Welcome to 7b Auction. If you are considering selling assets, please fill out the form below. We will answer you quickly, within maximum 2 business days. Urgent matters call us 208-217-8070

 

Why Online Auctions? With so many Benefits of an Online Auction, let me show you some:

 

With a live auction the typically participation is a limited number of people, compared to an online auction the participation is much higher and MUCH stronger. The staggering number of participating buyers could never be reproduced with a local live auction offering the same products.

 

Bidders can bid 24/7 on your items. At a live auction they only have a short window to place a bid on the item(s) they want. An online auction allows them to actively bid at 1 A.M. if they wish.

 

Weather will have no impact on sale of your Assets. If there is a snowstorm during your live auction, many buyers will stay home. An online auction will continue, unaffected by weather.

 

Social media, such as Facebook, Twitter, and Linked-In, can take your buyers directly to the auction and allow them to bid at their desk during working hours. The vast majority of our population simply does not have time to go to an auction and stand around all day. This allows them to have fun and participate with very little time invested. We are able to bring the product to the market (buyers) instead of trying to entice the market to the product.

 

All of the online auctions have an auto-extend feature. On eBay a person can swoop in at the last second and “snipe” a bid. If an item on the 7b Auction site receives a bid in the last minutes it will automatically extend the bidding time for that item. This allows the other bidders to counter bid, thus driving up the price, until all hearts are satisfied. Is that success you are smelling?