Auctionninja.com (2024)

FAQs

How much does auction ninja cost? ›

I authorize Auction Ninja, LLC to charge my credit card indicated below for a one-time $250 set-up fee (charged upon registration), as well as $19.19 within the first ten (10) days of each month and 2% of the gross auction sales for each auction within forty five (45) days of auction completion.

AuctionNinja is an online venue for Sellers to post auctions containing items for sale, and Buyers to browse these listings and opt to bid on and buy these items. AuctionNinja facilitates the selling and buying of items, but is not involved in the actual transactions between Sellers and Buyers.

Not every new seller or buyer is a scammer, but many scammers use new accounts to avoid being tracked. Online auction sites have systems to detect fraudulent actions, but sophisticated scammers can bypass security systems undetected.

You may update your information at any time by logging onto AuctionNinja.com. Click on MY DASHBOARD. Then click on ACCOUNT. Click on PREFERENCES.

The answer is that they charge fees - commission - to the seller and to the buyer. All you as the buyer need to do is know what those auction fees are and then take those charges into account when you decide how much to bid. The auction fees to buyers are typically added on to the hammer price.

Average price auction: the winner is the highest bidder but pays the average of his and the second highest bid.

Auction Ninja will automatically send you an email that contains a list of what you won, along with pick up instructions. You'll also get an email confirming the credit card charge. If for some reason you don't see either of these emails, check your spam.

Auction sniping (also called bid sniping) is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which may be hidden) as late as possible—usually seconds before the end of the auction—giving other bidders no time to outbid the sniper.

What are disadvantages of online auctions? ›

However, there are also some drawbacks to online auctions. One of the biggest drawbacks is the lack of personal interaction between buyers and sellers. Buyers are unable to inspect items in person, which can make it difficult to assess their condition and value.

The Risks of Online Auction Sites

Whether you're buying or selling, here are some potential issues you may encounter: Identity theft. Lack of payment. Lack of delivery of goods.

Access) set up fee ("Setup Fee") due upon the signing of this Agreement, a monthly (or part month) fee of $19.19 (reflective of a $19.00 per month fee + 1% state subscription tax), which will be debited from a credit/debit card on file in the first 10 days of each month, a minimum commission of $75 or 2.35%* of the ...

FLAT RATE SHIPPING CHARGE TO HAVE YOUR ITEMS SHIPPED WITHIN THE USA, UP TO 15LBS. YOU WILL BE EMAILED TRACKING INFORMATION ONCE IT SHIPS AND IT WILL ALSO BE ATTACHED TO THE PAYMENT ON YOUR PAYPAL ACCOUNT, PLEASE CHECK THERE FOR YOUR TRACKING INFO.

The minimum deposit at NinjaTrader is $0 - a great feature. You can choose from multiple base currencies. You can only deposit your funds via bank transfer but there's no deposit fee. Depositing money at NinjaTrader is an easy process.

Ninja Animation Package

It can be purchased for 750 Robux.

If you're envisioning a basic site with only the essential auction features, your costs might start as low as $3,000. However, if you're looking for a fully customized platform with advanced capabilities, such as an integrated app and complex user interactions, the price could soar to $100,000 or more.

How do auction fees work? The seller's commission at major auction houses, such as Christie's or Sotheby's, is 15%. On top of that, you'll be asked to pay shipping, LDL (loss, damage and liability insurance), as well as a hefty marketing and cataloguing fee. These are negotiable fees when it comes to consignment.