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Liquidation Reviews

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5 Reviews
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About Liquidation

Liquidation.com is a leading platform for acquiring surplus assets in bulk lots. It offers a place where professionals can buy and sell commercial surplus inventory and government surplus assets in an online environment. Bulk lots are sold by the truckload, pallet, or small package, and conditions range from new in a box to customer returns. The platform hosts a variety of product categories to browse through and new items are listed every day. It offers services like wholesale lots and surplus auctions online. Users can bid on wholesale lots in online auctions and find major brands from a trusted BBB A+ rated source. It also provides value-added services to its users. The platform is recognized for its innovation solutions and has won the 2023 RLA Excellence Awards. It is a straightforward, efficient experience that works to meet business needs. It is also a source for businesses to unload their excess inventory, connecting them with buyers, whether wholesalers, retailers, or consumers, ensuring that excess stock is quickly and effectively sold off. This helps businesses recover some of their investment and make room for new products.

Liquidation Pros & Cons

Pros of Liquidation.com:

  1. Efficient Sales Process: Auctions on Liquidation.com allow for efficient sales by having multiple buyers bid against each other, potentially leading to higher sale prices.
  2. Variety of Products: The platform offers a wide range of products from various categories, including brand-named clothing, popular electronic items, and trendy items.
  3. Financial Relief: It provides immediate financial relief by converting assets into cash, which can be beneficial for businesses looking to liquidate their surplus inventory.
  4. Potential for Significant Discounts: Buyers have the opportunity to purchase items at a fraction of their retail price, offering significant savings.

Cons of Liquidation.com:

  1. Quality of Inventory: Items sold on the platform are often surplus inventory or returned merchandise, which may not always be in the best condition.
  2. Accuracy of Product Descriptions: There have been complaints about the accuracy of product descriptions, with some users receiving items that did not match the description provided on the site.
  3. High Shipping Costs: Some users have reported high shipping costs that were not clearly disclosed at the time of bidding, adding to the overall cost.
  4. Customer Service Issues: There have been complaints about difficulty in reaching customer service for issues related to orders, and some users have reported being charged a $200 fee for account reactivation if payments are not made promptly.
  5. Unpredictable Auction Outcomes: The outcome of auctions can be unpredictable, which may not be ideal for buyers who prefer more certainty in their purchases.

Overall Rating: Liquidation.com has a mixed reputation, with some users reporting positive experiences and others expressing significant dissatisfaction. The platform's rating on Sitejabber is 1.3 stars from 239 reviews, indicating general dissatisfaction among customers.

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Liquidation Customer Reviews (5)

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Dennis Vogler
Dennis Vogler
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Feb 15, 2023
Gergely Lackó
Gergely Lackó
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Feb 13, 2023
Sara Berg
Sara Berg
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Feb 11, 2023
John Watts
John Watts
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Feb 10, 2023
Vernon Michel
Vernon Michel
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Feb 8, 2023

Liquidation Customer’s Q&A

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Liquidation Features and Benefits

Here are some key features and benefits of liquidation.com:

Key Features:

  • Online platform: It's an online marketplace where businesses can sell their surplus assets.
  • Variety of products: The platform offers a wide range of products from various categories.
  • Auction format: Most of the items are sold through an auction format, allowing buyers to bid on items.

Benefits:

  • Financial relief: It provides immediate financial relief by converting assets into cash.
  • Debt resolution: If a business is unable to repay its debts, the pending debts get written off.
  • Fair distribution of assets: The platform ensures a fair distribution of assets among stakeholders.
  • Access to high-quality products: Despite common misconceptions, many items sold on liquidation.com are in new or like-new condition.
  • Potential for significant discounts: Buyers have the opportunity to purchase items at a fraction of their retail price.

These features and benefits make liquidation.com a valuable resource for businesses looking to liquidate assets or buyers seeking discounted items.

Liquidation Pricing

Liquidation.com Pricing:

  • Auction Prices: The final auction price, which can vary depending on the item and the seller.
  • Buyer’s Premium: Typically ranges between 5-10% of the bid value, though it can differ by seller and within their listings.
  • Fees:
    • Consumer Electronics: 10% of the sale price or $30, whichever is greater.
    • All Other Categories: 15% of the sale price or $30, whichever is greater.
  • Shipping and Taxes: Applicable shipping fees and taxes are also included in the final cost.

For a detailed breakdown, it is recommended to check the specific listings and terms of each auction on Liquidation.com.

About Liquidation.com Payment Method?

