.
Internet auctions work a lot like regular auctions – Yahoo, eBay, Amazon.com and other virtual auction houses act as proxies between buyers and sellers, awarding goods to the highest bidders.
* You can buy anything under the sun at mega auction sites, but don’t sell the small ones short. Large auction sites, like eBay, don’t guarantee and item’s authenticity, but some specialized Internet auction sites do. You may also have more luck finding what you want.
* Read every site’s Terms of Service agreement and Privacy Policy so you understand the rules sellers and buyers play by. For example, all sales are final at some, while others let you return goods. Some let you withdraw your bid, others don’t. Know the terms before you shop.
* Set a ceiling on how much you are willing to pay for an item, and stick to it. Don’t get caught up in the bidding frenzy and spend more than you had planned.
* Check the piece’s going price at stores and recent auctions before you bid on it to avoid overpaying.
* Read all the specific information the seller gives about an object. Look for details about its condition and whether any pieces are missing. You can complain to the auction company and, in some cases, return the item if the seller mislead you.
All the best,
Timben
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