Tag Archives: auction

What Online Auctions are About

Hard as I try to deny it, I just can’t. I’m hooked on online auctions. Even my closest friends are beginning to get sucked into the craze, as they keep bugging me with questions about it. I feel I may need to hire a phone answering service just to handle all their calls. So, what are online auctions all about?

Online auctions seek to connect buyers to sellers, letting them engage in a bidding process over items which are for sale. Like a moth to a flame, people are drawn to online auction sites because they get to buy items at low prices. They can even sell their old stuff for extra money.

Although online auctions are fairly safe, you should still exercise caution. Be sure to read the terms of use, so you’ll know if the seller or site is accountable for any problems which may turn up. Check for the refund policy.

When it comes to payment, it’s best to use an online payment service such as PayPal, because they offer some protection in case the seller doesn’t deliver the goods. Both the buyer and seller are protected, since both parties will have to give the payment service their own information prior to setting up their accounts.

With online auctions, you just might find that needle in the whole shopping haystack…