GovAuctionsReviews of govauctions.com

I just downloaded it so I can see what it’s all about but I can’t go further since it’s already asking for a card number. I supposedly have $50 credit so why do I need to put a card number to start? I have a feeling that the auctions may be low, but if you lose, you lose your bid. So while people claim to get iPads and all for like $26 bucks, how many people lost their money bidding for that same item? And how do I know someone actually out bid me? They could claim I lose the auction when nobody won. There’s no way for someone to verify no doubt. So much for me trying it out to make sure it’s legit. I’m not losing money on this app.

Not sure just how these actions work

Something fishy going on here. It does seem the same users are winning all the large prizes. I am also curious if this company is accountable to any entity that checks them for the integrity of how they portray the site? Don't get me wrong I have won a few decent auction items but ended up playing almost what I would in a retail store. They also need to be honest about the value of the items. Many of them are worth far less than advertised some 80% less. Some are want to be luxury items. I am a reseller and initially thought I could pick up some bargains and make some money. The first item I won was a ladies Weekender Bag that they claimed was valued at $5000. It's true value in a resellers world is less than $500...and is still sitting after marking down to $425. I've had offers of $325. All that to say this...beware. Use your AI. Take a screenshot and ask AI what it's resale value would be. That is the true value of the item. You are probably fine with their electronics but you'll be hard pressed to win if you live on a budget. Remember the same 15 - 20 people seem to win the "good" items.Overall I am still skeptical that these guys are on the up and up.

I recently downloaded GovAuctions after being led to believe it was an official platform for government surplus items. However, I quickly learned that it is a private company operating a penny auction model. The name "Gov" is highly misleading.The biggest trap is how the bidding works: to place any bid, you must use points that consume your real money credit. If you don't win the auction, those points are gone forever and are absolutely non-refundable. You are just paying for the right to click a button, and you lose that money even if someone else outbids you at the last second. On top of that, if you actually happen to win, you still have to pay the final closing price plus hidden fees. It is mathematically set up for the house to win against you.The only reason I am giving them 2 stars instead of 1 is because their customer service actually honored their 100% money-back guarantee. After realizing how the platform worked, I requested a refund for my point pack ($30) and they processed the reversal within the same day.

Looking at all the reviews gives me chills. This is another addiction. You sign in for free buuutttt you have to buy points to be able to participate in the auction. I've seen too that some people even pay more than what is being auction is worth. I know it's a business but they are playing with people's lives. I do crafts + I'm a shoppaholic but I know when to stop. Most people that get addicted to this type of things is because of the excitement and dislike of not liking or wanting to lose. A lot of people think that addiction is only drugs and alcohol because you can see it; however, food, sugar, any kind of games, these auctions are very dangerous. People get hooked. I have seen friends of mine that lost everything; cars, houses, Jobs & specially their dignity and reputation because of gambling and other addictions. And I hope this can help someone and doesn't get deleted.

There is quite the learning curve with how bidding with points & then, having a separate payment for the items you win. Seems like this could be clarified for new users prior to buying points to make bids.

Great Items but Pay-to-Bid at $0.14 per bid with the bid only rising $.01 means you spend more money biding than on the Item

Unfortunately I did not do my homework before jumping into an auction. Regardless of whether you win or lose an auction you can potentially end up spending double the amount of what the item is worth. You also have to purchase “points” to bid on an item and if you win, you then have to pay the entire bid amount which to me does not make any sense. Unless you know how to win a bid without spending too much money on points and the winning bid amount (more than the actual cost of the item) then this is great for you, otherwise definitely stay away and don’t even try to use this site!