The Online Mobile Auction application is nothing but having an access to the online auction sites through mobile phones. The bidding which takes place through the mobile phones is the same as the online medium. Internet auctions are as good as bazaars. There are many sellers and buyers who gather in one point and make their business and purchases.
In most cases, sellers offer one item at a time, but sometimes sellers offer multiple lots of the same item. The multiple selling of the items are generally known as Dutch or English auctions. There are few points one needs to keep in mind before going in for a particular seller and placing its bids.
Above it is the most important to know the Online mobile auction site and the seller well. Find out who are you dealing with and verify the details. Check if the contact information given is accurate. Also go through the reviews by other buyers to know if the service is good or bad. Before you bid, find out what form of payment the seller will accept. If the seller accepts only cashier’s checks or money orders, decide whether you are willing to take the risk of sending your payment before you receive the product.
After you are satisfied go ahead with the bidding. Don’t bid on an item you don’t intend to buy. Remember that if you’re the highest bidder, you are obligated to follow through with the transaction. When bidding, take steps to protect your privacy. Never give your personal identifying information as no seller should need it.
After the bidding process is over and the buyer has to make payments for the item or items won by him. There are many payments options including credit card, debit card, personal check, cashier’s check, money order, cash on delivery and escrow services. However, all sellers do not accept all forms of payment. Consider paying with Pay Pal or with a credit card, as most offer guaranteed consumer protection. But when the seller accepts only one form of payment then you got to be very careful. One should never pay with cash and use caution when paying with cash equivalents such as wire transfers.
Credit cards offer buyers the most consumer protections, including the right to seek a credit from the credit card issuer if the product is not delivered or if the product received isn’t the product ordered. You can also consider using a third-party payment service. This allows you to transfer money into an online account and make payments from that account without exposing your actual credit card or bank account information to the seller.
The last is the shipping procedure. If the delivery of the item you have purchased is delayed then it is a bad sign. Check the site’s user agreement to find out if the seller is within that time frame. If the auction doesn’t specify an estimated shipping time, contact the seller. If the seller doesn’t give you a straight answer, you’d be wise to bid elsewhere.