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Do you think soft close auctions earn more money for the seller?

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Do you think soft close auctions earn more money for the seller?

Offline Travis

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Do guys think soft close auctions earn more money for the seller?

Offline Travis

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Re: Do you think soft close auctions earn more money for the seller?
« Reply #1 on: August 26, 2014, 04:39:47 PM »
On auction websites which uses a soft close, can you still set your max bid? 

Re: Do you think soft close auctions earn more money for the seller?
« Reply #2 on: August 28, 2014, 01:17:33 PM »
The only auction site I have used that does a soft close does have proxy bidding. I could set my high bid as $500 and the next highest max from another bidder is $200, my bid would only be 210 or something like that. I hate soft closes though can't snipe. The great thing I have found about sniping is not a lot of people do it right. I just won my first online auction with a hard close, I put my one and only high bid of $383 in in the last 30 seconds and got the unit for $180. Now if it was a soft close it would have given the other bidders a chance to bid me up higher, I still would have won but maybe paid alot more for it.

Offline Travis

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Re: Do you think soft close auctions earn more money for the seller?
« Reply #3 on: August 28, 2014, 04:17:26 PM »
So, basically what everyone is saying is that soft closes benefit the seller while hard closes benefit the buyer.

I was considering moving OSA to a soft close, but after thinking about it, it may not be a good idea. Buyer's don't prefer them and storage facilities might have to wait several additional hours to know the outcome of their auction.   

Re: Do you think soft close auctions earn more money for the seller?
« Reply #4 on: August 28, 2014, 08:55:21 PM »
id move to soft close, you want max $ on auctions or youll get no facilities willing to use you. auctionzing is having that problem. I bid on them would have won them all but they pulled them because they didnt go high enough


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