bideasi was founded in 2006. Our fundamental principle is that a buyer should initiate an auction rather than a seller. The buyer will benefit from free listings and a chance to get a good deal. Sellers benefit by being guaranteed that a market exists for their products or services, and sellers are only obliged to pay fees when they successfully sell their item. bideasi ensures that sellers shall also receive a fair price for their products or services.
The bideasi experience is greatly improved by providing what should be a NON fraudulent auction site. Fraudulent transactions are all but eradicated using bideasi's Escrow service.