This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Move Over Craig's List, EBay And Storage Wars: Online Auctions Go Hyperlocal With MaxSold

WHITE PLAINS, N.Y., April 2, 2013 /PRNewswire/ -- For the past two years, thrifty Canadians have benefitted from a new paradigm in the online auction, ecommerce and reselling space: MaxSold  The hybrid service streamlines the process of personal downsizing, estate clearance and business liquidation. MaxSold's unique formula of expert on-site management for sellers and exciting live online auctions for buyers has proven a lucrative win-win solution for both stressed-out downsizers and thrifty treasure-seekers.

MaxSold debuts in the USA on April 15, 2013, with pre-bidding on its first U.S. auction:  Servicing the New York-Tristate and Washington DC Metro, MaxSold plans to go nationwide by 2014.

MaxSold is the brainchild of hall-of-fame auctioneer and estate sales guru Barry Gordon and tech-savvy Fortune 100 change-agent Sushee Perumal.  Gordon sought a new solution to the traditional estate sale and downsizing dilemma.

Gordon says, "The hyperlocal approach of bidding online for goods close to home allows buyers to bid for local goods, attend an optional viewing day onsite and pick up the goods soon after the auction closes. For the seller, it provides the expertise of an auction team and preparation of a digital catalog. What's more, with the adrenalin rush of a live auction, sellers can expect higher returns than tag sales, while eliminating the monitoring and shipping headaches of EBay, and the time and safety concerns of selling on Craig's list."

The commission-based sellers' service boasts a 98% sell-through average with additional savings of thousands more in packing, moving, third party removal of unwanted and bulky items, onsite auction staging and more.   A case study infographic of a recent estate sale illustrates the value to the seller and the bidding traffic generated online:

"The 110.5 billion E-Commerce and Online Auctions industry has grown strongly over the past five years, despite a recessionary dip, with a 7.7% expected revenue increase in 2013," says IBISWorld Senior Industry Analyst Nikoleta Panteva. "Consumers are looking for companies with a trustworthy reputation that offer a unique product or service. As baby boomers reach retirement age in record numbers and the housing market rebounds, sellers will have an increasing need for downsizing and estate clearance solutions."

Follow MaxSold on Facebook, Pinterest and Twitter.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Barry Gordon

Sushee Perumal 


Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs