Move over Craig's List, EBay and Storage Wars: Online Auctions go Hyperlocal with MaxSold

Live Online Auctions Coupled with Hands-on Help from Experts is Superior Alternative for Personal Estate and Business Liquidation

Apr 02, 2013, 08:45 ET from MaxSold

WHITE PLAINS, N.Y., April 2, 2013 /PRNewswire/ -- For the past two years, thrifty Canadians have benefitted from a new paradigm in the online auction, ecommerce and reselling space: MaxSold  The hybrid service streamlines the process of personal downsizing, estate clearance and business liquidation. MaxSold's unique formula of expert on-site management for sellers and exciting live online auctions for buyers has proven a lucrative win-win solution for both stressed-out downsizers and thrifty treasure-seekers.

MaxSold debuts in the USA on April 15, 2013, with pre-bidding on its first U.S. auction:  Servicing the New York-Tristate and Washington DC Metro, MaxSold plans to go nationwide by 2014.

MaxSold is the brainchild of hall-of-fame auctioneer and estate sales guru Barry Gordon and tech-savvy Fortune 100 change-agent Sushee Perumal.  Gordon sought a new solution to the traditional estate sale and downsizing dilemma.

Gordon says, "The hyperlocal approach of bidding online for goods close to home allows buyers to bid for local goods, attend an optional viewing day onsite and pick up the goods soon after the auction closes. For the seller, it provides the expertise of an auction team and preparation of a digital catalog. What's more, with the adrenalin rush of a live auction, sellers can expect higher returns than tag sales, while eliminating the monitoring and shipping headaches of EBay, and the time and safety concerns of selling on Craig's list."

The commission-based sellers' service boasts a 98% sell-through average with additional savings of thousands more in packing, moving, third party removal of unwanted and bulky items, onsite auction staging and more.   A case study infographic of a recent estate sale illustrates the value to the seller and the bidding traffic generated online:

"The 110.5 billion E-Commerce and Online Auctions industry has grown strongly over the past five years, despite a recessionary dip, with a 7.7% expected revenue increase in 2013," says IBISWorld Senior Industry Analyst Nikoleta Panteva. "Consumers are looking for companies with a trustworthy reputation that offer a unique product or service. As baby boomers reach retirement age in record numbers and the housing market rebounds, sellers will have an increasing need for downsizing and estate clearance solutions."

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Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
Barry Gordon

Sushee Perumal