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All About Busy Mama's Community Auction and Swap Meet
 
Here are some of the frequently asked questions that participants have asked about the auction.
If you have more questions do not hesitate to contact us.

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The Answers:  Swap Meet!!!!

What type of Auction is a Swap Meet?  A swap meet is like an auction only no money is exchanged.  This is a complete online barter system.  The submitter really wants to trade his/her treasure for someone else's.

Who decides who wins?  The decision is completely arbitrary.  The submitter can choose which ever offer he or she likes best or choose no winner.  At the Swap Meet the submitter is completely in control.

What happens at the end of the swap meet?  The submitter will declare a winner if their is one.  Then the submitter will mail their item to the winner while the winner mails their item to the submitter.  Each party is responsible for their own mailing expenses.  Both parties can decide other arrangements for swapping of the items.  It is all up to you at the Swap Meet.

Busy Mama does not participate in the actual trading transaction.  Busy Mama is just a listing service.  We are not responsible for any aspect of the trade or veracity of the information.  We will however ban posters who abuse the system.  Report Swapper Abuse.

 

The Answers:  Auction!!!!

What type of Auction is this?  This is a casual auction.  The submitters are trying to see if the items they are selling have value.  Often, they are in a situation in which they must liquidate and are trying to get the best offers for their items.

 

Are bidders obligated to buy when submitting a bid?  Yes.  However, we would hope that you would only bid on things that you want and that you have the funds to pay.  If you do not really want it, do not bid.  If you do not have the money do not bid.   Remember, the seller will get a chance to rank, the highest bidder.  Refusing to complete deals will get you ranked lower.

Are sellers bound to sell when posting an auction? Yes, if high bid is above the holdout amount.  Many of our sellers are trying to liquidate and cannot sell under certain amounts (hold out number).  In these cases, the seller does not have to sell the item.  Some find that the bids are just to low.  They too can refuse to sell.  However, sellers too will be ranked.  Refusing to sell can impair your rankings. 

We now have added the hold out feature.  If you use the holdout feature, you are obligated to sell to the highest bidder which exceeds this hidden amount.

How much does it cost to post an item?  It cost only $0.00 ( no money) to post an item to Busy Mama.  The posting allows for 1 picture maximum size 300 pixels x 225 pixels.  There is no extra charge for selling the item, holdouts (reserves), etc. 

How do you pay or get paid for an item?  Each seller handles the transaction via PayPal or however they choose to with the buyer.  We believe that sellers and buyers should use PayPal to protect each other from Fraud.  Busy Mama does not participate in the actual selling transaction.  Busy Mama is a listing service.  We will however ban posters who abuse the system.  Report Auction Abuse.

 

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