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Showing posts with label reverse auction. Show all posts
Showing posts with label reverse auction. Show all posts

Friday, November 2, 2012

Reverse auction: How low will he go?

It's time for more fun with Mid2Mod. My SIL is going to hold the first-ever reverse auction (sometimes called a Dutch auction) at the store today, starting at noon (Central Daylight Time).

Up for grabs is this beautiful turquoise sofa by Grete Jalk, which has been marked down in the store from $2500 to $1650. But today it could be yours for a fraction of that price!


Sofa by Grete Jalk for Glostrup

The rules are simple. Joe is going to start the bidding on this item at $1500.00. Every 30 minutes he's going to reduce the price of the sofa by $50.00.

When you reach a price you can live with, you can either post on Facebook or email  him at joe@mid2mod.com and tell him to stop. Wherever you stop him will be the agreed upon sale price.

He says he will take this sofa all the way down to $50.00 if he has to, so you could get a real steal if you have the nerves for it. But will someone grab it right out from under you if you don't stop Joe soon enough? Only time will tell.

If you out-of-the-area folks hold out and get this sofa for pocket change, you'll be able to afford shipping. We'll help you get a good rate.

So join in the fun on Facebook today...and good luck!