Oltiby Auctions - www.oltiby.com

This is a well-presented and professional looking auction site. It should benefit any of us, who are buying any type of items. The reverse auction model is quite new, but Oltiby will certainly educate more and more users, and create a lot of competition between sellers to get lower prices to the buyers.

The minority of eBay sellers (one of them is my friend) buy their items through www.oltiby.com, which is an online auction site in reverse. They invite their suppliers to bid against each other in order to get the best price. Then they resell the items on eBay.

I think that this is a brilliant idea, for my personal use and even for my company, as we can get our usual suppliers to send us a quote through this system, instead of waiting for emails without any way to compare the bids. Everything is simpler with Oltiby Auctions.

Oltiby Auctions is a new reverse auction site, that puts buyers in charge of the buying ads. Buyers post ads and sellers come and bid on the items in order to offer the best price. At the end everyone benefits - the buyers who received the items for less, and the sellers by selling an item without paying the service fee (paid by the buyer).