Does any of the equipment that isn’t sold in the auction get put up for sale elsewhere?
I tend not to mess with the auction/bidding format. By the time everyone bids against each other the deals sort of stop being very sweet (which of course is great for the seller/auctioneer…but not for a guy looking for sick/rad/dope equipment deals). Does unsold stuff just roll into the next auction or does it just go posted for fire sale somewhere?
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Depends. Sometimes the seller may choose to re-list the items or seek other methods of selling them if they go unsold. I’ve bought and sold lots of equipment this way, generally a great way to get a good deal (though there is always some risk, auctions are usually as-is, but it’s why the deals can be found). Andy’s a great guy though, A+ to do business with.
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@eyeworm
If you are seeing an item for a second time it is for one of the following 4 reasons:
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The seller has multiple of a certain item and has chosen to sell one at a time to either get the highest price per item or they are slowly decommissioning and are selling as they wind down production
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Sometimes buyers buy stuff and then before they ship it to themselves, they decide they need to sell it as they no longer need it or do not want to pay the shipping. (I had a guy two months ago win a booth at auction, pay for it, got it shipped to his place and then discovered it was too large for his place and he wanted to sell it again. and YES, the dimensions were in the description before he bought it)
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The item went unpaid for in a previous auction. If that is the case, the bidder who won the item is banned from all future a2c auctions and it is first offered to the next highest bidder directly although we try to stay away from doing that.
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Believe it or not, at least 1 sale per month never gets picked up. This ranges from small value items to large. Its bizarre but sometimes people just disappear off the face of the earth and don’t answer calls for 90+ days at which point sometimes, contractually, we have no choice but to re-list it
To be very frank with you, @eyeworm, there is a lot of bad actors in this industry and I have found that this format works the best for both buyers and sellers. It also helps me show sellers that their reserve prices are to high. (that way in their second auction their reserve price is more in tune with what the market is willing to pay)
All this being said, out of the 150 lots in each auction every month only 10-20 of them are repeats from the previous auction. I am often accused of running the same stuff twice in some effort to be underhanded and scheming but for the reasons above and myriad of others, it happens all the time. We do sell a lot of equipment and I am sure there are some buyers who will read this and confirm. I try to do my best by everyone.
*** A good way to think about it is that the auction never actually ends, it just keeps rolling and I have at least 100 new items to add each month
I’d be more than happy to discuss this and anything else you have questions to over the phone just message me privately.
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Thank you @Mr.Clean for the support and praise. You are wonderful to work with as well!
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