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Old 05-04-2009, 04:37 PM
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Join Date: Mar 2009
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Default research on quite a few reverse auctions sites?

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Originally Posted by Micheal D View Post
I have done some research on quite a few reverse auctions sites and the ones who charge a fee are doing so as not to be inundated with Estate Agents. As for the fee it seems that under British Law as long as someone issues you with a written guarentee for a service and you have proof of payment ie. receipt then the company has to comply with the terms of agreement. My advice to anyone using any of these companies is to ensure they supply you with everything in writting such as reserve price, lenght of contract and money back guarentee prior to entering into contracts or payment of monies
Hi Michael,


Can you list any other companies I can talk to? I only know of two.
  1. Humraz require an agreement with the seller (first thing I asked) even though their service is free, but they get a lot of enquiries and can't take my property
  2. Pheonix/Tekram looked dodgy - didn't bother contacting them
Do you know of anyone else I can contact?
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