"Liquidation.com" offers several payment methods. Credit Cards (Visa, MasterCard, Discover or American Express) can be used by U.S. and Canadian buyers for transactions up to $5,000. However, first-time buyers may not use a credit card to purchase used or salvage assets until after they have completed their first transaction. PayPal is another option for U.S. and Canadian buyers for transactions up to $5,000USD or CAD. Payments via PayPal must be made in U.S. dollars for U.S. buyers, and in CAD for Canadian buyers. Payments via PayPal can only be accepted by initiating payment from the Liquidation.com website. Lastly, Wire Transfer is an electronic payment service transferring funds by wire from one bank account to another over the Federal Reserve Wire Network. Once your auction has closed and you are the confirmed winner, you will receive an email with all the relevant wire transfer account information for your transaction. Most US Domestic wires if received by 2pm ET on the same business day are applied. Typically, International Wire transfers are applied within 3 business days. Make all transfers prior to 2pm for processing to occur the same business day. Once the bank has processed your payment and your order is ready to ship, you’ll be notified via email. Transactions over $5,000 or addresses outside of the United States will require a wire transfer. All other transactions can be paid for by credit card or PayPal.

Liquidation FAQs

FAQ

Liquidation Alternatives

Here are the top 10 alternatives to liquidation.com:

  1. govdeals.com: An online marketplace providing services to government, educational, and related entities for the sale of surplus assets to the public.
  2. bstock.com: A platform to buy and sell liquidation inventory. B-stock has liquidation solutions for both small and large businesses.
  3. directliquidation.com: A B2B liquidation marketplace for manifested wholesale lots of surplus merchandise sold in online auctions.
  4. quicklotz.com: Known for its innovative reverse logistics solutions.
  5. bid4assets.com: An online platform for buying and selling value-priced real estate, foreclosed houses, county tax sale property, and government seized assets.
  6. ebay.com: A well-known online auction and shopping website.
  7. bonanza.com: An online marketplace that empowers entrepreneurs to build a sustainable business.
  8. afternic.com: A domain marketplace providing premium domains.
  9. ioffer.com: An online marketplace where you can buy and sell practically anything.
  10. copart.com: An online auto auction platform.

These platforms offer similar services to liquidation.com and could be great alternatives depending on specific needs.

FAQ

Liquidation.com Return Policy?

Liquidation.com has a specific policy for returns. Assets sold to a customer, who then either physically brought the item back to a store or mailed it to a specified location. The majority of returns, however, do have some operational and/or cosmetic problems. Depending on a company's return policy, these items may also reflect a measurable amount of use. In addition, since most of these items are sent through a reverse supply chain (e.g. from a customer back to a store or a centralized warehouse), they can show signs of further handling.

As for the shipping policy, every auction on Liquidation.com can generate an estimated shipping quote. To get one, go to the auction you’d like to get a quote for and scroll down until you see the section for ‘Shipping Details’. Provided the shipping terms are either ‘Liquidation.com arranges shipping’ or ‘Buyer may arrange shipping’, select ‘Get a Quote’. Duties and taxes are the sole responsibility of the buyer and are not included in this shipping quote. In addition, other fees may apply depending on the lot; please read the full details of your shipping quote for all important information. Depending on the auction, you’ll either be able to arrange your own shipping, have Liquidation.com ship on your behalf or pick up your lot from a Liquidation.com warehouse. If arranging your own shipping, you must read and agree to the terms and conditions on the next prompt. They can ship to any address in the continental United States for US-based inventory and any address in Canada for Canada-based inventory. They do not ship internationally. If you require international shipping arrangements, contact their customer service to receive a customs broker contact who can assist you.

FAQ

About Liquidation.com Popular Products and Services?

Liquidation.com is a popular platform for wholesale lots and surplus auctions. It offers a wide range of products from major brands. The platform is known for its featured auctions, daily deals, new arrivals, and hot auctions. It also provides options for fixed price & sealed bid. The platform is trusted and has an A+ rating from BBB.

The platform offers a variety of products including brand-named clothing, popular electronic items, and trendy items. It supports businesses by providing a wide range of products needed for their operations. The platform also handles surplus aggregation, property surplus, government surplus, retail surplus, and machinery surplus.

Liquidation.com has hundreds of listings in every popular category such as clothing, electronics, homeware, furniture, and tools. Goods can be purchased in small packs, large pallets, or even truckloads. The platform also auctions off items that are returned by customers and can't be resold in stores due to damaged packaging or other issues. Bidders should be aware that product conditions can vary.

Liquidation.com is part of Liquidity Services, which sells returned items on a variety of marketplaces. There’s Liquidation.com where pallets of returns and some individual items are auctioned off to the highest bidder. It also operates Secondipity for direct sale of individual items, and GovDeals for some especially unusual items.

Please note that all items are sold as-is and claims for damaged merchandise are not accepted. Most listings only include a stock image and not photos of the actual items. While you might not be able to open your own franchise, you can sell merchandise at your store or online. At the official marketplace, bid on truckloads and less-than truckloads of assorted items. Products available include store returns, online returns, and salvage.

In conclusion, Liquidation.com is a comprehensive platform for businesses and individuals looking for a wide range of products at wholesale prices. It offers a variety of services and features to help users find the products they need. It's a trusted platform with a good reputation in the industry. It's a great resource for anyone looking to buy in bulk and save money.

FAQ

What are some popular auctions on Liquidation.com?

