Selling an Item on Ribs.Auction
How to price your RIB or Outboard
A good strategy for pricing a RIB or outboard involves considering several factors. First, research the market value of similar RIBs and outboards. Next, consider the condition of your RIB or outboard. If it's in excellent condition, you can price it higher than if it needs some repairs. Finally, set a reserve price that is at least 20% higher than your starting price. This will help ensure that you don't sell your RIB or outboard for less than you're willing to accept.
Trade Sellers: Don't set your starting price the same as your own sales channels. You'll get better results by offering a competitive price on ribs.auction.
You can upoload up to twenty images/videos to accompany your listing on ribs.auction. Here is a short video on how to do this.
https://www.loom.com/share/2043191735724c37a0eca56719b3d74a?sid=a0ad66c4-88fd-43fb-a78a-38dd1a9491c8
You can edit your auction listings until someone places a bid. This means you can add more images or change the text of your listing up until that point.
To find your listing, go to "My control panel" in the menu bar. Then, on the left side under "Selling", click on "Pending auctions". You'll see your auction items listed there. Just click the edit button to make any changes you need.
To delete an item from your pending auctions, follow these steps:
Once your auction reaches the bidding period, you can't make any changes to your item. This means no more editing or deleting!
At ribs.auction we do not charge a listing fee, nor a seller's fee!
We charge buyers a final price fee of 10%, capped at £500. So if a buyer wins an auction with a final bid of £3,000. The buyer's fees would be £300. If the final price is £10,000, then the buyer would pay £500 - 10% over the first £5,000 and 0% thereafter.
© all rights reserved Niche Auctions Limited
Facilitated by auction-pro.net