Auction Nation is an online auction website that buys back products from big box retailers such as Home Depot and Costco. This allows consumers to get great deals while also reducing the carbon footprint. In addition, this website also sells overstock products from the stores at a fraction of the original cost. By purchasing returns and overstock products, Auction Nation helps to reduce the landfill footprint of large retailers.
The information presented on the site is based on self-reported information from Auction Nation employees. The site also gathers proprietary information from other companies and public data sources. This information can include BLS data, H1B filings, company filings, and more. However, before you use this information, you should be aware that not all of the data is accurate.
If you’re interested in joining the team of auctioneers at Auction Nation, it is best to check their credentials before applying. The company was founded in 2010 and has a small number of employees, but most of them are graduates of Arizona State University. The company has been listed on Zippia’s Best Companies to Work For list.
The AGO’s lawsuit alleges that Auction Nation engaged in house bidding prior to December 2018. The website has a user agreement that forbids house bidding prior to that date. The AGO’s investigation into Auction Nation led to an update in its user agreement. The lawsuit states that many real bidders were unaware of the practice.