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Online Auctions: 10 Secrets You Should Know Before Bidding At An Online Auction


You may have heard about eBay and other online auctions.

You may have participated in some of the biddings.

But before you do the next bidding for a product or service, here are some few important secret tips to help you:

1. Know the value of the product before you bid. If the product is brand new, check to see what price retailers are charging for it. If the product is used or reconditioned, you will want to pay way less than the retail value.

2. If the product's description or picture isn't detailed enough for you, contact the merchant to get more information before you bid. You don't want to take a chance to waste your hard earned money.

3. Know the highest price you will bid for the product and stick with it. Don't get caught up in a bidding war; you may end up paying more than the product's worth. Don't forget to add in the shipping price with your bid.

4. Visit a few online auctions before bidding because some merchants auction the same product in many auctions. You usually can purchase the product for a lower price in a unpopular auction because there are less bidders.

5. Know the time the auction begins and ends. You also want to know how long it will take to ship. If you need the product by a certain date, you'll want to estimate the time it will take to receive it.

6. Know the payment options the merchant accepts before you bid on their product. If they only accept checks or money orders, it may take even longer to get the product because the payment has to clear. If they accept credit cards make sure they have a secure server.

7. Know if the merchant offers a warranty or money back guarantee or before bidding on a product. You don't want to get stuck with a product that does not work or you're not satisfied with.

8. Online auctions will, sometimes, allow you to check the merchants history with their auction. Check to see if people have complained about the their products or business practices before you decide to bid.

9. It's important to place a bid early in the auction to show other bidders you are interested in the product. If someone does out bid you, don't be afraid to out bid them. Remember not to go over your maximum bid price.

10. Another reason to know when the auction ends; you can place a last minute bid. The other bidders may not be keeping track of when the auction ends or may not have the time to bid again.

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TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Tue. November / 12 / 2019

'Cursed' 1937 Cord 812 coming up for auction hides a political history - Fox News
'Cursed' 1937 Cord 812 coming up for auction hides a political history  Fox News

$100 Million for a Painting? Not This Auction Week - The Wall Street Journal
$100 Million for a Painting? Not This Auction Week  The Wall Street Journal

East China court auctions 53 diamonds online - Xinhua | English.news.cn - Xinhua
East China court auctions 53 diamonds online - Xinhua | English.news.cn  Xinhua

DNR speeds up tamarack timber auctions as beetle decimates Minnesota stands - Minneapolis Star Tribune
DNR speeds up tamarack timber auctions as beetle decimates Minnesota stands  Minneapolis Star Tribune

Sotheby’s Auction House Launches Wine Brands Part I - Forbes
Sotheby’s Auction House Launches Wine Brands Part I  Forbes

Hot Lots: 7 Tantalizingly Undervalued Artworks in New York’s Fall Auctions, According to the Experts - artnet News
Hot Lots: 7 Tantalizingly Undervalued Artworks in New York’s Fall Auctions, According to the Experts  artnet News

Will Global Jitters Dull the Glitter of New York’s Art Gigaweek? - The New York Times
Will Global Jitters Dull the Glitter of New York’s Art Gigaweek?  The New York Times

JGB prices stumble after weak 30-year auction - Reuters
JGB prices stumble after weak 30-year auction  Reuters

Elton John Lyrics Head to Auction via Bernie Taupin’s Ex-Wife - Rolling Stone
Elton John Lyrics Head to Auction via Bernie Taupin’s Ex-Wife  Rolling Stone

Luxury watch sells for a record $31 million - CNN
Luxury watch sells for a record $31 million  CNN

Dentures discovery: Centuries-old false teeth found in field, up for auction - Fox News
Dentures discovery: Centuries-old false teeth found in field, up for auction  Fox News

Disneyland 'Tiki' Birds Among Vast Theme Park Auction - The New York Times
Disneyland 'Tiki' Birds Among Vast Theme Park Auction  The New York Times

Art Market 2019: NYC's Biggest Art Auction Sales To Tumble - Bloomberg
Art Market 2019: NYC's Biggest Art Auction Sales To Tumble  Bloomberg

