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Ghost of Sparta
Registered: 06/28/2009
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Re: Auction?

[ Edited ]
Dec 1, 2012

Sorry, the spirit of Milton from Office Space got the better of me., I agree however.....this entry tax is a horrible idea and is sure to cause much resentment and animosity.....don't make me create a thread about it Lockwood. No one wants that.

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Ghost of Sparta
Registered: 01/28/2012
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Re: Auction?

[ Edited ]
Dec 1, 2012

 



 

 

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Shinra Executive
Registered: 05/22/2009
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Re: Auction?

Dec 1, 2012

I'm curious. On Ebay if you lose the auction it doesn't cost you anything. With these auctions will the tokens bid be refunded other than the so called entry fee? Or will it cost those who enter both an entry fee and the loss of tokens if they don't win.

 

Seems to me the entry fee is more of a way to insure they make money on the item being offered up given I would hope the token bid won't be lost if you lose. 

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Fender Bender
Registered: 10/15/2009
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Re: Auction?

Dec 1, 2012
I'm assuming you only pay if you win, but the tax will be dedcuted from everyone that enters.
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Fender Bender
Registered: 10/23/2006
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Re: Auction?

Dec 1, 2012
Sounds like another home nickle and dime thing.
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Treasure Hunter
Registered: 02/12/2011
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Re: Auction?

Dec 1, 2012
:^/ Depending upon how many bidders there are, the entry fees could add up to more than the item itself goes for. Potential several times more. That may be the motive to charge such a thing.

Still, if it were practical, other auction venues would have done it for generations now, but the biggest ones do not. That's a good guide to follow....
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Hekseville Citizen
Registered: 03/04/2011
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Re: Auction?

Dec 1, 2012

Not as bad as Quibids. There you pay for each and every bid! You may wind up getting an item for half of its retail price, but adding in the cost of bidding can run you up past the retail value of the item.

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I Only Post Everything
Registered: 05/24/2010
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Re: Auction?

[ Edited ]
Dec 2, 2012

If they have a fee for the auction machine, I will not participate, not that I wanted to anyways, so I'll pass on it. It's a stupid idea but that's just me. Woman Indifferent

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Fender Bender
Registered: 01/21/2012
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Re: Auction?

Dec 2, 2012

I better not have to use tokens. If I do, talk about an auction. Thumbs down if we have to use tokens.

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Survivor
Registered: 09/08/2007
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Re: Auction?

[ Edited ]
Dec 2, 2012

Pretty sure it's going to be token based. It would save Lockwood a headache from having to deal with raw currency for this type of first on Home. Buy a token pack & pay whatever tax it costs with the purchase (where applicable), & bid with tokens. Win the bid & the tokens will be deducted from your account. But that's my guess. 

 

Edit: I seriously hope that the items auctioned off are well worth the tokens that is used to bid on. Don't want no lame t-shirts or some small furnishing that will end up never being used & stored away in your storage.



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