On eBay, the real bidding only happens at the very end, as if the bids were sealed. ... at the highest conventional bid. The other reality on eBay is that the growing trend for the last ten years has been away from auction listings towards fixed price listings. Keep reloading or refreshing the page to keep a better watch on the time. So eBay’s “proxy” will automatically bid for Jane. I buy only from these approved sources. Invalid bid retraction policy. eBay is not at all like a live auction. Don’t bid too high, too early. If you've gotten your gear through one of my links or helped otherwise, you're family. eBay and sellers encourage people to bid early is because it makes them more money. Wait until the end and you're free the whole time. Find out how to set up automatic bidding. Griff, Rebecca Michals, The busiest last-minute online shopping day of the season w/Jordan Sweetnam, We’re introducing eBay standard envelope by Jordan Sweetnam, Timely, important seller and buyer updates, Episode 121 || FireSide Chat w Sucharita Kodali of Forrester Research, Simple, Secure Shipping for Trading Cards. Use TAB key to navigate results. For all I know, they get big gift baskets from eBay at Christmas. Like everything on which I bid, I had it in my watch list and was researching it all week. As this page is copyrighted and formally registered, it is unlawful to make copies, especially in the form of printouts for personal use. On an auction, bids placed. Don't let it get away!" Choosing which listing type also is a matter of which business model a seller uses. {"modules":["unloadOptimization","bandwidthDetection"],"unloadOptimization":{"browsers":{"Firefox":true,"Chrome":true}},"bandwidthDetection":{"url":"https://ir.ebaystatic.com/cr/v/c1/thirtysevens.jpg","maxViews":4,"imgSize":37,"expiry":300000,"timeout":250}}, Get a weekly download of everything you need to know to start, run, and. If you’re waiting longer than you expect for a payment, contact the buyer to find out if there’s a problem. If only two idiot early-bidders are nickel-and-diming each other to death with penny-ante bids, eBay will show each bid as if it's significant, and you might see "Bids" listed as 23, even if there are only two bidders. If you can make the highest bid with just 20 seconds left, most likely you’ll win. Some people don't know about snipers and they bid within the last 24 hours and less. In an auction-style listing, sellers name a starting price and you bid against other buyers. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. This same guy had a habit of early bidding, and paying way, way too much for things. The other reality on eBay is that the growing trend for the last ten years has been away from auction listings towards fixed price listings. Many eBay bidders place their bids in the round numbers that match eBay’s proxy system. LOL! I'll be honest: when I see an item with no bids in the search results, human nature is to think there's something wrong with it. The better the deal, the faster it goes. In an open eBay auction, which is anything other then Buy-it-Now, you're bidding against emotional people. If you know that the item is selling on eBay for a certain price and that there is a demand for it, starting the bidding at a reasonably low level can be a great way to increase bidding and attract prospective bidders to view your auction. eBay does everything it can to make you want to early and bid more than once, the surest ways to lose an auction while jacking up the price for the winner. Here are some tips to consider when bidding: If there’s a Buy It Now option, you can purchase the item right away without waiting for the auction to end; Bide your time. to Lose at eBay: By encouraging a lot of early bidding, items look more interesting to everyone because the bid count is shown in the search results. Unless the item is rare, odds are that a similar item will show up on eBay … Don't bid when the bidding exceeds the maximum bid you've determined for yourself during the research period. Or, you can also select the Cancel a bid button below. If someone obligates themself to a future option to buy something, they expect to be paid for the inconvenience. Automatic bidding is the easiest way to bid on an eBay … In the world of financial gambling, people pay or receive money for contracts called options. followed by a big INCREASE BID box to click. Enter the item number, the username of the member whose bid you’re canceling, and the reason you’re canceling the bid. Share best practices, tips, and insights. Or, if the seller has set a Buy It Now price and (again) you’re too impatient to wait until the end of the auction to win, click Buy It Now and go from there. 