Turkish Treasury borrows $1.67B through auctions - Anadolu Agency
Turkish Treasury borrows $1.67B through auctions  Anadolu Agency

Endesa completes solar construction pipeline from Spain's 2017 auction - PV-Tech
Endesa completes solar construction pipeline from Spain's 2017 auction  PV-Tech

Friends of NRA's Gun Auctions at High Schools Raise Parental Ire - Nonprofit Quarterly
Friends of NRA's Gun Auctions at High Schools Raise Parental Ire  Nonprofit Quarterly

Germany plans 4 GW hard coal closure auction in 2020: draft law - S&P Global
Germany plans 4 GW hard coal closure auction in 2020: draft law  S&P Global

Charity Auction In Connecticut Yields $45,000 With Three-Dimensional Twist - Forbes
Charity Auction In Connecticut Yields $45,000 With Three-Dimensional Twist  Forbes

"Gone in 60 Seconds" Eleanor Mustang Headed to Auction - InsideHook
"Gone in 60 Seconds" Eleanor Mustang Headed to Auction  InsideHook

Inside Google's Record-Setting 'Reverse Auction' for Renewables | GTM Squared - Greentech Media News
Inside Google's Record-Setting 'Reverse Auction' for Renewables | GTM Squared  Greentech Media News

Make That Thrice: Hake's Sets World Auction Record For 'Star Wars' Toy Third Time In 20 Months - Antiques and the Arts Online
Make That Thrice: Hake's Sets World Auction Record For 'Star Wars' Toy Third Time In 20 Months  Antiques and the Arts Online

Holiday Silent Auction planned Dec. 7 | News, Sports, Jobs - Escanaba Daily Press
Holiday Silent Auction planned Dec. 7 | News, Sports, Jobs  Escanaba Daily Press

Exclusive: Failed Exxon talks left Petrobras stranded for auctions - sources - Reuters
Exclusive: Failed Exxon talks left Petrobras stranded for auctions - sources  Reuters

Snow crab sells for record-breaking $46,000 at auction in Japan - New York Daily News
Snow crab sells for record-breaking $46,000 at auction in Japan  New York Daily News

8 Lots That Could Ignite Bidding Frenzies at the Fall Auctions in New York - Artsy
8 Lots That Could Ignite Bidding Frenzies at the Fall Auctions in New York  Artsy

Land near Mesquite withdrawn from BLM oil lease auction, critic says - Las Vegas Review-Journal
Land near Mesquite withdrawn from BLM oil lease auction, critic says  Las Vegas Review-Journal

He thought he won a Tampa Bay gulf-front condo. Turns out he lost big - Tampa Bay Times
He thought he won a Tampa Bay gulf-front condo. Turns out he lost big  Tampa Bay Times

Anthony Bourdain auction rings up almost $2M | Community Alert - Herald Zeitung
Anthony Bourdain auction rings up almost $2M | Community Alert  Herald Zeitung

Status Quo frontman Francis Rossi’s iconic green Telecaster is hitting the auction block - Guitar World
Status Quo frontman Francis Rossi’s iconic green Telecaster is hitting the auction block  Guitar World

20th Century Signed Jewels Featured At Sotheby’s Geneva Auction - Forbes
20th Century Signed Jewels Featured At Sotheby’s Geneva Auction  Forbes

Kurt Cobain’s ‘Unplugged’ Sweater Sells for Record $334,000 at Auction - Rolling Stone
Kurt Cobain’s ‘Unplugged’ Sweater Sells for Record $334,000 at Auction  Rolling Stone

Auction Houses Find Singular Works for Fall Sales - Barron's
Auction Houses Find Singular Works for Fall Sales  Barron's

Brazil Oil Auction Ends in Disappointment - Wall Street Journal
Brazil Oil Auction Ends in Disappointment  Wall Street Journal

Three Curious Observations About the 2019 Geneva Watch Auctions - Bloomberg
Three Curious Observations About the 2019 Geneva Watch Auctions  Bloomberg

This $46,000 snow crab is the most expensive in the world - CNBC
This $46,000 snow crab is the most expensive in the world  CNBC

