Dennis
Posted
No different than Craigslist
I am a seller on Liquidation.com and I feel they are the same as Craigslist-- maybe the buyer will show up and pay, maybe they won't. I have now "sold" 10 auctions over the past 4 or 5 months. But of those 10 transactions, six have been cancelled by Liquidation.com because the buyer decided not to pay. I know that buyers need to add a payment method before they bid. But after they bid (and outbid other legitimate buyers), the winning bidder can say "never mind... I don't want to pay after all". Liquidation then cancels the auction and everyone loses. There is no recourse for sellers and no punishment on buyers. Liquidation will not give the seller any details, and they won't approach the other legitimate bidders. Essentially it's Craigslist with shipping. The only reason I gave a second star is that if a buyer actually pays, all I need to do is have the boxes ready for UPS to pick up; and I get paid 7-10 days later. (They give time for shipping; and time for the buyer to "validate" the shipment before they send me $$$.)