2 min article; Automatic bidding. Not to worry, I bought a better example of the same thing for less money a week later, bidding properly. What if the Bids Get too High Before the End of the Auction? Waiting until the last minute actually serves no purpose and is actually counter-productive. If you make an early bid, even just 10 seconds before the close, then everyone knows you're there, and you're a target. Some bidders don't even find the auction until the last minute. Yes, in general it is best to wait until the last fifteen seconds or so. When you early-bid, you're making everyone want to pay even more, and guess what? Say John ups the bid to $11, then Jane’s proxy will automatically up it to $11.5. In My eBay, go to Sold and select Awaiting payment - opens in new window or tab. Buyer Bid on Auctions . It’ll continue doing that all … But alas, as a buyer I wait until the last 10 seconds or less! eBay is certainly not going to limit bidding to … Here's a concrete example of one more way it hurts everyone when people early-bid. Keep reloading or refreshing the page to keep a better watch on the time. How Snipers are useful tools for this. Buyers seem to prefer to come online (eBay or elsewhere) to buy and buy it now, not place a bid and wait several days to see if they have purchased the item. It's most emphatically not a price, since no one can buy the item at that level, but sucks more early bidders into bidding; thinking they can buy the item that cheaply.). Give support, share information, and connect with fellow members. . Every bidder gets automatically-generated "closer" emails like: "It's almost yours, but you could still be outbid. The wife wanted to go to lunch right at the same time as the end of the auction, so I decided to drop an early bid an hour before the close. The fewer steps you take to the end of the auction, the better. (Actually eBay uses a psychological trick and lies, labeling the highest current bid as "price." If someone makes a bid on an auction-style listing, and then retracts that bid, they could gain an unfair advantage – maybe by discovering a reserve price, or where another bidder's maximum bid stands. On eBay, you never want to obligate yourself to anything for any length of time, in case what you really want shows up. To suggest that bidders must bid early in the auction to declare themselves is silly. Home  Donate  New  Search  Gallery  Reviews  How-To  Books  Links  Workshops  About  Contact. Meet other eBay community members who share your passions. Face it: when I see something has a lot of bids, and the price is high, I think the item is a lot more valuable than if I didn't. If they do, then they can buy the item from you immediately without having to bid against other buyers in … If he and I had both bid properly, I forget who would have won, but the important thing is that it would have sold at a much lower price and at a much more reasonable value. If your maximum bid is higher than this minimum, eBay will automatically increase your bid in pre-determined increments. Bidding on an eBay auction is a great way to get the item you want – at a bargain price. It’ll bid the next least amount that’ll allow Jane to outbid the winning bid without surpassing her “maximum bid”. Last Edited 09:06:32 PM. Btw, I’m an active bidder on eBay and Yahoo auctions, a lot of times, I practice “last-sec-bidding”. Never early-bid. There was an item I once wanted. eBay is certainly not going to limit bidding to … © KenRockwell.com. Waiting until the last minute actually serves no purpose and is actually counter-productive. Playing poker, another competitive gambling game just like eBay, is all about keeping your cards close to you. Looking for a piece of furniture or other large item that can't be … Don't wait too long as the offer isn't binding and they could lose interest by the time you accept. eBay is loaded with messages like "check your status and see if you're still the high bidder," which we all know that means nothing. If I see something with 25 bids, I'll check it out out of curiosity. Only because I early-bid did he have to go above and beyond sanity to win his item. eBay does everything it can to make you want to early and bid more than once, the surest ways to lose an auction while jacking up the price for the winner. Some bidders don't even find the auction until the last minute. It's great people like you who allow me to keep adding to this site full-time. Two ways to do this, if the item's not popular or you don't see all that much activity in the last few minutes of the auction, bid at 75% of the max you would pay for this item, if it gets automatically outbid then wait until less than 20 seconds to auction and bid … What is important timing-wise is that your bid (the data that is transmitted when you click the confirm button--or one of the newer bid buttons that don't require a confirmation but don't use those because the confirm screen is your friend helping you from making a mistake, not something to be bypassed, and there is ABSOLUTELY no need to be in hurry while bidding) be RECEIVED by eBay before the end of … Don't be silly enough to obligate yourself with an early-bid, for nothing! Instead of waiting it out with eBay’s automatic bidding, you can also go to the seller’s eBay Store to see whether a duplicate item is for sale at a fixed price. Think about it for a moment, when someone enters in a max bid, it is the max they will pay and bidding at the last second will not be better. Increase your bid to have a chance at winning. With many bids coming in the final seconds, your bid might be the last one eBay records. If you wish to make a printout for personal use, you are granted one-time permission only if you PayPal me $5.00 per printout or part thereof. I dropped a very high maximum bid (the absolute maximum I dared pay, which is how I always bid), and we headed out. As I keep telling you, the last bidder won. there's always another coin