Fididel launches live-negotiation auction business - Alabaster Alabama 95073


 , San Jose California  95073  United States


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09/16/2008
03/15/2009

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Fididel is new kind of auction site that aims to draw in buyers and sellers who aren’t happy with the lack of real-time negotiation on sites such as eBay or Priceline.com. The site gives buyers and sellers the ability to chat in real-time and quickly agree upon a sales price.

The San Jose, Calif.-based company appears to fill a hole in the auctions market that those big companies have long left uncovered.

Hal Wendell, CEO of Fididel, said that the buyers and sellers cannot type anything they want into a conversation. That’s because negotiations often deteriorate into name calling. Instead, the buyers and sellers can select from a menu of responses, such as “go higher.” Wendell says buyers can wind up happier because they can sell items more quickly and get a fair price.

Wendell thinks that younger people who don’t have the patience for eBay auctions to end might prefer the real-time negotiations.

“This is more suitable for the instant-messenger generation,” Wendell said.

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09/16/2008