Strike Early

This strategy is a great one for getting the BEST deals out there. It plays on the notion that jumping into an auction too early is a “waste.” It’s not. Here’s why: many bidders will pass on an auction while there is a lot of time left, because traditional thinking says you’re more likely to win when you bid near the end. But this is only one view. As everyone else thinks “oh it’s too early,” you place your bid and wait. The auction quietly ends, and you prove not only that it’s never too soon to bid, but you walk away with a STEAL because nobody else bothered to join! This strategy sees moderate to good success and results in great deals with practice.

Learn more about penny auction strategies or download our free guide