Simple And Useful Auction Observations

DealDash Auctions Explained

Have you really looked at all the information on the auction screen?

Here is what you will find and why it’s important.

1. A listing of the 9 most current bids, this shows you the time the bid was placed, who did the bidding and what the item cost is currently.

2. You will see the amount of time between bids, this helps determine if you want to join in the bidding. If you see that time between bids is a second or two you might want to wait.

3. You also see information on the current bidder such as their win limit status, how long they have been a member and what state they are from. You will most likely see that those that bid frequently without allowing the 10 second bid clock to run down have recently joined Deal Dash. These new bidders have not learned that frequent bidding does not ensure success.

4. You will see a description of the item. Read the description carefully, you want to be sure that you will be able to use it when it arrives. If measurements are not listed for furniture, contact support for that information. If it is electronics, make sure you have the right iPhone, iPod if one is needed. If you want a gift card, make sure that the company is in your area. Why get a gas gift card is the station is not anywhere near. If you are not sure, do an internet search on location for the vendor to verify. I have saved many bids by doing this search when thinking about a gift card.

5. Using Bid Buddy really can help you be successful. Several times I have booked bids and then gone away from the computer and when I return several hours later I find I have won the item. Of course, this does not happen all the time. But what a great surprise to go back to Deal Dash and see you have won.

6. Other bidders in the auction! You can count the number of bidders involved in the auction. If you scroll your mouse over the avatar image of the bidder, you can read their bio and see at what point they placed their first bid.

7. The Buy it Now price and how many bids you will get back if you don’t win the auction. This helps to keep count of how many bids you have used so you can calculate when it’s the best time to stop bidding and use the Buy it Now to get your bids back.

8. Timer cock and Bid Now button. With each bid placed the clock resets to 10 seconds allowing the chance for someone else to place a bid. If you don’t want to use the BidBuddy you can place manual (single) bids by pressing the Bid Now button.

9. Final Sales Price shows what the current price of the item is selling for. This is the price you will have to pay if you win the auction. Sometimes DealDash provides “Free” auction wins (winner pays 1¢ transaction fee) or “50% Off” auctions where the winner only pays 50% of the final sales price.

10. Buy it Now price is always shown here and on the Buy it Now button from point 7. The Buy it Now price is a fair market price and the same price you would pay if you ordered from DealDash’s supplying partners Walmart or Sears.

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