
Auction it TODAY is basically a company that will take care of selling your stuff on eBay. A Kuwait branch was announced awhile back but they just very recently opened up shop. I called them up to get an idea of how their service works and this is what I found out. Just a note, I am not 100% positive about the information below because the person I spoke to wasn’t very clear over the phone. But this basically what I understood from him.
1) You bring your item to them
2) If you don’t have an idea how much your item is worth they will research and find out how much its worth on the market
3) They will take a picture of your item, post it on eBay and take care of shipping the item to the buyer and everything else
4) In return they take a commission fee. If your item sells for under $500, they take 38% commission. If your item sells for more then $500 they take a 30% commission. The commission fee is negotiable if you have a lot of items.
5) If you list your item without a reserve and no one buys it. You pay them only KD2. If you list and item with a reserve price and no one buys it, you pay them KD7.
Auction it TODAY is located in the Free Trade Zone near Movenpick , Building D-14. You can call them on 4613325.
I personally think its a cool service but the commission rate is just absurdly high. Is this normal? I have never used a service like this before so 30% could be the standard rate and I wouldn’t know.