It’s A New ONLINE AUCTION WORLD Out There 2023!
The world of auctions has evolved significantly over the past two years with recent worldwide health restrictions that have decreased the traditional in-person auctions. Online auctions have become increasingly popular and became the only way people can buy and sell items, offering convenience, accessibility, and a global marketplace. Become part of it!
Auction Walk provides the most affordable online auction platform today. Now that COVID is in the rear view mirror the online auction access has remained very popular. So many of the auction houses that were in-person only events have converted exclusively to being online.
1. Convenience and Accessibility:
The biggest advantage of online auctions is the convenience and accessibility they offer. Buyers can participate in auctions from the comfort of their own homes, offices and anywhere with internet access eliminating the need to physically attend an auction event. Allowing buyers from all over the world to participate in exciting auctions. Sellers have now realized that they can reach a wider audience of potential buyers, as online auctions break down geographical barriers and allow for broader exposure of their items. Gone for many are the auctioneer in person bidding so the growth of new online auction platforms like AUCTION WALK, HIBID, PROXY BID, K-BID and RITCHIE BROTHERS are experiencing large customer base growth.
2. Online Bidding:
Now as never before the Online auctions have seen a phenomenal growth offering flexibility in bidding. Bidders can review and bid from the comfort of their own homes, offices, and their cell phones from anywhere they might be and at any time of the day.
3. Online and Offline Bidding:
The auction buyer marketplace has demanded online representation and bidding for the complete industry in just the past two years. Most auction companies needed to do this simply to survive. What this had done was to show many auction companies that the Internet technology could work well for them. Increasing their bidder audience many times over. Gone is the local only on-site bidding and now the reach has increased to a global bidder market.
“But not so fast,” says Martin Snytsheuvel founder of Auction Walk, He goes on to say, “Many auction companies that never used online auctions now do a HYBRID of auction technologies.” Many auction houses use both the online representation’s and still have a brick-and-mortar operation. These are local auctions that still allow viewing of the items in person for those who have access to an area of an auction. This hybrid auction is a great advantage for the auction bidder who has the choice of one genre or both.
Many of these auction companies also conduct live on-site bidding simultaneously for those that want to attend. So, locals bid onsite for their items, then they can take possession of the item/s at auctions’ end and take the items when they leave. For those bidders that are too far to attend the scheduled live auction they will bid online. However, some auctions have items that are too fragile or too large to ship cost effectively, so an online bidder will see in the description that select items will not ship.
So, in summary please note that some auctions still have a requirement for some or all their items to be picked up in person. Other auction companies have a scheduled personal preview day where bidders can come and preview items in person, and some do not. Auction Walk has each auction company’s own terms and conditions clearly listed so that bidders can easily see not only what items can be shipped and what items are not, but also the ability if available to preview items, payments they accept, hours of pickup and auction location/s. All information is clearly available with just one click.
4. Transparency and Security:
All Auction Walks listed items have accurate descriptions, photographs, and condition reports provided for each item. Helping buyers make informed decisions and assess the value of items before bidding. Additionally, our online auction platform has secure payment systems in place, providing a level of security for both buyers and sellers. This eliminates the need for cash transactions and minimizes the risk of fraud, providing a safe environment for buying and selling.
Here at AUCTION WALK we qualify only Licensed Auction Companies and 5013c Charitable Fund-Raising Organizations to participate on our platform. This means that the bidder has a high level of security because Auction Walk monitors all activity. Any activities that are reported or seen to not meet the high level of accuracy of any of the listed items and any form of shill bidding will not be tolerated. Auction Walk has zero tolerance for those sellers and or buyers that do not conform to Auction Walk own terms and conditions as well as the listing auction companies. Not all auction houses that apply to be added to the Auction Walk platform are accepted. This is important to the honesty for the items represented and virtually eliminates scams and rip offs. Bidders are also validated for the same reasons.
5. Diverse Range of Items:
Online auctions offer a diverse range of items for sale, ranging from antiques and collectibles to vehicles, jewelry, artwork, real estate and more. Items represented here typically sorted from estates, clearance, overstock, out of business, store returns, hard to find, and valuable items that mostly are at bargain prices. Auction Walk seeks and recruits the diversity of auction sellers and items that ensures excitability, so bidders visit us online regularly.
6. Time and Cost Savings:
Online auctions save both buyers and sellers time and money. Buyers have options to travel to physical auction locations or not. Saving time and expenses associated with transportation.
Online auctions have increased worldwide in the buying and selling, offering convenience, accessibility, transparency, and security to buyers. The flexibility in bidding, a diverse range of items, and time and cost savings make online auctions an attractive option for many. At minimum the bidders have the comfort of bidding any time and from anywhere and still get their shippable items secure and safely. Some bidders may choose to go the auction location for those sellers that offer this option, and those details are clearly listed on Auction Walks auction and item descriptions. Overall, it’s all about the listing of great items by auction houses anywhere in the USA and for buyers anywhere in the world to view, evaluate and safely bid on items they find interesting and unique. Auction Walk encourages both sellers and buyers to meet here and have fun with auction items at great prices.