Can you imagine the headaches they would have with transactions gone bad. Tell the buyer ‘sorry’, no sale and just move on.

Are you thinking about buying at a police seized car auction? This article is designed to provide you with the details on how police car auctions work and how they can get you the best deal on car for the help www.auction-entrepreneur-kit.com. Specifics may vary from auction to auction; however, the following information includes helpful and important guidelines from which everyone can benefit.

Police car auctions are one of the best places to pick up a used car. Many people think that the only vehicles available at police car auctions are actual police cars. Well, they’re right – but only partially! In addition to surplus vehicles that have been used by the local police department, police car auctions may also feature cars that have been seized due to asset forfeiture.

Asset forfeiture is the confiscation of assets (by the police department) that have been associated with a crime. The assets can be vehicles, real estate or currency. A federal law, passed in 1986, encourages police agencies to seize assets as a way to deny drug traffickers their profits.

What does this mean for you? Well, eventually these seized vehicles end up at a police seized car auction, where you can pick up a nice used car for much less than you would a private party or a dealer! The auctioneer sells the car to the highest bidder and the proceeds go to the police agency.

Police seized auto auctions take place in cities across the United States. Some are held on a regular basis, as big city police departments seize many vehicles; others are held less frequently in the case of smaller police agencies. In some states, cities or counties will collect all police seized vehicles and have one large annual auction.

Regardless of the frequency of the police auto auction, you can usually find the event in the local newspaper or published on an online auction site that works with the police departments in your area. The advertisement or listing will give the date, time and place of the auction as well as a list of the cars that will be auctioned off. They may also give a date in which interested parties are invited to inspect the cars so that they can make decisions about what to buy and how much to spend.

Inspecting cars being sold at a police seized car auction is a must! Cars sold at police seized auctions are sold “As-Is” with no warranty or guarantee for the help www.mining-auction-gold.com. In an “As-Is” auction, there is no warranty on the merchandise and the bidder is responsible for removal from the auction location. This means that the bidder must rely on their own inspection and knowledge to make bidding decisions.

In addition, even though the car was seized by a police department, the original financing company may still have a lien on the car. When you buy a car at a police seized auction, you may have to make arrangements to pay off the finance company. You can find out what the protocol is ahead of time by checking directly with the auction company.

If you’re in the market for a good deal on a used car, it’s definitely worth your time to see what’s available at your next police seized car auction.

SIMRAN(rimpy)
http://www.articlesbase.com/internet-articles/auction-police-car-auctions-are-one-of-the-best-places-to-pick-up-a-used-car-721238.html

eBay is the number one international market place for all types of products over the Internet. eBay is an online retailer or ‘e-tailer’ that offers people the opportunity to sell and buy goods online. The site charges a commission on sales as well as a charge for listing. eBay typically works through an auction model – i.e. items are auctioned to the highest bidder. The seller can also specify a price below which the item cannot be purchased. You can find almost anything on eBay, and a large proportion of online shoppers know about this website.

eBay is used mostly by small start up businesses, many of which operate from home. There are a number of success stories on eBay, since it enables people to set up a small business and grow it into an online shop. There are actually businesses making millions of dollars, all through their eBay store. The typical success story runs like this: a regular person, just like you and me, looking for a great product, hits on one either on his own or through an eBay search for the hottest items. He finds a source for it and puts it up for auction on eBay. As his sales grow, he sets up a shop on eBay and uses the item listings on eBay to drive traffic to his site. This can be antiques, designer bag replicas, DVDs, almost anything. The market is virtually limitless.

The reason for the popularity of eBay is the convenience and cost savings. You can start from your own home, with absolutely no investment – you don’t even have to give up your day job. Further, due to its wide network, eBay can give your products and your online business much needed visibility for a small cost. The amount of effort and money you would expend on marketing for even an online business, to create awareness for your product, would be much greater. A huge Internet population shops here, so it’s like having your product on display at the biggest department store in the world, except that it would be much easier for a buyer to find it.

Further, people who sell on eBay claim that it is a large, helpful community that will enable you to learn from your peers and grow as an online business owner. There is an eBay University, chat rooms and forums for members to interact and educate themselves through others’ experiences. Also, since you have not invested much, there is room to make mistakes and learn as you grow.

eBay has all the technology in place that helps you to have your own online business, without the hassles and knowledge required to run a site. It is a very user friendly site and makes the buyer’s experience comfortable, which is important for your online business. For instance, eBay has features that allow a buyer to place a maximum bid on an item and automatically monitor the activity on the item till bidding closes. So selling is made that much easier for you on eBay.

William King
http://www.articlesbase.com/ecommerce-articles/who-uses-ebay-and-why-126416.html

hat Online Auction Software Can Do For You – Auction

No matter how talented you are, if you host your craft sale in your garage or your basement, you can be sure no one is going to be crossing state lines to come buy your stuff. In fact, your customers are likely to be limited to family, for more details visit to www.software-designers-pro.com friends and the people who live in and around your neighborhood. Online auction software is innovative software that increases your online exposure tremendously and enhances your profit making capacity.

Using software to construct your own online auction site is better than using an online store, offering you flexibility through various available formats. The software provides interesting features that both buyers and sellers can make use of. Of course, there are also sites such online auction sites as eBay, for more details visit to www.text2speech-converter.com which you can make use of if you do not want to host your own online auction site. Online auction sites as well as online stores are equally effective for increasing your exposure to potential buyers but auction sites do have an edge when it comes to making more money.

Because of the inherent nature of auctions, where the goods are sold to the highest bidder, you are more likely to make a higher profit if you launch an online auction site rather than an online store that has fixed sale prices. There is several different online auction software available.

