Starting November 1st, Auction Arms will now charge a nominal listing fee for Reserve Auctions. Given that the vast majority of Reserve Auctions listed at Auction Arms do not sell, we are attempting to cut down on auctions where the seller doesn't list a realistic reserve price, by requiring a listing fee of $0.50 for every Reserve Auction listed, regardless of the reserve. If the auction sells, the listing fee will not be charged at the close of the auction. This is not an uncommon practice among online auction houses, and we're hopeful that it will substantially improve the quality of Reserve Auctions at Auction Arms.
Also, starting November 1st, we will charge a volume fee of $0.25 for every auction created above a 200 auction limit. This volume fee only applies to NON-Firearms related categories, and to auctions being run concurrently. In other words, if you list more than 200 auctions at once, in a category other than a gun category, you're going to be paying a non-refundable listing fee of $0.25 - on top of any other fees you might accrue. We are doing this in an attempt to cut down on the number of items that get listed, but don't sell because the seller is essentially SPAMMING up the site. Any sellers who feel they have a successful track record of selling in NON-Firearms related categories while listing more than 200 auctions at once are encouraged to contact Bob Lancaster at Bob@AuctionArms.com for a waiver.
These are small changes that will not directly affect the vast majority of sellers at Auction Arms, but will hopefully improve the quality of sales for all users - which is something we can all appreciate. Thanks!
-manny
