Why are the bids in current auctions low?

Online auction does not get competitive until the last 15-minutes of closing.

Bidders wait until the last minute to bid to try get a deal so the competition is intense at the end.... a client once said it's like watching a horse race!  Unlike eBay, MaxSold's soft-close feature extends bidding by 2 minutes when an item receives bid in the final 2 minutes of biding. Much like in a live auction, bidding keeps going as long as someone is willing to pay a higher price.

Below are graphs from showing bidding vs. time on closed auctions... we find the that the trend is similar with all auctions.

Kingston, Ontario - closed at over $21,000

Westchester, New York - closed at over $10,000

 

Lutherville-Timonium, Maryland - closed at over $9,600

All the items below started at just $1 - it is the best way to generate market interest and set a fair market price.  

 
Secretary Desk sold for $970 in the North York MaxSold online auction!

Secretary Desk sold for $970

 
 
Vintage Typewriter sold for $150 in an Maxsold estate online auction in North York

Vintage Typewriter sold for $150 

 
 
Brazilian Saddle Chair sold for a whopping $2,650 in the Philadelphia area (Jenkintown) MaxSold Online Auction.

Brazilian Saddle Chair sold for a whopping $2,650 

 
Gustavo Montoya, Oil On Canvas - Sold on MaxSold.com for $10,250

Gustavo Montoya, Oil On Canvas - Sold on for $10,250

 
 
2010 Lexus Sold on MaxSold.com $17,750

2010 Lexus Sold for $17,750

 
 
Rug sold for $6600 in this Boston area Estate Online Auction.

Rug sold for $6600 

 
Tiffany Sterling Coffee Pot, Sugar, Creamer - Sold for $2250 in the Montgomery Village Downsizing Auction

Tiffany Sterling Coffee Pot, Sugar, Creamer - Sold for $2250 

 
19th Century Mahogany Secretary Bookcase sold for $2050 at the MaxSold Toronto Estate Sale

19th Century Mahogany Secretary Bookcase sold for $2050 

 
 
Harley Davidson Road King Motorcycle sold for $6600 on a MaxSold online warehouse sale in Kingston

Harley Davidson Road King Motorcycle sold for $6600 

 
 
Bag Pipes - Sold for $370 at the MaxSold Turk's Antique Store Clearout Online Auction

Bag Pipes - Sold for $370 

 
 
S.S. Stewart Arch Top Guitar - Sold for $510 at the MaxSold Turk's Antique Store Clearout Online Auction

S.S. Stewart Arch Top Guitar - Sold for $510 

 
 
Moorcroft Vase - Sold for $280 at the MaxSold Turk's Antique Store Clearout Online Auction

Moorcroft Vase - Sold for $280

 
Lotte Table Lamps - Sold for $640 in the London Downsizing Sale.

Lotte Table Lamps - Sold for $640 

 
 
Honda FRC800 Tiller - Sold for $1050 in the MaxSold Ottawa Moving Sale.

Honda FRC800 Tiller - Sold for $1050

See past auctions to gauge MaxSold's online auction success.  Auction results for every single online auction are published.

 

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