Why are the bids in current auctions low?

Most online auction bidding does not get competitive until the last 15 minutes before closing.

Many 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 whenever an item receives a bid in the final 2 minutes of bidding. Much like in a live auction, bidding keeps going as long as someone is willing to pay a higher price.

Below are graphs showing bidding vs. time on closed auctions... we find the that this trend is similar across 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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