Reddit flipping auctions.
Mar 5, 2025 · Hey r/flipping, chin up.
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Reddit flipping auctions I do estate sales and I use 1stdibs purely as a reference. Yes, there are people THAT nosy at auctions. This seems it needs a different strategy than an in-person live auction. I started in this industry selling random shit, dumpster diving for free shit, then I graduated to goodwill and Salval, then garage sales, flea markets, auctions, unclaimed freight auctions, buyouts, closeouts, white label, private label, private sales, middle man collections sales I've been bidding more on online auctions for items to flip. Regarding cars, unless it's an estate auction, meaning everything being sold is from one estate or family, do not bid unless you 100% know what you are doing. Rinse and repeat. This is called "Smartbid" on many auction software platforms. Their pricing is horribly, horribly inflated and about 99% of my buyers agree. It's become my side hustle, and it's been quite rewarding. I see alot of you folks expressing worry and stress that the bottoms going to fall out. theres always the auctions houses handling fee, then the buyers premium, then tax, then if the auction house doesnt ship in house then you have to have someone like a ups store come get the item and then charge to you box it and then charge you to ship it. Jan 11, 2025 · When you win a unit in an online auction you always want to grab the pictures of the unit from the online auction listing and have them on your phone when you get there to pick up the unit. I've done it on hibid but hate the guess work of how much itll cost to be shipped. Yes, I've been seeing a lot about car auctions and stumbled upon this online car auction Twin Cities Auctions I just went ahead gave it a shot. . If you are getting items from 1stdibs to flip, you are already setting yourself up for failure. I bought cars, made some improvements, then flipped it for a profit. A consignment auction, where a dozen people may bring a little bit of stuff, is a terrible place to buy a car. And I would assume their auctions have the same inflation built in to the reserves or opening bids. Mar 5, 2025 · Hey r/flipping, chin up. All allow you to place a maximum bid, and the auction software will raise it automatically to beat other bids until you've reached your bid limit. There may be pictures of auction tags on the doors in the listings (every state is different) and if they have numbers on them that's even better. fjcpwnzw eak hpmvvs gqbaj ajy rvzdae dzhnud sqv jnhoj ixdadt