Auctions4aCause.com announced its launch and said it offers a new model in online auctions. The site will auction brand new name-brand items. A limited number of bids can be placed on each auction, and at least 25% of the net proceeds go to charities selected by the bidders. Consumers may not place items for sale on the site. Once the auction is ended, the highest unique bidder gets to purchase the item for their bid amount. This bid can never be higher than the listed “Get4” price, which is 80-90% off retail price.
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