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Find Great Deals on an Auction

Optimize Your Auctioning

Do some work ahead of time and net a bigger price when selling online.

If you're listing an item for sale on an auction, you can maximize the bids for that item by following these tips:

Some sites cater to specific kinds of products. Before you list your item on an auction site, visit each of the big sites ( eBay and uBid Auctions) and search for similar items, taking note of how many bids there are. After all, you want the most possible bidders for your item.

List your item in the right category. To find the right category, search for similar items and note the categories in which they appear. Auction bidders go where the items are, and it's often not clear which category is the best one.

Create an effective title for the item, by including all the important keywords relating to the item. For example, "Early Conn Baritone Saxophone" is far more effective at attracting bidders than "Cool Old Sax." Be specific, spell all words correctly, and avoid auction buzzwords, like "Wow!" or "Look!"

When writing the description of an item, include all pertinent information. Always include model numbers, serial numbers, measurements, the age, and a description of the item's condition (including any flaws), plus any additional information that will inform bidders. Avoid exaggerations; they only hurt your chances. Include information on shipping costs and restrictions to avoid having to answer e-mail questions later.

Set a reasonable starting bid and reserve price (a reserve is the minimum price you'd accept for the item). If either of these is too high, you'll frighten away early bidders, and that usually means a lower price for your item. Most experienced auction sellers understand that the words No Reserve are a magic formula for grabbing bidders' interest.

Always include a photo or photos with your item, if possible. This is a must if you want to realize the highest possible price. Use a digital camera or scan a regular photo. If you don't have your own Web space to store images, try using a free Web-hosting service, such as GeoCities or an image-hosting service, such as Pongo,PixHost, or Twaze. (Unlike the free Web-hosting services, image-hosting services sometimes charge a small fee to store images.)

Answer all e-mail questions promptly, courteously, and completely. Anyone who bothers to write to you is genuinely interested in your item.

 

 

 

 

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If you're not the type of bidder who plans on repeatedly returning to an auction to ensure that no one has outbid you, you can place a proxy bid. Let's say an item is on the block for $10, but you're willing to pay $25. With a proxy bid, you bid $11 but also state the maximum you're willing to pay ($25) for a particular item. Then, if anybody outbids you ($12), an auction will automatically make a bid on your behalf ($13) until your maximum bid amount has been reached ($25). To place a proxy bid, just state the highest price you're willing to pay for an item in the "maximum bid" box and an auction will sneakily take care of the rest.

 
 
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