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Why does EZ Auction Help recommend that auctions start at $.99 versus a stated minimum amount?

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Why does EZ Auction Help recommend that auctions start at $.99 versus a stated minimum amount?

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It is our experience that a starting price higher than .99 results in not attracting as many potential bidders which in turn results in not achieving the highest price possible. People get caught up in the whole bidding process and the excitement of the auction. When they are in this state they generally will spend more than what they had planned to. Back to Question List 13. What is the average length of time the whole process takes until I receive my check? Once we pick up your item(s) they will be listed within ten days to two weeks. There is a process about when to have an auction close to help maximize the final price. Your item(s) might be slightly delayed in getting listing to achieve a possible final price advantage. Once your item(s) sells we can wait as long as 14 days to receive payment from the winner. We then ship and give the buyer another ten days to be sure everything is satisfactory. Then we will send a check to you. The whole process could take as long as six weeks bu

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