Most online auction software packages utilize PHP or ASP programming formats, which help optimize your auction site. If you do not have knowledge in the area of programming, then it is better that you use PHP software as the software company can more easily provide the support you will need. Users with higher technical abilities can choose whichever one they prefer.

You don’t need to worry too much about technical details to use the PHP format. This online auction software comes with detailed instructions that are simple to read and understand.

Auction software provides sellers with several useful features including accounting, easy management, tracking, aesthetics, and security. The more attractive your site, the more customers you are likely to attract.

Currently the most popular online auction service out there, eBay offers probably the largest database of products to bid on. Leading the bidding industry ever since they started, they are today not only the most secure website that they also have a rating system to increase trust among buyers and merchants. It’s a good idea to always take a look at eBay if you want to create an online auction site for your own items. You can even put your item up for bids on eBay if you have an account.

Doing a garage sale may be simple and by selling a few old items you could make a huge amount of cash in a day. So why not spend the time to make it look more professional, put it online with the help of auction software and have the possibility to make that huge amount of cash every day? If you think about it this is like opening your own retail store but you don’t have to pay anyone for the items and you make 100% profit on everything you sell.

Akshay Sharma
http://www.articlesbase.com/software-articles/your-own-online-auction-site-by-using-auction-software-686245.html

No matter how talented you are, if you host your craft sale in your garage or your basement, you can be sure no one is going to be crossing state lines to come buy your stuff. In fact, your customers are likely to be limited to family, for more details visit to www.software-designers-pro.com friends and the people who live in and around your neighborhood. Online auction software is innovative software that increases your online exposure tremendously and enhances your profit making capacity.

Using software to construct your own online auction site is better than using an online store, offering you flexibility through various available formats. The software provides interesting features that both buyers and sellers can make use of. Of course, there are also sites such online auction sites as eBay, for more details visit to www.text2speech-converter.com which you can make use of if you do not want to host your own online auction site. Online auction sites as well as online stores are equally effective for increasing your exposure to potential buyers but auction sites do have an edge when it comes to making more money.

Because of the inherent nature of auctions, where the goods are sold to the highest bidder, you are more likely to make a higher profit if you launch an online auction site rather than an online store that has fixed sale prices. There is several different online auction software available.

Most online auction software packages utilize PHP or ASP programming formats, which help optimize your auction site. If you do not have knowledge in the area of programming, then it is better that you use PHP software as the software company can more easily provide the support you will need. Users with higher technical abilities can choose whichever one they prefer.

You don’t need to worry too much about technical details to use the PHP format. This online auction software comes with detailed instructions that are simple to read and understand.

Auction software provides sellers with several useful features including accounting, easy management, tracking, aesthetics, and security. The more attractive your site, the more customers you are likely to attract.

Currently the most popular online auction service out there, eBay offers probably the largest database of products to bid on. Leading the bidding industry ever since they started, they are today not only the most secure website that they also have a rating system to increase trust among buyers and merchants. It’s a good idea to always take a look at eBay if you want to create an online auction site for your own items. You can even put your item up for bids on eBay if you have an account.

Doing a garage sale may be simple and by selling a few old items you could make a huge amount of cash in a day. So why not spend the time to make it look more professional, put it online with the help of auction software and have the possibility to make that huge amount of cash every day? If you think about it this is like opening your own retail store but you don’t have to pay anyone for the items and you make 100% profit on everything you sell.

Navpreet Singh
http://www.articlesbase.com/software-articles/what-online-auction-software-can-do-for-you-auction-695475.html

No matter how talented you are, if you host your craft sale in your garage or your basement, you can be sure no one is going to be crossing state lines to come buy your stuff. In fact, your customers are likely to be limited to family, friends and the people who live in and around your neighborhood. Online auction software is innovative software that increases your online exposure tremendously and enhances your profit making capacity.

Using software to construct your own online auction site is better than using an online store, offering you flexibility through various available formats. The software provides interesting features that both buyers and sellers can make use of. Of course, there are also sites such online auction sites as eBay, which you can make use of if you do not want to host your own online auction site.

Online auction sites as well as online stores are equally effective for increasing your exposure to potential buyers but auction sites do have an edge when it comes to making more money.

Because of the inherent nature of auctions, where the goods are sold to the highest bidder, you are more likely to make a higher profit if you launch an online auction site rather than an online store that has fixed sale prices. There is several different online auction software available.

Most online auction software packages utilize PHP or ASP programming formats, which help optimize your auction site. If you do not have knowledge in the area of programming, for more detail go to: www.auction-profesional.com. then it is better that you use PHP software as the software company can more easily provide the support you will need. Users with higher technical abilities can choose whichever one they prefer.

You don’t need to worry too much about technical details to use the PHP format. This online auction software comes with detailed instructions that are simple to read and understand.

Auction software provides sellers with several useful features including accounting, easy management, tracking, aesthetics, and security. The more attractive your site, the more customers you are likely to attract.

Currently the most popular online auction service out there, eBay offers probably the largest database of products to bid on.
For more information log on to: www.auction-entrepreneur-kit.com. Leading the bidding industry ever since they started, they are today not only the most secure website that they also have a rating system to increase trust among buyers and merchants. It’s a good idea to always take a look at eBay if you want to create an online auction site for your own items. You can even put your item up for bids on eBay if you have an account.

Doing a garage sale may be simple and by selling a few old items you could make a huge amount of cash in a day. So why not spend the time to make it look more professional, put it online with the help of auction software and have the possibility to make that huge amount of cash every day? If you think about it this is like opening your own retail store but you don’t have to pay anyone for the items and you make profit on everything you sell.
www.auctions-profits.com
www.auction-o-matics.com

subhash.dec2008
http://www.articlesbase.com/business-articles/what-is-online-auction-software-691639.html