Liquidation.com offers a wide range of auctions. Some of the popular ones include brand-named clothing, popular electronic items, and trendy items. There are also new arrivals, hot auctions, and fixed price & sealed bid auctions. Some specific auctions include 3744 new Pendent Fixtures, a 200 pc coin collection, 2094 Assorted Design Stylish Wholesale Rings, 100X Natural Gemstone Spiritual Healing Bracelets, 20 Sets of New Smartwatches T800 Ultra Heart Rate 2in Screen, a Collection of Very Rare 5 Thomas Kinkade Lithographs, 144 New Men's Underwear, and 325pc -Replacement Watch Band For All Apple Watch Series 7 6 5 4. These auctions offer a variety of products, from fashion accessories to electronics, making it a popular platform for buyers and sellers.

FAQ

How can I register as a buyer or seller on Liquidation.com?

To register as a buyer on Liquidation.com, navigate to the website and look for the sign-up option. Provide the required information, including your name, email address, phone number, and desired password. Review the Privacy Policy and Terms of Service, check the corresponding box to indicate your agreement, and click "REGISTER" to complete the registration process.

For sellers, the process is similar. Navigate to the website and look for the sign-up option. After providing the necessary information and agreeing to the terms and conditions, you can start submitting assets for sale. Please note that you may need to provide additional documents for verification. For instance, US sellers may need to fax their US government or US state-issued ID to validate their status.

Remember, before starting a liquidation business, it's important to register your business and obtain a resale certificate. This certificate exempts you from paying taxes when you purchase goods to resell. Hope this helps! Feel free to ask if you have more questions.

FAQ

About Liquidation.com Prices and Cost?

Liquidation.com is an online platform where you can bid on wholesale lots in auctions. The cost associated with using this platform is not just the bid price, but a combination of several factors.

The Buyer's Premium is a standard auctioneering fee that helps cover the costs associated with sourcing products, marketing auctions, running the marketplace, and managing services such as payment collection, fulfillment, testing, shipping, and inspection. The premium on Liquidation.com ranges between 5-10% and can differ by seller as well as within the seller's listings. As your bid value increases, this premium will also increase so it's definitely one that needs to be factored before submitting any bid.

Shipping Costs are another factor to consider. Depending on the auction, you may have a few options when it comes to this added cost. While this cost is irrelevant if you're fortunate to pick it up, those who need the merchandise shipped will need to heavily weigh these costs into the other expenses. Liquidation.com does offer shipping consolidation when purchasing multiple lots from the same warehouse, but auctions need to be won close together in order to consolidate.

The Bid Price is the one price completely controlled by you – the bidder. Knowing the potential shipping costs and the buyer's premium, your bid price should still give you wiggle room to increase should you get outbid, but not too much where you avoid making a profit when reselling.

These costs are your upfront expenses; however, your time is also an expense. If you have employees, their time is also an expense especially if they are sorting the inventory as it arrives and getting it prepared for listing. Identify your hourly costs and projected time it'll take to sort and factor it into your fees. The more you can estimate, the better idea you'll have on profits – thus growing your business.

FAQ

How do I register on Liquidation.com?

To register on Liquidation.com, follow these steps:

  1. Visit the Liquidation.com website.
  2. Look for the registration option on the website.
  3. Provide the required information, which may include your name, email address, and desired password.
  4. For business accounts, you may also need to enter your company name and location.
  5. If you are a US buyer, you may need to validate your identity by faxing your US government or US state-issued ID to a specified fax number, or by sending a photo or scanned copy via email. If you are an international buyer, you may need to re-register as such.

Please note that this is a general guide and the exact process may vary. It's recommended to check the official website or contact their support for the most accurate information. If you have questions about the registration or verification process, you can contact them by phone or email. Their contact details should be available on their website. Remember, it's important to ensure that all the information you provide during registration is accurate and up-to-date. Happy shopping!

FAQ

What kind of products can I find on Liquidation.com?

Liquidation.com offers a wide range of products across various categories. These include Appliances, Clothing & Accessories, Computers & Networking, Consumer Electronics, Furniture, General Merchandise, Health & Beauty, Home Improvement, Housewares, Jewelry & Watches, Store Fixtures & Equipment, and Tools & Machinery. Each category has subcategories. For example, the Computers & Networking category includes components, peripherals & accessories, desktops, laptops, memory / RAM, monitors & projectors, networking, other computing & mixed lots, printers, scanners & copiers, iPads, tablets & eReaders. The platform allows users to bid on wholesale lots in online auctions, and it features major brands. It's a trusted source for finding a variety of products.

FAQ

What are the risks of using Liquidation.com?

There are several risks associated with using Liquidation.com. One of the main concerns is the quality of the inventory. Items sold on the platform are often surplus inventory or returned merchandise, which may not always be in the best condition. Another risk is the accuracy of product descriptions. Some users have reported receiving items that did not match the description provided on the site. Additionally, there have been complaints about high shipping costs that were not clearly disclosed at the time of bidding. Lastly, some users have reported difficulty in reaching customer service for issues related to their orders. It's important to thoroughly research and understand these risks before using such platforms.

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