First, the study found the supply of items for sale is up from a year ago. This means more competition for sellers and lower selling prices. Steiner also cautions that there is increased media hype about online fraud which is scaring away some bidders. First, know your market. Do not hope for a high selling price, but sell when you think demand would be best.
Timing is everything on the Internet.
For example, some sellers say bidding is not likely to be strong on certain holidays or at certain times of day or night, or on certain days of the week. Some items don't sell well on the Internet, period. Know where your market is strongest. Alan Mendelson of Valencia is the money reporter for KCAL-TV Channel 9. Search our online archive, or browse past editions.