Auction.com Review – Is Auction.com Legit or a Scam

 

 

Auction.com Review – Is Auction.com Legit or a Scam?  

 

I like websites that offer you a little bit of information about their site with their name. Auction.com moniker is a bit deceiving. There are tons of real life auction sites where you can bid on everything from soup to nuts but this is not one of them.  

 

This disappoints me right out from the gate.  I really expected to find a website where buying and selling was happening. Auction.com is not that site. Auction.com sells you lists of auctions in your area. While this is certainly not a bad thing, because if you’re someone looking a deal, a lot of times this is the way to go. 

 

The Auction.com review shows that this site focuses primarily on the real estate market. They ultimately are not the responsible party for the auctions even for the ones that are held online. If you're looking for a deal online, most reviewers have been using AuctionResource.org

 


Costs 

 

It is free to register but I could not find any other information about becoming a platinum member the site said I had to call to find out more information. I did find some money question answers on the FAQ page.  

 

It is free to register but it is not free to participate, you will have to pay for the premium membership costs and put a deposit on hold on your credit card. I could not find anything that gave me the cost of the deposit.  

 

 

Rules  

 

There are a lot of rules that come from this website one of which is sold as is where is. Once you win you can not decide to cancel it is not permitted and there are heavy fines that go along with not being able to close the deal so if you decide to use this site you should proceed with caution.  

 

 

Customer Reviews 

 

I also found the following at complaintsboard.com:  

 

“We are looking at a house in Jax FL and met with the agent today who was not helpful at all. She did make us aware that the online bid price was off by about one hundred thousand dollars, this was a huge disappointment! The information on this site is not accurate.”  

 

“I have been watching this site for over a year and have never seen any property meet the reserve….draw your own conclusions” 

 

Although this site has had some bad reviews, it is still a legit site and is not a scam. However most people seem to like using a service like AuctionResource.org better for finding deals online. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Auction.com Review – Is Auction.com a Scam?  

 

The Auction.com review shows that this site is advertised as the worlds largest real estate auction site. Quite the superlative for a website. I am not sure what it is that deems something the largest auction site online since there are so many online options out there but who am I to argue with a website that says they are the biggest and the best. 

 

The question really is are they the biggest and the best? That is debatable. This website offers quite a few opportunities to view properties that are being auctioned off. There are in fact quite a few auctions that are being held online. 

 

There are also some pitfalls with this site that other people have complained about: 

 

“We are looking at a house inJaxFLand met with the agent today who was not helpful at all. She did make us aware that the online bid price was off by about one hundred thousand dollars, this was a huge disappointment! The information on this site is not accurate.” complaintsboard.com. 

 

There were some other comments left behind as well that were not very favorable. 

 

Here is the Lowdown 

 

The Auction.com reviews show that registration is free! That is always a big seller for people, they love thinking that they are getting something for free. Nothing in life is free and neither is auction.com. I could not find what the ongoing membership cost was or even if there was ongoing membership costs. 

 

I did find however that you have to put up $1000 deposit if you want to bid which overall seems fair, if you are going to tie someones property up than you should have to prove that you are serious by placing a deposit. The deposit is completely refundable if you do not win any property. 

 

The Auction.com review shows that the site itself was very easy to navigate. The information that was presented was done so in easy to understand language. There is always room for improvement. The instant chat feature that is available is not really available. I have visited this site on several occasions and have found the same response each time “no ones available leave a message” this tells me that the chat feature, if it works happens to not work every time I visit. 

 

It does not cost anything to register, you could just register and take a look to see if there is any property that catches your eye. Be cautious though, property costs a lot of money that you do not want to lose out on. 

 

Overall, the auction.com review shows that this site is legit and is not a scam, however AuctionResource.org seems to be a more popular option for finding deals online.