Should I Auction it or list it ForSale?
For a quick sale on a wide appeal item, choose the Auction format.
Auctions don't last as long, but they also receive higher traffic per day.
Boats, motors, or other "local" items are best listed in the ForSale section.
How do I include pictures of my item?
You will be able to upload pictures from your computer to ours, allowing the pictures to be shown in your listing.
Your picture files need to be on your hard drive, and they should be of the JPEG formant (end with ".jpg" or ".jpeg").
Our system will accept
files of the GIF format (ending in ".gif") as well, but the best format for pictures is JPEG. Our system may shrink
your picture in size, or it may compress the image to make it easier to download for your bidders.
Can I edit my listing once posted?
Auctions may be edited until the first bid, after which time you may only add comments to the existing description.
ForSale listings can be edited continously, and you can change the price or description.
How do I choose an Opening Bid at Auction?
Generally speaking, if you know what your item is "worth", or if you have in mind a
"bottom line" price,
then you should set the opening bid at the absolute minimum you are willing to take.
However, you can use the optional reserve price (as below) to start an auction with a low Opening Bid.
This will give you an idea of what bidders think your item is worth.
Should I set a Reserve Price at Auction?
If you are not sure what your item is worth, or if you want to protect the value of an expensive item, you should enter
a Reserve Price. This means bids must reach or pass your Reserve price before you are obligated to sell. Likewise,
if the bids do not meet your reserve, the Bidder is not obligated to purchase your item either. Some buyers do not like
reserve price auctions, so you need to think about your strategy
Will I be able to end an auction Early?
Yes. Through MyPage, you can manage all of your auction listings in real time. If there are no bids on your
auction, you can cancel it at any time. If there are bids on your auction, you have the option to
end early. If the bids had not reached reserve, then there will be no obligation. However, if the
bids have met your reserve, then you will be obligated to sell the item to the high bidder, at the high bid price
when you end the auction.
What is a good strategy to sell here?
If your item is relatively inexpensive and you are ready to get rid of it, list an auction, set your Opening Bid at $1 and NO reserve.
This type of an auction will rouse a LOT of interest, often fetching the highest value because it attracts the most
bidders. If your item is not expensive but you know exactly how much you need for it, then you might consider an
auction with an opening bid equal to your "best price". If your item is relatively expensive, or if you are not sure what your item
is worth, then you might post a ForSale ad and accept offers. If you have many items to list, or you are a commercial
user, you should list most of them in the ForSale section, but keep at least one auction running at all times.
Auctions receive a lot more traffic, and people viewing your auctions will take a look at your "other items" too.
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