Free Online Auctions Now Available for College Students

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MyCollegeMarket.com believes a fee-based model does not work with college students, but instead will search for a better way to do business while still providing a quality service for students looking to buy and sell within the college community.

MyCollegeMarket today announced that its online auction services will now be free to college students across the nation. The site now not only provides free auction listings, but will no longer charge end of auction fees. This means that an auction can go from start to finish without costing the seller anything.

“In a world of free online encyclopedias, free social networking websites, and free telephone calls around the world, there needs to be a strong presence of free online auctions. This is especially true for college students, who are the foremost admirers of all things free.” said Stephen Carlson, CEO of MyCollegeMarket.

As MyCollegeMarket continues to grow, the company will evaluate various revenue possibilities. For now, however, MyCollegeMarket views user growth as the number one priority and is less concerned with immediate profits.

MyCollegeMarket.com is a college-only social marketplace. It was founded in 2005 by Stephen Carlson, now a Junior at Bowdoin College, and four friends who attend schools across the nation: Joey Izzo, SF State, Andy Ramsay, UCLA, Prescott Nasser, UC Berkeley, and Aaron May, New York University. The company devotes itself to empowering college students economically, and inspired by Google’s “Don’t be evil” credo, MyCollegeMarket has adopted a more pro-active principle: “Be good”.

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Aaron May