Pennock auctioneer can be your 'middle man': New Internet auction business provides 'hassle-free' options for sellers, buyers
PENNOCK -- A new online consignment auction service will provide an easy option for buyers and sellers, according to Dave Benoit, who is launching White Feather Trading Company Inc. this week.
"People want an outlet" to sell their items, he said.
Benoit, who is a bonded and licensed auctioneer, is an independent affiliate of K-Bid, based in Maple Plain. Affiliates work with individuals or businesses to sell items on a consignment basis through an Internet-based auction. Benoit essentially is the middle man between buyers and sellers, and makes a commission on the items sold.
"People are ready for this service in this area," he said. "It's a hassle-free way for you to sell your items. People love that concept."
All a seller has to do is bring his items to Benoit's rural Pennock farm site.
Benoit markets the items by posting photos and descriptions on the K-Bid website.
Then, over the course of about 10 days, the more than 100,000 registered K-Bid buyers can bid at www.K-Bid.com on the items they want to purchase.
Buyers, who must register to receive a bidding number and set up payment plans, can set a maximum bid they'll spend on an item and let the computer respond as the bids inch up.
While mulling whether or not to up the ante, potential buyers can call Benoit to ask about the merchandise or even arrange to view the items at his site.
Benoit is starting out small with items like brand new Harley-Davidson motorcycle parts, collectible decoys and a tractor-pulled grass mower. But with a 20-acre farm site and indoor storage facilities, he's hoping to expand to farm equipment.
Even though the items may be stored for a short time at his property, Benoit said he's not operating a retail business. Some sellers opt to keep their merchandise at their own site and have Benoit sell through the K-Bid online auction.
The items are sold "as is and where is" and buyers are responsible for inspecting the merchandise and for picking up the items.
He said buyers can also have their items shipped to them by contacting a shipping service that works directly with K-Bid affiliates.
Benoit said he's excited about the venture.
"I really enjoy working with people. I like getting out and visiting with people," he said.
Just by word-of-mouth he has more than enough items to launch his first online auction sometime this week. He expects to conduct one auction a month "while I get my feet wet" and hopes to eventually triple that.
"I'm looking forward to it," he said. "It's a new venture."
Benoit said he chose the name White Feather Trading Company Inc. in honor of his father-in-law, who operated White Feather Turkey Farm on the same farm site where Benoit is now housing his online auction business.