Renovator Auctions is not as good as what you may think - as far as savings compared to paying retail on stocked items it just depends on what you are buying. If you are looking for a specific colour of paint that they just happen to have up for auction then the savings can be quite good ( about 50%) - I cant see the point in bidding for items unless you can get them for about 50% less than retail and as far as hardware & building materials that are available the savings is nowhere near as good as what people should be aiming for ( I think a lot of people bid without having a real knowledge of actual retail or wholesale pricing) - EG - I can buy dynabolts 12 x 75mm - 25 pieces per box for $28 retail online ( free delivery) - I have never been succesful in my bids for the exact same item at Renovator Auction when sticking to my aim of savings of 50% - I have bid $13 per item ( box 25) which totals $14.95 with the 15% buyers premium and never been succesful - unless you are prepared to bid a price which will take you near retail for these type of items you dont usually win the bidding - In my mind, its not worth the effort to save maybe a dollar or two on items you can purchase for not much more retail taking into account the travel there and back just to pick up the items.
ALSO..........I mistakenly put in some erroneous bids one time when bidding on some hardware such as decking screws and won the items with my bids but the total cost with the 15% buyers premium totalled more than the cost of the same items retail ...........WHEN I CORRECTED MY ERROR WITH THE STAFF AND TOLD THEM THAT MY BIDS WERE MEANT FOR SEVERAL UNITS AND MY BID WAS THE TOTAL FOR ALL THE UNITS AND NOT JUST ONE UNIT I WAS TOLD THAT I PROBABLY WOULD NEVER BE SUCCESFUL WITH THAT TYPE OF BID ???!!! - MADE ME WONDER ABOUT WHETHER OR NOT THERE REALLY IS A RESERVE ON THE ITEMS YOU BID FOR??
LIKE EVERYTHING IN LIFE FOLKS ITS A MATTER OF BUYER BEWARE - Cheers & good luck but dont let the emotion of bidding and winning get the better of you. read more
