This is a review of Shorewood Liquidators, also known as sliBuy.com, of Shorewood, IL…read more
sliBuy Auctions, also known as Shorewood Liquidators, is that rare company that tells you in plain and easy to understand language just how they make money.
1) THEY CREATE FAKE BIDDERS TO BID AGAINST YOU:
Go to sliBuy.com, then go to the section marked "Terms & Conditions". Read the paragraph clearly titled "Seller Bidding". It tells you, IN PLAIN ENGLISH, that they bid against you. Yes, they actually have their computer program create fake bidder names, and this computer program then makes you bid up to your maximum pre-determined bid (they know it because you were dumb enough to enter the maximum you were willing to pay). If you did not enter your maximum bid and decide to "snipe" bid in real time as the auction draws to a close, their software determines how many times your internet IP address logged on and looked at that item- and the computer program does the rest. If you don't bid enough money, the computer program's fake bidder "wins" the item and it will be relisted next week under a new "auction ID number".
Did you understand that? This is not a true auction site. There is a saying in poker that when you sit down at the table and can't spot the sucker, then YOU are the sucker.
2) THE LABELS "NEW/OTHER", "USED", "SHELF PULL", and "UN-INSPECTED ITEM" MEAN NOTHING:
Go to sliBuy.com and then to "Terms & Conditions". Go to the paragraph clearly marked "Terms". They are telling you that "new" doesn't mean anything. An employee earning $12 an hour and at a very fast pace has to label things and photograph the outside of the box. What they call a "new" professional paint sprayer model XYZ sold at Home Depot could very well mean "Model ABC used for two years by a paint company, no longer working, and important parts removed so that it will never work again".
In a court of law, a "reasonable" person could understand and define what "new" or "used" means. Here, they tell you- IN PLAIN ENGLISH, that this means nothing.
So that is what sliBuy tells you, if you bothered to read the easy to understand large print from their website.
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Now this is what I tell you....I met many people who buy from sliBuy each week, and then re-sell the items on Craigslist, eBay, OfferUp, flea markets, and even (in the case of fake Pampers diapers returned by Amazon customers) to inner city "mom and pop" corner stores. I know one lady who buys about 100-200 boxes of diapers from sliBuy each week! She re-sells them to the inner city corner stores where customers are not the type to write letters to the manufacturer complaining about the degrading quality of the product.
Another gent I met is "Hank". He makes a living buying whatever is "hot" at the moment, such as juicers for people wanting to lose weight gained during the Covid-19 pandemic. He brings an electrical cord and drives down the building to an outdoor electrical outlet, plugs in each of the electrical items he just "won", and tests them. If any are inoperable, he returns right away for store credit. Since he is a "regular" there, he has no trouble and is helped by staff.
And that is why I give it 5 stars. For people who actually read the easy to understand "Terms & Conditions", and for "regular" customers, it is a way to make a living.
If you are too lazy and dumb to spend 20 seconds reading their "Terms & Conditions", you will lose.
