Online auctions provide an exciting opportunity for both bidders and sellers. Before bidding, it’s important that bidders understand proper online auction etiquette. Knowing what to expect and how to conduct yourself before, during, and after the auction can have a big impact on your success and experience as a bidder.
Ask Questions Before Placing Your Bid
Before placing any bids, make sure that you fully understand the auction company’s terms and policies regarding bidding and receiving your items. Many local auction companies require winning bidders to pick-up their items in person. Before bidding, make sure you’ll be available on the day and time you need to pick-up your winnings. It’s also important to make sure you can get to the auction pick-up location.
If you have questions that aren’t answered on the auction company’s website or the auction listing, call the auction company for clarification before bidding. Most auction companies do not allow bidders to retract their bid. It’s crucial to ensure you’re willing and able to follow through with payment before bidding.
Bidding
When placing bids online, try not to bid in the final seconds of the auction. Many auction companies use a popcorn bidding system. This means that the auction gets extended each time someone places a bid within the last few minutes. This system ensures all bidders have an opportunity to place their final bid.
Payment
It’s important to pay for all items in a timely manner. Depending on the terms of the auction, you can typically make a payment for your winnings immediately after the auction ends. Make sure to check the terms and conditions on each auction so you know when payment is due. It’s always best to pay sooner than later.
Pick-Up
Winning bidders may need to pick-up their items from a physical location. Make sure you arrive at the location on-time and prepared to load and haul the items yourself.
Lots of Auctions is an exciting online auction website. We offer a variety of items from a wide range of categories. We have new auctions starting every week. Please click here to register to bid.