Is HiBid a good auction site?
HiBid has a consumer rating of 1.76 stars from 88 reviews indicating that most customers are generally dissatisfied with their purchases. Consumers complaining about HiBid most frequently mention auction house and customer service problems. HiBid ranks 77th among Auction sites.
What is shill bidding?
Shill bidding is known as a form of auction fraud. eBay defines shill bidding as, when someone bids on an item to artificially increase its price, desirability, or search standing.
How does HiBid auction work?
Bidopia is an integrated web service and an internet bidding solution portal that is designed to be used by bidders that provides exposure to your auctions that includes email lists, webcast live bidding, internet only bidding and internet absentee bidding.
How does DealDash sell so cheap?
DealDash, just like any other penny auction website, makes most of its money by selling bids. The bids are sold in packs of 100s and other sizes and the more you bid, the more money the company makes. Dealdash will get $5 from you along with the total value of the bids (from all the bidders) for this T-shirt.
Is shill bidding illegal?
Shill bidding is when someone bids on an item to artificially increase its price, desirability, or search standing. We want to maintain a fair marketplace for all our users, and as such, shill bidding is prohibited on eBay.
Is shill bidding on eBay illegal?
Shill bidding is when someone bids on an item to artificially increase its price, desirability, or search standing. This could create an unfair advantage, or cause another bidder to pay more than they should. We want to maintain a fair marketplace for all our users, and as such, shill bidding is prohibited on eBay.
How does a live auction work?
Live auctions are a type of charity auction. During live auctions, an auctioneer runs the bidding by introducing each item and guiding bid amounts. Guests place bids by calling out amounts, raising bid paddles, or otherwise catching the auctioneers attention.
Why is DealDash so cheap?
DealDash, just like any other penny auction website, makes most of its money by selling bids. The bids are sold in packs of 100s and other sizes and the more you bid, the more money the company makes. In addition to the value of the bids, the company also receives the final price at which the product is sold.
What auction sites are legit?
Compare ProvidersOnline Auction WebsiteWhy We Picked IteBayBest OverallAuction.comBest for Real EstateCopartBest for AutoBidSpotterBest for Business Equipment2 more rows•Mar 8, 2021
How do you price a house for an estate sale?
How to Price Household Items. The art of estate sale pricing is based on “fair current market value.” This is less than what you would pay for the same item at an antique store and way less than you would pay for the same item new in a store or online. Put yourself in the estate sale shoppers shoes.