May 1st, 2012, 10:27 AM
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#43 (permalink)
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Senior Member
- Join Date:
- Feb 2009
- Location:
- Round Rock, Texas
- Posts:
- 315
- Liked:
- 96 times
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Re: Spider Hype / garmentequipment.com feedbacks
What is the 15% "premium" for that the bidder has to pay on top of his final bid? Running the website? They aren't inspecting the equipment, they aren't moving it, crating it, installing it, they aren't going to warranty it, they aren't doing anything but running a website. I could see that premium being worth it if they had eyes and hands on the equipment and using that money to make sure the bidders are getting a decent piece of equipment and can have some type of assurance/insurance/warranty.
I'm looking at this as a potential customer, not someone who opposes the owner of the website. I'm being as practical and unbiased as I can be and there is no way I'd use their services (ha, that's a good one) with the rules and regulations that they have in place. I'm not saying that there is no room or place for this type of business in our industry, but under it's current contruction it makes no sense to use the auction when there is a free site right here where you can deal with the seller directly and cut out a middle man that offers basically nothing to the transaction. Maybe there is much more to the auction and the service they provide is worth it but I can't see that while looking at it from a customer's perspective.
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