I would like to know how a $5,000 item can have a start bid of $1? How would that strategy get me top dollar for my expensive items?

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I would like to know how a $5,000 item can have a start bid of $1? How would that strategy get me top dollar for my expensive items?

asked by Marla H. on 4/21/17

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fool-me-once c. · Answer 1 · 2017-05-24T07:46Z

fool-me-once c.

on 5/24/17

You won't get top dollar. In fact, you'll lose $9 on the item because MaxSold will charge you a $10 listing fee. And they DO NOT have the thousands of bidders they claim. In the auction of my household, there were only 70 people who even LOOKED at the site. About a dozen bid. A solid silver chandelier sold for $75. A $12,000 dining set sold for $40.
Post a free ad on Craiglist for bargain prices and give the stuff away if it doesn't sell - you'll be way ahead.

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I would like to know how a $5,000 item can have a start bid of $1? How would that strategy get me top dollar for my expensive items?

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