Brazil Had High Hopes for Its Big Oil Auction. They Went Bust. - The New York Times
Brazil Had High Hopes for Its Big Oil Auction. They Went Bust.  The New York Times

Colleyville castle-style estate goes to auction - The Dallas Morning News
Colleyville castle-style estate goes to auction  The Dallas Morning News

Santa Cop Auction raises $27K, the highest in recent years - 1011now
Santa Cop Auction raises $27K, the highest in recent years  1011now

Anthony Bourdain Auction Brings in Over $1.8 Million - Food & Wine
Anthony Bourdain Auction Brings in Over $1.8 Million  Food & Wine

First round of auctions begin for Joe Ley Antiques - WAVE 3
First round of auctions begin for Joe Ley Antiques  WAVE 3

Auction Week Arrives in New York, Hank Willis Thomas Goes Big in Brooklyn, and More: Morning Links from November 11, 2019 - - ARTnews
Auction Week Arrives in New York, Hank Willis Thomas Goes Big in Brooklyn, and More: Morning Links from November 11, 2019 -  ARTnews

Kids’ artwork slated for charity auction supporting Puerto Rico stolen - WGN TV Chicago
Kids’ artwork slated for charity auction supporting Puerto Rico stolen  WGN TV Chicago

Snow crab sells for $46,000 at Japanese auction - KGO-TV
Snow crab sells for $46,000 at Japanese auction  KGO-TV

Markus Bishop mansion up for auction - WMBB - mypanhandle.com
Markus Bishop mansion up for auction  WMBB - mypanhandle.com

Drag Queens Sell Christian Effigies at Slave-Style Auction to Promote Planned Parenthood - CBN News
Drag Queens Sell Christian Effigies at Slave-Style Auction to Promote Planned Parenthood  CBN News

Calhoun Gordon County Retired Educators Association hosting auction to fund scholarships - MDJOnline.com
Calhoun Gordon County Retired Educators Association hosting auction to fund scholarships  MDJOnline.com

East Texas chicken palace sells at auction where bidding topped $3 million - The Dallas Morning News
East Texas chicken palace sells at auction where bidding topped $3 million  The Dallas Morning News

The Branford Group Announces Auction of SMT, Electronic Test & Assembly Equipment in Shenzhen, China - Business Wire
The Branford Group Announces Auction of SMT, Electronic Test & Assembly Equipment in Shenzhen, China  Business Wire

Tibbits Talk: Christine Delaney-Auction Wrap-up - WTVB News
Tibbits Talk: Christine Delaney-Auction Wrap-up  WTVB News

Sage grouse court order trims energy lease auction in Nevada - Minneapolis Star Tribune
Sage grouse court order trims energy lease auction in Nevada  Minneapolis Star Tribune

One of the most famous outfits in movie history auctions for $405,000 - WTHR
One of the most famous outfits in movie history auctions for $405,000  WTHR

Wet Paint: The Biggest Flippers of the Fall Auctions, Warren Kanders Squares Off With the Whitney, & More Juicy Art-World Gossip - artnet News
Wet Paint: The Biggest Flippers of the Fall Auctions, Warren Kanders Squares Off With the Whitney, & More Juicy Art-World Gossip  artnet News

Olivia Newton-John's​ "Grease" pants sold at auction, bought by Spanx founder Sara Blakely - CBS News
Olivia Newton-John's​ "Grease" pants sold at auction, bought by Spanx founder Sara Blakely  CBS News

Anthony Bourdain Auction Closes With Whopping $1.8M in Sales - NBC New York
Anthony Bourdain Auction Closes With Whopping $1.8M in Sales  NBC New York

Frank Lloyd Wright's last residential design sold at auction. Here's how much - Fox Business
Frank Lloyd Wright's last residential design sold at auction. Here's how much  Fox Business

A Menagerie of French Whimsy Takes Auction Prices ‘to the Next Level’ - The New York Times
A Menagerie of French Whimsy Takes Auction Prices ‘to the Next Level’  The New York Times

