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Liquidation.com, a different point of view

by: sammhainn( 333Feedback score is 100 to 499) Top 10000 Reviewer
37 out of 45 people found this guide helpful.
Guide viewed: 1606 times Tags: Liquidation.com


I feel the need to write a somewhat positive overview concerning Liquidation.com. Maybe I'm one of the lucky ones who have had a positive experience every time I deal with Liquidation.com, but I'm also speaking from a "bottom feeder" point of view. From my very first purchase I knew that I was taking a gamble in what I will recieve. I usually bid on lots that are listed as customer returns (most of the auctions listed are), so right off the bat I know that some of the items may have functionality issues. I'd be lying if I said I'm not a little dissapointed upon coming home and testing my items to find that 8-10 out of 60 don't work. But looking at the big picture I just bought $2000+ worth of merchandise for under $300. I'm still pretty new at this but these are some pointers that I use when considering bidding on Liquidation.com.
  • Look at all the pictures of the lot. While you can't tell the condition of the items in the boxes, you can get a ball park idea by the packaging. Lots that use "stock photos" send up a red flag.
  • View the manifest and remember that the retail price listed is WAY on the high end of MSRP. That number, in 99% of cases, is not what you can expect to sell it for. Depending on the contents of the lot, I calculate to only get maybe a fourth of the retail in return. I hit that goal almost every time and sometimes do much better.
  • RESEARCH, RESEARCH and RESEARCH!!! If you are planning on selling these items on eBay, do your homework and see how the current market is. Check other venues as well, though I find eBay to be the most accurate to devise a selling game plan.
  • Unless your buying a lot of same items (i.e. iPods) don't rule out the option of selling outside of Ebay locally. Sure it can be a pain to advertise your goods, but I've gotten a good response just by word of mouth. Often times I make a greater profit because I don't have to factor in a crazy shipping cost into the final value of the item.
All in all I've had a mostly positive experience with the folks at Liquidation.com. I feel for the people that have had horrible transactions, and that's the main reason I stay away from the higher end electronics. Just always remember it's a gamble, and it cuts down on the dissapointment factor. It's not like you aren't warned at the end of every auction page: These items are offered "as is, where is" with no returns, guarantees or claims as to working condition.


Guide ID: 10000000002347864Guide created: 11/13/06 (updated 10/19/09)

 
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