MEARS just announced its auction house policies for 2008. The game-used equipment authenticators just laid out what looks to be a strict and innovative list of rules an auction house must follow in order to submit items for MEARS’ authenticating services.
To read the full text on its site CLICK HERE.

To my knowledge, no auction house has ever agreed to be audited by a third party. I think it’s a good idea in the respect that it would help instill more confidence in the bidders’ eyes, but I am not sure auction houses would open up their records to anybody.

The idea with all of this is to give all bidders full disclosure … it will be interesting to see how this all plays out and to see which companies will use MEARS next year and which ones won’t.

Also, I would like to hear your comments on this and how many auction houses you think will abide by these rules.