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Ruth W.

Contributor Level

Total Points
83

1 Review by Ruth

  • MaxSold

4/12/19

It is a way to have your possessions plundered for next to nothing. My husband and I found the results very disappointing. With $1.00 minimum bids it is unbelievable that incremental bids for under $1.00 were allowed. The $700 set up fee was excessive since we had to do the grouping ourselves, which was a lot of work. On the positive side, MaxSold employees were extremely nice.

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MaxSold I. – MaxSold Rep

Response: In addition to taking feedback from our Seller’s and doing our best to make it right in their eyes, it’s important to provide the following information for transparency for others that may be reading this. It’s an unfortunate reality that the market doesn’t always pay a seller what a seller thinks is a fair price for individual things (or perhaps even in aggregate) under a competitive auction model (this is true for any auction company). Maxsold does its very best to provide both a detailed outline of our process (www.maxsold.com/sell) and share our past auction data (www.maxsold.com/past) to prepare sellers for the realities of the market when items must be sold. Sellers have both financial and emotional attachments to items and so our job is to sell only those items they need to part with - typically items that will soon be a liability due to a move / sale of real estate / etc. as selling the items avoids additional, ongoing, logistical and/or storage costs. Our model, which includes selling everything to the highest bidder regardless of price, guarantees our sellers a finite and transparent experience that passes the logistical burden onto the buyers as they MUST arrive and remove, with their own resources, all of their purchases from the sellers location during a short time window agreed to by the Seller. This saves hundreds (if not thousands) in labor alone.

If interested, check out this perspective on the evolving need and how Maxsold helps:
https://www.linkedin.com/pulse/maxsold-tomorrows-auction-housetoday-adam-gordon/

MaxSold continues to reinvest all funds made in the pursuit of its vision to Sell. Everything. Simply for downsizing and estate clients without judgement: http://maxsold.com/maxsold-purpose/

Feel free to check out the results of this auction for yourself. As with all our auctions, this auction was executed with unmatched transparently. Additionally, our experience suggests there weren’t other 3rd party sale of goods options for this seller (as others would have denied service or cherry picked goods on the basis of lack of ‘mix/fit/value’ for their models). We are transparent with all our results and, although we are confident that a 3rd party professional appraiser would agree that our results were fair value, we are ultimately sorry that our seller is disappointment in this case:

https://maxsold.maxsold.com/auction/ardsley-new-york-usa-moving-online-auction-faith-lane-14939/bidgallery/

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Ruth W.'s review of MaxSold earned 3 Very Helpful votes

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