Frida Kahlo’s Works to Headline Christie’s Latin American Art Auctions - Barron's
Frida Kahlo’s Works to Headline Christie’s Latin American Art Auctions  Barron's

C-Band spectrum: Private auctions are the quickest way for 5G consumer benefits | TheHill - The Hill
C-Band spectrum: Private auctions are the quickest way for 5G consumer benefits | TheHill  The Hill

Cyberattack Takes Dallas-Based Heritage Auctions Offline - Dallas Observer
Cyberattack Takes Dallas-Based Heritage Auctions Offline  Dallas Observer

Marshall Wharf property in Belfast hits the auction block - Mainebiz
Marshall Wharf property in Belfast hits the auction block  Mainebiz

Sapporo mom-son duo hit with fresh charges over alleged auction site point fraud - The Mainichi
Sapporo mom-son duo hit with fresh charges over alleged auction site point fraud  The Mainichi

Q&A: Ex-Skid Row rocker Johnny Solinger to auction off star-studded guitar for Alaska vets - Alaska Public Media News
Q&A: Ex-Skid Row rocker Johnny Solinger to auction off star-studded guitar for Alaska vets  Alaska Public Media News

This bottle of rare whisky sold for nearly $1.9 million, shattering auction record - USA TODAY
This bottle of rare whisky sold for nearly $1.9 million, shattering auction record  USA TODAY

Brazil oil auction flop to dent 2020 government revenues: survey - Reuters
Brazil oil auction flop to dent 2020 government revenues: survey  Reuters

Bankrupt Philly refinery gets interest from 15 potential bidders; aims for a January auction - The Philadelphia Inquirer
Bankrupt Philly refinery gets interest from 15 potential bidders; aims for a January auction  The Philadelphia Inquirer

Weird Collection Of 135 Seized Cars In UK Sold At Auction - CarScoops
Weird Collection Of 135 Seized Cars In UK Sold At Auction  CarScoops

Countdown to the auction block: one Rodin's journey from consignment to sale room - Art Newspaper
Countdown to the auction block: one Rodin's journey from consignment to sale room  Art Newspaper

Get your bids ready: Fourth auction of Neil Armstrong's belongings begins Oct. 25 - The Cincinnati Enquirer
Get your bids ready: Fourth auction of Neil Armstrong's belongings begins Oct. 25  The Cincinnati Enquirer

Court order leads BLM to trim Nevada energy lease auction - Mohave Valley News
Court order leads BLM to trim Nevada energy lease auction  Mohave Valley News

Walt Disney Daughter’s Art Collection Expected to Bring Over $14M at Auction - Hollywood Reporter
Walt Disney Daughter’s Art Collection Expected to Bring Over $14M at Auction  Hollywood Reporter

Equestrian ranch in Bartonville goes to auction without reserve - The Dallas Morning News
Equestrian ranch in Bartonville goes to auction without reserve  The Dallas Morning News

Frank Lloyd Wright Norman Lykes House Auction - HYPEBEAST
Frank Lloyd Wright Norman Lykes House Auction  HYPEBEAST

20 of the most expensive celebrity memorabilia items ever sold at auction - Business Insider
20 of the most expensive celebrity memorabilia items ever sold at auction  Business Insider

149 rare classic cars, performance vehicles up for sale in largest US Marshals auction - USA TODAY
149 rare classic cars, performance vehicles up for sale in largest US Marshals auction  USA TODAY

Treasury yields fall for the first time in four days on trade deal uncertainty - CNBC
Treasury yields fall for the first time in four days on trade deal uncertainty  CNBC

SEAFOOD AUCTION: Prices from New Bedford Seafood Auction on Nov. 11, 2019 - SouthCoastToday.com
SEAFOOD AUCTION: Prices from New Bedford Seafood Auction on Nov. 11, 2019  SouthCoastToday.com

Auction Guarantees Lifted the Art Market to Record-Breaking Heights. The Only Problem? The Golden Age of Guarantees Is Over - artnet News
Auction Guarantees Lifted the Art Market to Record-Breaking Heights. The Only Problem? The Golden Age of Guarantees Is Over  artnet News

