extended payment plans
I think the extended payment plans would work well if set up right. They seem to help PWCC for Ebay sales. Some may argue that there are other reasons they get such high prices, but I think their payment plans are a large incentive to buyers. I do not know the terms they offer for buyers/sellers, except it is only for higher dollar items. I would buy more from an AH that offered this service.
Would it be legal to require a minimum deposit that would be split with the consignor and AH if the buyer later defaulted? That might make it less of a PITA for both. Also, could the consignor have a say in offering that option to buyers? Some might need the money faster.
As far as auction ending times. I want to pay the least as a buyer and get the most as a seller. Has any real research been done on this?
BlLL d0naIds0n
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