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Forum Home > General > Liquidation?
19 posts • Page 1 of 2 • 1, 2
Liquidation?I AM FIRST Timer using liquidation . Can anybody give me some tips??Is it worth paying for the unknow that you will receive?
I've made several bids on liquidation.com but haven't had any luck. There seems to be alot of traffic on their website, its hard to get good deals with everyone bidding up the prices. I would definitly read the fine print on the auction listings. When your buying in bulk and shelling out hundreds or thousands you want to be sure your going to make a profit. :roll:
Hint to the wise! I would avoid buying anything on liquidation.com. They have been listed in ripoffreport.com many times. I have personally sold on their site and was ripped off by liquidation.com for 515.00. I have also heard of buyers being very dissastisfied with some of the products received.
i have 2 going right now. Now you all are scaring me. I neevr win anyways but i always bid...well if the shipping is not so high
I've bought 3 different auctions from there. I've not really had a problem yet. I buy the returns items. Last batch had a brand new item, never opened. I do have one espresso machine that I sent to the repair facility to have fixed under warranty, but that's been the only issue I've had. When I bid, I research the prices I could get for each auction, set a personal bidding limit on the auction, if I get it great, if not, keep looking. Right now I've got about 10 different ones I'm watching. Now if you don't want to have to worry about something not being right, strictly shop the new items or shelf pulls.
come on now. Yall, its the same as bidding on ebay. Just dont bid until the last minute. Snipe all of the auctions and save a lot of mulah.
Okies this is the second time I saw this and I need to post what I posted about Liquidation.com here as well.
Liquidation.com is ok, you just have to know what you are getting into and DO your research into their policies, call them and ask them quesitons too before you bid. However steer clear of ANYTHING salvage. if its salvage then u can bet almost all are broken. My hard drive situation with ups..I got the hard drives from liquidation. They worked, about 60% of them, but almost all had bad sectors. I knew what I was getting myself into and was prepared for the risks and knew how to move the product, but you need to know that the only things u should buy are new and refurbs. I prefer new. Since this hard drive incident (UPS lost over half and damaged the other half of the hard drives physically that i finally found a buyer for) I only deal with new products, I even skipped the refurb industry! That lesson cost me over 2500 and more in stress. You can cancel an order in progress at the cost of $200. Its not cheap but it could save you 1000's. Be aware also that the term salvage means you get what you get, there is no disputing about items not arriving as described, however the quantities can be disputed, provided they fall outside the quantity variences (most are 1-5%). P.S. Always check the history of the person you are bidding on, for instance, in hard drives if he has very little or no history and its salvage, odds are he took the good drives out of a batch he ordered and are selling the dead hard drives to you, or he was new to the business and got nothing but dead hard drives and is looking for some patsey to offload his problems on, and maybe even turn a profit. -Benjamin Live and do everything by your morals, and everything else falls into place.
thanks ben, i look on there for clothing from time to time but there bids gets way to high for me. I'm still trying to understand their shipping. I click get a quote, then after that i see where it says 40..00 charge. Also what does the 5% buyes fee mean?
so i bid $x.xx plus shipping plus that 40.00 plus 5%buyers fee....then thats my total? any help would be great...p.s. explain it to me like i'm 5 lol ty
The buyer's fee is liquidation's fee for bringing the deals to you through their site. I believe the $40 is the buyer's fee. If not, it could be taxes. Some states like here in Texas requires tax. Hope this helps!
-Benjamin Live and do everything by your morals, and everything else falls into place.
Could we get some details as to what happened? What was the quesiton, what did they tell you, and what happened? Also, understand that liquidation.com is a brokering site, they dont actually own those products.
-Benjamin Live and do everything by your morals, and everything else falls into place.
The buyers premium is on your bid not total cost. So if your bid is $200 with 5%, the premium is $10, then add your shipping costs. Residential and lift is $40 each (80 total) if weight is over 150lbs and it's not shipped by UPS but by freight company. And I typically only buy thru sellers on liquidation that I've purchased from before. I am this time though trying out a new seller so we'll see what happens with them. If I don't like them, then I won't look at their merchandise in the future and stick with the regulars. Normally I always do returns or new/shelf pulls.
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