Wine Auction Market Opts for Quality over Quantity in Third Quarter - Wine Spectator
Wine Auction Market Opts for Quality over Quantity in Third Quarter  Wine Spectator

Michael Jackson's socks from his first on-stage moonwalk are up for auction. They could fetch $2 million - CNN
Michael Jackson's socks from his first on-stage moonwalk are up for auction. They could fetch $2 million  CNN

Massive car collection seized from owners of bankrupt DC Solar up for auction - Fox News
Massive car collection seized from owners of bankrupt DC Solar up for auction  Fox News

Auto marketplace ACV Auctions seeks to raise $150 million at $1 billion valuation - Reuters
Auto marketplace ACV Auctions seeks to raise $150 million at $1 billion valuation  Reuters

Marc Jacobs’s Personal Collection Is Headed to Auction - Architectural Digest
Marc Jacobs’s Personal Collection Is Headed to Auction  Architectural Digest

Anthony Bourdain’s Estate Auction Fetched Nearly $2 Million - HouseBeautiful.com
Anthony Bourdain’s Estate Auction Fetched Nearly $2 Million  HouseBeautiful.com

Auction Report: The FP Journe Astronomic Blue Sells For CHF 1.8 Million At Only Watch 2019 - HODINKEE
Auction Report: The FP Journe Astronomic Blue Sells For CHF 1.8 Million At Only Watch 2019  HODINKEE

Nike, Doernbecher auction raises $1 million, fundraising passes $27 million - Portland Business Journal
Nike, Doernbecher auction raises $1 million, fundraising passes $27 million  Portland Business Journal

Indigenous people blocked Ecuador oil auction in growing fight to save Amazon - Salon
Indigenous people blocked Ecuador oil auction in growing fight to save Amazon  Salon

Family's kimono collection up for auction in Cirencester - BBC News
Family's kimono collection up for auction in Cirencester  BBC News

Just 3 companies show up for NHAI's toll-operate-transfer-3 auctions - Economic Times
Just 3 companies show up for NHAI's toll-operate-transfer-3 auctions  Economic Times

The 'Holy Grail' of 'Star Wars' memorabilia sells for $185K at Hake's Auctions in York - York Daily Record
The 'Holy Grail' of 'Star Wars' memorabilia sells for $185K at Hake's Auctions in York  York Daily Record

European antitrust chief says Google’s auction-based shopping remedy not working - Search Engine Land
European antitrust chief says Google’s auction-based shopping remedy not working  Search Engine Land

Latrobe Art Center plans 'Polka Dots & Plaid' auction fundraiser - TribLIVE
Latrobe Art Center plans 'Polka Dots & Plaid' auction fundraiser  TribLIVE

Govt. within its rights to hold spectrum auction, but older telcos unlikely to bid: COAI - The Hindu
Govt. within its rights to hold spectrum auction, but older telcos unlikely to bid: COAI  The Hindu

Washington County tax auction nets six figures | Local - Glens Falls Post-Star
Washington County tax auction nets six figures | Local  Glens Falls Post-Star

Treasury yields tick lower amid economic data, auctions - CNBC
Treasury yields tick lower amid economic data, auctions  CNBC

Peroni to auction helmet that saved him in horror crash - Motorsport.com, Edition: Global
Peroni to auction helmet that saved him in horror crash  Motorsport.com, Edition: Global

Cluckingham Palace, An Estate Literally Built On Chicken, Goes To Auction - Forbes
Cluckingham Palace, An Estate Literally Built On Chicken, Goes To Auction  Forbes

Man accidentally buys 1000 hens from online auction - Mashable
Man accidentally buys 1000 hens from online auction  Mashable

Well-known Louisville strip club headed to auction - Louisville Business First
Well-known Louisville strip club headed to auction  Louisville Business First

Franklin St Works Curated Contemporary Art Paddle8 Auction - Patch.com
Franklin St Works Curated Contemporary Art Paddle8 Auction  Patch.com

Woodlands mansion going to auction Nov. 21 - Chron.com
Woodlands mansion going to auction Nov. 21  Chron.com

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