COVID-19 Update from DownsizeSale

For the safety of the public and our employees, we are taking the following safety precautions: ....LINK
Due to COVID-19, DownsizeSale may cancel or postpone any ongoing auction at any time. MORE DETAILS, CHECK LINK HERE....


Help

F. A. Q

Q:  Are you a scam site? Why is every item priced at $1? This seems fake.
A: We are NOT a scam site. Our legal company name is DownsizeSale Auctioneers Inc, a licensed bonded and insured Estate Liquidator and Auction Company in Saskatchewan. Our licence number is 507581. We are also a member of Sask Auctioneers Association. Our office address is 202-3988 Albert St Regina, SK (Gold Square).

Q: Why do you price everything $1?
As an auction company, and our business model is to sell everything by auction with no reserve price, no bottom price at all. A buyer could get a beautiful vase for $1, that is true, and it happens all the time. We start everything at $1 to make sure every items sells for our clients so they can move all of their items. You are assured to get a very good deal because we are still very new and most people don’t know about us yet! Please share our auction page with your friends who would want to get good deals also.

Q:  Your site requires my credit card info when I submit my first bid. How do I know it is safe?
A:  In order to protect the integrity of the online bidding process, we only accept bids by those bidders who have a valid credit card on file.  Verification of the credit card is also a process of validating the bidder’s identity, so that every seller knows they have bids from a real human and not a computer, and every bidder knows they are bidding against a human. We understand that some of you may be hesitant to provide this type of information. In fact, DownsizeSale does NOT store credit card info on our system. We use stripe.com, one of the largest online payment processor, and they handle the storage and payments directly upon auction closing. Not like other online auction auction companies in Regina, no credit card data is stored on DownsizeSale's web server, instead the customer billing data is sent to Stripe and stored with them, and a token is returned and stored in DownsizeSale's web server. This token will be sent to Stripe when buyer makes online payment next time without providing credit car info again.

Q: Do you use shill bidders to increase the price or do you have to pay for every bid?
A: No! We are not a “penny auction” or “bidding fee auction” site. There is no cost to bid, and we do not use fake/shill bidders to increase the pricing. You can use the proxy bid feature if you are unavailable to bid at the time of auction closing, you can set your max bid to $100, and if the other bidders only go up to $40, you would win the item for $41. If someone bids higher than $100, then you would lose the auction.

 

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