Auctionninja.com (2024)

FAQs

How much does auction ninja cost? ›

User agrees to pay AuctionNinja a $250 non-refundable set up fee (“Setup Fee”) due upon the signing of this Agreement, a monthly (or part month) fee of $19.19, which will be debited from a credit/debit card on file in the first 10 days of each month, and 2% of the total paid hammer prices of each auction payable by ...

AuctionNinja is an online venue for Sellers to post auctions containing items for sale, and Buyers to browse these listings and opt to bid on and buy these items. AuctionNinja facilitates the selling and buying of items, but is not involved in the actual transactions between Sellers and Buyers.

Not every new seller or buyer is a scammer, but many scammers use new accounts to avoid being tracked. Online auction sites have systems to detect fraudulent actions, but sophisticated scammers can bypass security systems undetected.

Founded in 2002, LiveAuctioneers is the world's leading platform for live and timed auctions of collectibles, antiques, and fine art, enabling more than 1,600 of the world's trusted auction houses to host auctions online with access to millions of active buyers.

The answer is that they charge fees - commission - to the seller and to the buyer. All you as the buyer need to do is know what those auction fees are and then take those charges into account when you decide how much to bid. The auction fees to buyers are typically added on to the hammer price.

Average price auction: the winner is the highest bidder but pays the average of his and the second highest bid.

However, there are also some drawbacks to online auctions. One of the biggest drawbacks is the lack of personal interaction between buyers and sellers. Buyers are unable to inspect items in person, which can make it difficult to assess their condition and value.

DealDash is a legitimate website that allows visitors to bid on various items, from electronics to clothing, winning them at less than the retail price.

How does DealDash work? ›

The company's business model, as with prior sites, is that customers enter into bidding, where they pay for each bid on an item, regardless of whether they succeed or not. Each bid marginally increases the price of the item until the end of the auction, at which point the item is sold to the final bidder.

Payments system. Buyers using the platform may pay via any major credit card or eCheck (ACH) by clicking the Pay Now button on the LiveAuctioneers invoice. Please note LiveAuctioneers charges a processing fee of 3% on all transactions.

The minimum deposit at NinjaTrader is $0 - a great feature. You can choose from multiple base currencies. You can only deposit your funds via bank transfer but there's no deposit fee. Depositing money at NinjaTrader is an easy process.

How do auction fees work? The seller's commission at major auction houses, such as Christie's or Sotheby's, is 15%. On top of that, you'll be asked to pay shipping, LDL (loss, damage and liability insurance), as well as a hefty marketing and cataloguing fee. These are negotiable fees when it comes to consignment.

Attract more visitors to your sales by listing on AuctionZip for the low fee of $20 per listing.

Network Auctions charge a standard auction commission fee of 2.5% + vat. The auction fee Network Auctions charge depends on the selling price.