to buy . Remember, sniping is a game. Depends what it is & how much interest has already been shown in it so far. Two ways to do this, if the item's not popular or you don't see all that much activity in the last few minutes of the auction, bid at 75% of the max you would pay for this item, if it gets automatically outbid then wait until less than 20 seconds to auction and bid … No, it's not quite the same thing as haggling, but by bidding on auctions rather than shopping fixed-price listings, you give yourself more control over the price you'll eventually pay for an item.If you see an item you like that's listed in the fixed-price form, view the seller's other listings to see whether they have also listed the same item in an auction format. One way is to wait, depending on how much time is left, until the offer is close to expiring to give another buyer a … The item remains for sale until the PayPal transaction is completed, so if the buyer doesn't pay, another buyer can come along and purchase the item. eBay (and all good auctioneers) do everything it can to incite auction fever, and incite otherwise reasonable people to want to outbid you, even if it's stupid, just for the sake of outbidding you. If you bid early, everyone else gets these, even on their mobile phones, PDAs, iPhones and Blackberries, and will act on them to raise the price. If I had bid at the last second, this nut wouldn't have seen my bid, and I would have paid many hundreds of dollars less than he did. Think about it for a moment, when someone enters in a max bid, it is the max they will pay and bidding at the last second will not be better. When someone commits an early bid offense (any bid placed before the end of an auction so that others can see and react to it), every other early-bidder who placed a bid gets numerous notices that you just outbid him. Tip If you place an early bid today, and tomorrow you find a better item, you're still stuck with the first item if you win. Early Bids Make You Pay Too Much. On fixed price listings, if you use the "make an offer" feature, the buyer makes an offer on the item price. You can win by a few cents if you place your bids in odd numbers like $10.97 or $103.01. It's an offer of a fixed amount. eBay has a feature called Immediate Payment, where buyers must pay via PayPal before the sale is completed. All perfectly within the rules. Ken. Thank you! eBay allows listings to sit out and collect early bids in the hope that suckers will try to out-do each other, and jack up the price and interest level. Your best strategy is to wait until the closing minutes of the auction to bid and then follow some key bits of advice for optimum success. If he bid like a pro (at the last second), its unlikely that I would have bid as much, and he would have won, again at a much lower price. What are ya selling? No, it's not quite the same thing as haggling, but by bidding on auctions rather than shopping fixed-price listings, you give yourself more control over the price you'll eventually pay for an item.If you see an item you like that's listed in the fixed-price form, view the seller's other listings to see whether they have also listed the same item in an auction format.   Some sellers say they'll … Enter your search term to display live search results. A lot of buyers also using sniping programs, so that they do not have to wait around. eBay bidding tips. Make sure you really want the item, because if you don't pay, the seller can file an unpaid item strike against you. Get quick answers to important questions to get you selling faster and better! If you haven't helped yet, please do, and consider helping me with a gift of $5.00. ... input your price and go to the confirm bid screen, wait about twenty to thirty seconds. I'm sure he gets invited to the eBay parties in San Jose, since it's guys like him that make eBay money. I returned, and of course some other half-crazy early bidder bid about double what the item was worth. All perfectly within the rules. According to eBay, every bid you make is considered to be a binding contract. eBay bidding is the same. Early Bids Make Others Think the Item is More Valuable. All rights reserved. To suggest that bidders must bid early in the auction to declare themselves is silly. Many newer eBay sellers aren't sure which listing type to use, auction or fixed price. Hee hee, eBay isn't happy that you just bid, they want you to bid too high. 1 ACCEPTED SOLUTION. Sucharita Kodali (VP and Principal Analyst at Forrester), Bob Means (eBay Trading Card Category Lead) Depends what it is & how much interest has already been shown in it so far. have had to take, feel free to help me continue helping everyone. The downside to a 10-day listing: You’ll have to wait a few extra days to get rid of your stuff – and to get your money. You can improve your chances of winning by increasing your bid." top of How to Win at eBay     Index of detail pages. Copyright © 1995-2020 eBay Inc. All Rights Reserved. eBay's search results show the number of bids an item has received, and the current highest bid. How to cancel a bid. The way to see how long your system takes is by practice, and by noting when you clicked the Confirm Bid button and comparing that to eBay's time stamp for your bid in Bid History. 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