To prevent overbidding, I just simply find what I want and do my figures from there. I have a set price for each auction as to what I am willing to spend, after figuring out what my possible profits would be after the cost of each piece, shipping, my rental cost at the flea market and taxes, if my profits stay within a certain range thats when I figure in the most I am willing to spend on a auction, if however my profit falls below what I want to make, I will pass up that auction and go onto the next.

Its really not that hard to do. Another thing I do when I look at an auction is take a really good look at the pieces I am wanting to bid on, ask myself what I would be willing to sell each piece for, then at that time I look at view manifest, see what that says I can get for each piece. Yes sometimes I think what they say each piece is worth is a bit much, but then again I never go by what they say I can get. Good example: I was looking at this auction that basically said I can get I think it was $30 for each piece, if I put in a bid and won the auction with shipping the lot would have cost me about $170,I found the exact same lot on one of the other sites I go on, that site said I would get $8.50 per piece and total cost including shipping cost was $106… yeah the other source got my business with that lot needless to say, especially since upon looking at the lot I said I would sell it for $7 a piece.

Last but not least.I only bid on auctions that are new.

I picked up my merch and was pleasantly surpirsed. All items were as listed in manifest except for one sound bar that was missing. After I noticed it wasn’t on the pallet I went inside to speak with Nichole about it and was given a refund of $65 (from my $406) total bid. I thought I would just get a soundbar off the shelf but I guess not (it’s high security in there boys), either way it was fine. I was pleasantly surprised a week later when I got the confirmation of my refund that they gave me even more, in fact $74.75 !!! Good news! I prob would have only gotten $75 for it anyway if I were to sell it. So I’m happy.

With the TV’s they all were working out of the box exept for one (remote not responding). I was able to fix it since it turned out to be that the screw holding the infared eye inside the TV in place had broken off the plastic (prob dropped a bit for that to happen / the case had a hairline crack on the bottom so I’m assuming that’s what happened which is why it was returned) any way – easy fix. Also one of the DVD recorder had a huge jig saw puzzle inside the machine jamming up the tray (kids lol), an easy fix after I opened it. Everything else was great, most of the other electronics were not even opened!

To sum up, I’ll be able to make a good $500 – $700 profit on my two lots without any problems. One thing to keep in mind though is that if you are planning on picking up the itmes expect to wait a good hour or hour and a half to get your stuff out to your car (at least I had to wait but it was around lunch time and they had only 1 guy for the most part bringing the stuff out to the cars since the other worker was on lunch break). Also again stay away from their buy now crap. It’s all china made crap. Just go for the light or if you are lucky excelent quality return lots & don’t overbid! Do your research, make sure you know how much you will make and set limits on your bids. And don’t ship your stuff, that will kill your bottom line. If you can’t pick them up don’t bid (especially on the heavy lots)! I’m gonna hit the PS3 lots soon. My 2 cents.

And as far as the tax goes, aren’t you all resellers? Then why don’t you have your tax exempt sellers certificate so you can have them not charge you tax? Now mind you I have not picked up the items yet and I’m a bit scared after reading your comments, but I feel secure knowing that I won “light” returns with no known issues (as per their manifest & pictures) – just missing some “accessories” which I take to mean the 3d glasses since the remotes were in the pics and on the reports, but we’ll see. These are all passive 3D models which the glasses are dirt cheap (same ones in theaters).

So in conclusion, I would only use liquidation.com if you can pick your items up and have a tax exempt certificate & don’t try to buy anything with the letter “i” in front of it, my gosh these are going for CRAZZZZY money!! WTF? Also stay away from salvage and broken items (unless you are handy with a screwdriver)! Well, that’s my 2 cent’s. Sorry for the long post. Bash away at me if I’m wrong, I can take it.

BTW anyone want to buy a nice 3D T.V. cheap – only $599 for you – in home set up is free (if you live close that is)!!! I got some really nice sound bars w/sub’s, blu ray players & receivers as well: all cheap!!! lol. … gotta keep selling!