Briefly, I am an avid auction buyer. Every Monday I scope out the upcoming industrial auctions that incorporate online bidding. If the auctioneer provides good photos and I like what I see, I will register to bid. Between Proxibid, Bidspotter and Market Alliance, I...
The idea of eBay as an auction website is nothing more than clever e-commerce marketing. As a professional auctioneer, eBay is a regular part of my lexicon. Many people I talk to commonly associate online auctions with eBay. eBay has done well marketing their service,...
The Internet is starting to make its presence felt on the live auction industry as more live auctioneers add online auctions to their business mix. Like other industries before it, digital is bringing change to the auction Industry. What we are seeing as a result of...
It is the professional responsibility of an online auctioneer to give potential buyers all the information they need to make an informed buying decision. If you try to make an item appear better online than it is in person you are not acting professionally. If you...
Buyer’s premium is much better than a seller’s commission. Buyers don’t want to be losers. That is psychology 101, Maslow’s Hierarchy of Human Needs. Even disciplined buyers lose the effect of the buyer’s premium near the end of bidding at an auction, as the tempo...
