Today we will tell you about the best auction sites. First, let’s learn what an auction means; “Auction” is a derivative of the Latin word augeo, meaning to raise and increase.
The most common definition of an auction is a type of sale where goods do not carry any price but are determined through the competitive bidding mechanism. An auction is a good tool to sell any fixed asset, old or new, to the highest bidder within a limited time frame. An auction recognizes the need, creates demand, channels it, and brings together like-minded and willing people to participate in a public auction. Ultimately, the auction process results in the item being sold to the highest bidder with the highest market value of the day. An auction is considered completed when the buyer’s bid is accepted by the seller and the buyer pays the bid amount to the seller and receives the item.
Amazon
Amazon is a great alternative to eBay. It’s an equally famous, but even bigger, retailer. In fact, it is one of the most popular retailers in both the United States and Europe. Therefore, it is an ideal alternative to eBay if you want to buy or sell something.
As an Amazon seller, you don’t have to pay to list items. This instantly puts it ahead of eBay. You only get a certain number of free listings with eBay, after which you have to pay a per listing fee.
While you don’t have to pay to list an item, you do have to pay $0.99 per item sold. You can also use Fulfillment by Amazon. If you do, Amazon will ship your products for you.
Amazon is a great place to sell products as it has such a large customer base. However, it’s also a great place to buy items because their prices are often very competitive and you can buy both used and new stuff there.
e-Offer
If you’re looking for offers on sites like eBay, look at eBid. Ebid is a website incredibly similar to eBay. It is an online auction site like eBay that also offers fixed price sales just like eBay.
There you can buy and sell anything from cars to DVDs. This means that if you want to buy something, you have a great selection to choose from. Similarly, if you want to sell something, you have tons of categories to sell.
eBid has one big advantage over eBay. On eBid, the cost of selling is much lower there as the fees are much lower. You don’t have to pay a listing fee to put an item on eBid. But when you put an item up for sale on eBay, you do.
Leave
LetGo is a great app to sell things locally. LetGo is different from eBay. Like OfferUp, it is focused on local sales and does not have a desktop version. It is a completely mobile-based platform.
An easy way to find products near you at affordable prices. And it’s also great for selling your used items. If there are some things cluttering your home, then in the process you can clear the clutter and earn some money from it.
The great thing about LetGo is that it only focuses on local sales so you don’t have to worry about shipping charges, so your buyers always get free shipping. But the best part about this app is that it doesn’t charge any fees!
OfferUp
As with eBay, you can buy and sell anything on OfferUp, from used furniture to second-hand clothing. However, OfferUp focuses only on local sales and purchases. So, if you want to buy or sell something in your area, it’s a great platform to use.
It’s a mobile-focused platform that looks more like a social media platform than an online marketplace – more like Instagram than eBay or Craigslist.
Decluttr
Decluttr is another great app and website that lets you sell electronics like phones and tablets. But electronics aren’t the only things you can sell through Decluttr.
On the website you can also sell:
- DVDs
- CDs
- Blu-ray
- GAMES
- Books
poshmark
If you have clothes, accessories or other fashion items you want to sell, you should definitely take a look at Poshmark. We actually wrote a Poshmark review to help you get the most out of it.
Poshmark is an online marketplace for fashion. Sell your old clothes and make a profit from them! You can also buy things there. More than 5,000 brands are available on the platform.
You don’t have to pay to list an item on Poshmark and you don’t have to pay for shipping either. The website gives you a free prepaid shipping label.
True Truth
RealReal is a website where you can buy and sell luxury fashion pieces. There you will find clothing and other fashion pieces from top fashion brands such as:
- Rolex
- Gucci
- Cartier
- Bvlgari
- Chanel
One factor that is unique about the platform and sets it apart from other websites on this list is that it reviews every item before it is listed on the website. RealReal does this to make sure every piece they sell is genuine.
If you want to sell high-end clothing or other fashion items, this might be a better option than eBay. With eBay, you ship the item to the customer. With RealReal, you send the product you want to sell to the company’s warehouse free of charge. After your item is authenticated, your listing will open on the website.
You don’t have to pay to list an item. But the website takes a pretty big commission per sale. You can still pay commissions from 15% to 45%. However, you get a much more targeted customer base than you would get on eBay.
Minister
If you have a used or vintage piece of furniture, decor or art that you want to get rid of, then check out Chairish. On this website you can buy and sell products in a number of categories, including:
- Furniture
- Art and Mirrors
- Rugs
- Lighting
- decor
The website is easy to navigate, so it’s easy to find what you want to buy. It is also a very good platform for selling. The website charges a listing fee and you don’t have to pay to ship your items to Chairish. However, the website takes 20% commission on sales.
Cash4Books
Anyone looking to narrow down their book collection and earn some money from it should check out Cash4Books. Cash4Books is a website like eBay, but only for books! Another website like Decluttr where you sell your books directly to the website instead of putting them up for sale for potential customers to buy.
How much you can earn depends on the type of book you own. Be sure to check out our Cash4Books review for more on selling out there.
Etsy
If you love unique, handmade items or enjoy making them yourself, you’ll love Etsy. It’s like a more creative version of eBay.
Like eBay, Etsy is an online marketplace where you can buy and sell items. However, eBay sells just about anything, while Etsy is more the marketplace for handmade items.
See also: Best TV Series and Movies to Watch on BluTV