I dont know anyone who has won any of the free TV’s they advertise that they are giving away as of yet. NOT a single person has been put up as a winner that I am aware of.

But they have a great strategy, and there will allways be people with more money than common sense. Thats how capitalism works. I will continue using them, assuming of curse this post isnt being moderated by someone with a vested interest in them, in which case I wont be surprised if my account mysteriously gets closed after my post.

I am pretty sure this is why they wont let people get in the back to use the bathroom, even as a customer picking up goods. Because this is how they make money.

I have seen items that even they mark as valued for $300, bid up over $310.

The government needs to put in a regulatory oversight on e-commerce that requires the identification of whoever is buying and selling as this would eliminate a lot of this.

The other part of this is also the descriptions above of teh problems people encounter dealing with liquidation.com. These are all there because they know what they are doing is illegal. Not enough people trust them to use their site, so they resort to shill bidding.

They also consistently mislead people on their item description and then tack on heavy and unreasonable fees if you refuse to pay after rejecting an item that clearly doesnt meet the description they gave.

Sometimes they have great items. I bought a new watch from them and sold it on ebay for 50% profit, but everything else they seem to sell is crap, which is why they mix junk with good items. I have even spoken to one of their warehouse managers who acknowledged that somewhere in the range of 60-70 of the shelf pulls and used items are junks, and around 20-25% of the “new” items are actually returns that have been resealed by them to present for sale.

On teh flip side, I sorta dont want them to get caught cause on occassion you get realy good deals. But lets be clear, “ALL” their sealed bid auctions are practically the only ones devoid of shill bis as they will only pick the highest bidder and its at their discretion. If you are the highest bidder and they dont wish to sell, they wont. But you wont ever know as they wont ever tell you.

If you are looking for a new place to try sell, please try list99.com. My friend started it and needs new members to combat the ever increasing cost of selling on ebay.

Thats my two cents. I hope the new year brings you all better luck in business.

For anyone looking for a new supplier, please take a look at my reviews of Salehoo.com. They aren’t a supplier themselves, but are instead a directory full of wholesale suppliers. You should be able to find someone that’s better to work with than Liquidation.com.

Best of luck to you.

1) Read EVERYTHING and understand your contractual liability
2) Don’t expect them to offer much – they are only a web-portal interface for vendors and warehouses – basically, they make their fees on providing a means to list
3) Know your sellers – this is difficult, since you’ll have to commit $$$ to find out, but some sellers have more accurate descriptions and sources than others – Liquidation.com could easily fix all of this by adding a rating system – I’ve limited to only buying from 2-4 sellers
4) Know your margins and resale – much of what is listed on liquidation .com is over-valued, and over-bid to irrationally high amounts (read: shill bidders), don’t participate in last minute bidding frenzies

In short, it’s HIGHLY unlikely you could use it as a sole-source, and given the complaints about their business practices, and what I see happening there daily, I expect they’ll wind up with a class-action lawsuit and/or serious federal investigation.

In the meantime, they will profit from newbies.

Again, I’d love to hear someone with a success story about Liquidation.com. However, it would have to be quite the success to balance out all of the negative reviews in the comments so far.