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preloader
2015-07-11
1/5
"My number one complaint is the new auction format they are now using. The original auction format was bidding one auction only. They now have it as multiply auction format. What that means is not only are you bidding on one item you may want, but that auction is connected to 5 other auctions so when you bid on the auction you want that bid is also automatically added on the other 5 auctions and visa versa, so you are really bidding against not only the auction you want but the 5 other auctions. This drives up the price for each auction to the highest of the 6 auctions, not only increasing there profits, as all the auctions cost everyone there bids and in many cases causing the auction you want to win to be pushed to a price higher than it probably would have been as a single auction format. Once someone wins one auction they also win the other 5 and now have a choice on which one they want to buy. Once they by one the 6 auctions the other 5 are left unclaimed and go back into the auction pool for another round of bidding. What a gimmick. Also after careful checking of the retails prices quibids list for there auction items I found 90% of them to be inflated by 20% and as much as 100% giving the buyer a false sense of the deals they are getting."

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