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“Dollar Per Item” Internet Auction
Fed up with high fees on internet auction sites like eBay, Kevin Somers and Steve Schuchter started their own. TractorAuctions.com participants pay just $10 up front, which allows you to sell up to 10 items.
  “A lot of guys are trying to earn extra income with tractors and parts,” says Schuchter. “eBay charges a final value fee of 10 percent, and others also charge fees. We wanted to make it simple, easy and as cheap as possible without policing.”
  He notes that selling on other sites can also be more complicated. “On our site, auction credits don’t expire, and if an item doesn’t sell, or if there is a reserve on it and the bids don’t reach it, the item can be relisted once without cost,” explains Schuchter.
  He says the concept was well received when they shared it with exhibitors at tractor shows this past summer. “One guy got down on his knees and thanked me,” says Schuchter. “Now we are trying to spread the word.”
  TractorAuctions.com has more than 100 auctions up and running. Schuchter acknowledges that eBay has around 300,000 tractor-related items being auctioned off at any one time. “If we could get 10 percent of that, we’d be happy,” he says.
  Contact: FARM SHOW Followup, TractorAuctions.com, LLC, P.O. Box 104, Alexandria, Ky. 41001 (ph 859 592-1840; steve@tractorauctions.com; www.tractorauctions.com).

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2015 - Volume #39, Issue #1