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Internet Auctions
A Guide for Buyers and Sellers

February 2000

Whether you're looking for a collectible or thinking about selling that treasure you discovered in the attic, an Internet auction may be just the thing for you.

Since their first appearance in 1995, Internet auctions have become one of the hottest phenomena of the web. They offer buyers a "virtual flea market" with an endless range of merchandise from around the world — and they give sellers a "storefront" from which to market everything from sports memorabilia to computer systems to millions of international buyers.

Whether you're a buyer or a seller, there's a smart way to "do" Internet auctions. Here's how to make sure you get the most from your auction action.

Table of Contents
________________________

How Auctions Work

Kinds of Auctions

Payment Options

If you're a buyer...

Consumer Concerns

Know the Seller

Know the Product

Know the Auction Site

Bidding

Wrapping up the Deal

Where to Turn for Help

If you're a seller...

Tips for Sellers

Your Legal Obligations

Advertising Options

The Art of the Deal

Who Can Help?

 

Source: Federal Trade Commission

 

 

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