These days, online auctions are gaining popularity, and websites are springing up all over the place to take advantage. Unfortunately, not all of these sites follow through on their promises, with many employing deceptive and downright unscrupulous tactics to separate consumers from their cash. One site called Live Auctioneers claims to offer auction hunters access to remote sales; however, some online complaints point to a potential LiveAuctioneers scam.
What is it?
The site describes itself as a gateway connecting traditional auction houses with bidders who might normally be unable to participate in remote auctions. Through the site's platform, users are supposedly able to access hundreds of saleroom floors and auctions across the world. Unlike typical online auction sites, such as iOffer or eBid, auctions aren't held online but are supposedly broadcast through the site to allow users to make remote bids on art, jewelry and other types of merchandise.
Is there a Live Auctioneers Scam?
A quick Google search reveals several online reviews complaining about one or another LiveAuctioneers scam involving bait-and-switch tactics. There are also a decent number of former users complaining that they never received the items they purchased or refunds of their investments. That said, there isn't any real evidence to go alongside these claims and auction hunters are left to decide for themselves if they should give credence to such reviews.
What the BBB says about LiveAuctioneers
Although there's no way to know if some of the complaints regarding Live Auctioneers are legitimate, there is no doubt that the Better Business Bureau does not endorse the company. In its Business Review Reliability Report for Live Auctioneers, the BBB issued an 'F' rating, citing multiple complaints and the company's refusal to address such complaints as its primary reasons for the low grade.
What consumers should know
If this company actually follows through on its promise to provide consumers with consistent access to bargain merchandise; it certainly hasn't convinced the BBB. In the end, online auctions live in buyer-beware territory; and without much to go on, consumers should pay attention when the BBB gives a company its lowest available grade.