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Two Cool Auction House Innovations

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Post by jbonie Thu Oct 20, 2011 1:10 am

Board,

Just to mention a couple of new innovations from auction houses that I think are cool:

Heritage now has it so that if you sort through the past auction results, you can make a private offer to whoever bought the item. Then, if the offer is accepted, the deal is brokered through Heritage, whom I believe takes a 10% cut. This is a really cool feature if you have ever had the experience of seeing something you really want that was already sold and felt like there was no way to ever get it.

Also, Mile High is coming up with a new program where repeated consigners get points they can accumulate that end in certain rewards. I like this idea, too, certainly it has been successful in retaining customers in other businesses (I reflect on my own account on soccer.com). It seems promising for them as a way of getting more consignments.

Just thought I'd share on the new innovations I've seen recently.
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Post by cccc Thu Oct 20, 2011 2:35 am

i like that heritage feature...might check out a couple things. they have a really deep past catalog so i always go there to check out items anyways.
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Post by terjung Thu Oct 20, 2011 4:21 am

I got an email about that HA feature, but it looked like it was only set up for coins from what I saw. That said, I'm sure they'll soon open it up to card too (if they haven't already).
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Post by jbonie Thu Oct 20, 2011 5:31 am

It's working for me on the card I purchased there.
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Post by cccc Sun Oct 23, 2011 10:02 pm

i went to test out the make an offer feature. first not all of the cards have this, second when you go to make an offer there's a minimum amount that you have to enter. this leads me to believe the winner of these lots can make their item(s) available and set the price they're willing to accept?
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