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Updated by Sean Carter on Mar 10, 2017
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Sean Carter Sean Carter
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Four Myths of Bidding in an Live Online Auction

Listly by Sean Carter

Live online auctions are quickly becoming a popular way for people to find luxury items and rare collectibles from around the world. However, if you are new to online auctions like Federal Assets Auctioneers, you may have read or heard some things that might not be true. This blog post will hopefully clarify these points so you can get bidding

1

I Can’t Bid Because I Won’t Be There

Just as with live auctions, you can submit an absentee bid beforehand. If the bids do not reach the bid you submitted, you win.

2

I Don’t Want to Spend a Membership Fee

You don’t have to. Federal Assets Auctioneers auctions are hosted on platforms that are free. While you will have to pay a premium fee if you win, signup is free.

3

I Don’t Know What I’m Bidding On

Any respectable auction house will take the time to review the items up for auction and determine authenticity and transparency of the seller. You can help yourself by reviewing pics, item description, etc.

4

I Want to Pay for My Item with a Credit Card

Great. Live online auctions often offer a wide variety of ways to pay. Shipping is typically free as well, adding to the convenience and savings.