Date: Tue, 3 Jun 1997 19:40:11 -0400
From: Bob Rankin 
Subject: TOURBUS - 03 Jun 1997 - AuctionWeb

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           TODAY'S TOURBUS TOPIC: AuctionWeb

Welcome to another installment in our little tour of the highways and
byways of cyberspace.  Today I'm pleased to announce that we have a
Guest Driver.  Kevin Savetz is author of several Internet FAQs and
books and is well-known to AOLians as the Answer Man.  You can visit
his home page at for the full scoop.

And while you're in a visiting mood, let today's TOURBUS sponsors
know you're glad they're helping to keep the World's Largest Bus

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AUCTIONWEB - By Kevin Savetz

  Bob has put me in the driver's seat today -- so if I can keep the
  TourBus from careening off the side of the road, today's stop will
  be a site that I frequent in my relentless pursuit of more clutter
  for my home: AuctionWeb.  Please keep your hands and arms inside the
  vehicle at all times.

  The premise of AuctionWeb couldn't be simpler: sell stuff that you
  don't want, buy stuff that you do want.  AuctionWeb isn't one of the
  zillions of forgettable sites where you can purchase stuff from some
  random company.  Instead, anyone can put anything up for auction --
  selling their stuff to the highest bidder as the law of supply and
  demand run its course.

  You can buy and sell just about anything here.  The site organizes
  items in categories, including comics, books, Barbies, jewelry,
  photography equipment and many others.  There are, as you might
  expect, a gaggle of computer-related categories, where you can hawk
  your old Commodore 64 or try to get a good deal on Microsoft
  Office...  or just about any other hardware and software you can
  name.  Collectibles, antiques, trading cards and music CDs also do a
  brisk business.

  If you're on the lookout for something in particular, AuctionWeb
  makes is easy to find the goods you're looking for with its search
  engine.  Be patient, though -- the search tool can be on the slow

  Holding an auction is simple enough: fill out a form to describe
  your item, tell AuctionWeb what the minimum acceptable bid is, and
  pick the category that best fits.  You can choose the length of the
  auction, from three to seven days.  (Longer auctions don't
  necessarily mean you'll get more cash, as heavy bidding wars tend to
  occur in the last 24 hours of an auction, regardless of its length.)
  AuctionWeb will send you daily status updates via e-mail.  When the
  auction is over, it will e-mail the final results to you.

  Bidding in an auction is even simpler: enter the maximum price that
  you're willing to pay, and sit back as AuctionWeb does the rest of
  the work.  The program uses "proxy bidding," which means that it
  bids on your behalf, up to your maximum bid.  So if you bid a
  maximum of $30 on an antique cookie jar, but the next highest bid is
  only $15, AuctionWeb will raise your bid to $16.  If you are outbid,
  AuctionWeb will send you a warning via e-mail.

  Buying from and selling to strangers on the Net is not without its
  dangers, so AuctionWeb provides a tool for evaluating the dealings
  that you have with others.  You can check to see if other users have
  found a person trustworthy before you blithely send him or her your
  hard-earned cash.

  AuctionWeb is free if you're bidding on and buying items (of course,
  the items aren't free but the site is.) AuctionWeb does charge
  sellers -- a small listing fee for starting an auction (from 25
  cents to $2, depending on the lowest bid that you'll accept in your
  auction), and a small percentage "cut" if the item sells.  Despite
  the cost, AuctionWeb is a good value for sellers -- your item is
  likely to sell for more here than it would at a neighborhood garage

  If you don't know what your old set of baseball cards, that Star
  Trek Christmas ornament or your dusty guitar is worth, consider
  putting it up for auction and letting the other netizens fight over
  the price.

  It's a whole lot of fun to participate in an online auction, and its
  also a blast just to browse the aisles and aisles of weird stuff
  that folks have for sale.  But remember: AuctionWeb is like a trip
  to Las Vegas: never bid more than you can afford to lose.

  --Kevin Savetz 

See you all next time!  --Bob

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