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How to make an online auction? Is it possible to organize an event such as an auction privately? Can I do it online so as not to incur costs? How does it work to register an auction and make it legal? Can anyone do it or is it necessary to have a CNPJ, authenticity seal or something like that?
Auctions were, are and will continue to be one of the best opportunities to buy a product at a more affordable price. Through these events, it is possible to save a good amount of money, and it is not necessarily spent on a low quality product, on the contrary.
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Many of these products are of quality, as is the case with cars pawned by finance companies, due to lack of payment by the financing contractor. They are good products, as long as you know which auction to buy them at, after all, a Federal Highway Police auction, for example, may contain crashed cars or cars full of fines.
In today's content, we will explain to you whether it is possible, and of course, explain how to make an online auction. So, if you want to know more about the subject, follow us to the end of the content for more details. Come on, read with us!
Can anyone hold an online auction?
But after all, anyone can organize a auction? Or not? According to Brazilian Law, the only ones that can hold auctions within the Law are companies regulated by the courts to hold this type of event. Therefore, it is not possible for anyone to hold a vehicle auction, for example.
It is a way of ensuring that the company is of quality, respected and that it will not scam participants, especially when we are talking about an online auction. Have you ever thought if everything was released? Most likely, several people would fall for scams, place bids, pay for goods such as vehicles and properties, but would never have them.
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If even with absurd regulations these scams already happen frequently, imagine without it. Several people fall for scams on the web every day, whether through WhatsApp, Facebook or any other platform, especially elderly people. Therefore, it is essential to know how to protect yourself.
Hold fictitious auctions for cheap products
But, nothing stops you from holding events called auctions, but for small products. It's the same thing that happens when large travel pages on Instagram hold travel draws for paradisiacal locations, in exchange for payment of raffle tickets, and don't even register the “sweepstakes” at Caixa Econômica Federal.
Our recommendation is that you hold these events with low-value products, such as clothes, household appliances or others that don't attract as much attention. Forget about holding online vehicle or property auctions, it's really against the law and you might get upset if you go ahead with the idea.
In all cases, since there is no way to hold an online auction, but you want to get rid of a vehicle, property, jewelry or any other goods, try selling them on the internet, whether on Facebook, Mercado Livre, etc.
How much does the proceeds from an auction cost?
But, what can I charge for the value of a product in a fictitious auction? Well, that depends a lot. It largely depends on the product you are selling, after all, you will never have a fixed price for all the pieces of clothing, for example, that you have in stock and are looking to auction.
Regardless of the situation, it is possible to use the 40% rule. It's not really a rule, but a standard consensus that usually happens in official auctions. This “rule” estimates that a product will be sold for between 40-60% of the actual value of the product. So, if a piece of clothing costs an average of 100 reais, it will be sold for between 40 and 60 reais.
It's a good way to get an idea of how much you can make, once you figure it out. how to make an online auction. Generally, above these values, people stop bidding because they feel that they are already spending too much for an item that is generally already used, has problems or something similar, like the example of fines on auction cars.
This was our guide where we clarified that it is not possible to know how to hold an online auction, as only authorized companies can act in this way. We hope we have answered all your doubts. If you still have any questions, comment below and we will respond as soon as possible. To the next!
