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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.
Except all those estate sale junkies go precisely because items don’t fetch the highest prices
I do not forsee this getting very far
So what you have is a glorified auction site limited to a few people. Call it anything you want but all it is is a auction side limited to special people……HEY EBAY SEE ANYTHING FAMILIAR.
Exactly what Monkposty noted. Most people who frequent estate sales are seeking things for resale, or bargains. They are not looking to pay “retail”.
Also great deal of these money-hungry estate sale companies will either run the bids up themselves, or hire shills to increase the auction prices. There is a definite possibility of scams here, just like on Goodwill.com- most of their items are relisted because they are not paid for after the auction closes. Why? Because the high bidder is a shill, not an actual buyer.
I will just stick to going to tag and estate sales in person, and hunt for treasures myself.
Just checked out. Not missing anything but some overpriced items that can bought online at any of the sites for much cheaper.