Online auctions allow you to search for uncommon collectibles from the comfort of your own home. Since it all feels fast, you may hurry your decisions or skip over important parts of the process that can have an effect on your outcome. This guide breaks down the most common mistakes that emerge when participating in auctions, mistakes that you’ll be able to avoid so your buying process remains smooth.
1. Ignoring the Auction Terms and Conditions
Read the auction “rules” before you sign up to bid; these terms will tell you how the site operates, how payments are dealt with and what happens if you win a bid. When you don’t do that, you may be surprised by fees or deadlines that limit your trip. By learning this kind of stuff in the early going, you’re essentially giving yourself less decision-making to have to do throughout the course of an entire auction.
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