Bidding On Ebay And Lose?

[Prophonics 2029]

I bid on a record @ $300 and take it to $500 but get out bid for $700. If I didnt bid in the first place would the record still reach that end price?.

[Ernie Andrews]

Check to see the increment bid should be around $20 at that price so the under biddder will be a round $680

[Ged Parker]

I bid on a record @ $300 and take it to $500 but get out bid for $700. If I didnt bid in the first place would the record still reach that end price?.

Yes I'd say. Someone took it from $520 to $680 or there abouts and they didn't win it.

All other things being equal its only a matter of the second highest bidder being the one that determines what the winner will need to pay.

Edited May 28, 2012 by ged parker

[Phild]

Yes I'd say. Someone took it from $520 to $680 or there abouts and they didn't win it.

All other things being equal its only a matter of the second highest bidder being the one that determines what the winner will need to pay.

And i am second highest bidder far too many times

[Swaggy]

I buy and sell on eBay all the time the knack to buying is you never never bid until the last 10 seconds. You need to watch the item carefully, I can never understand why people bid with each other while say there are 5 days left falsely pushing up the price far too early.

[Chris L]

I buy and sell on eBay all the time the knack to buying is you never never bid until the last 10 seconds. You need to watch the item carefully, I can never understand why people bid with each other while say there are 5 days left falsely pushing up the price far too early.

Agree there's a good tool called Esnipe..................

[Ernie Andrews]

I buy and sell on eBay all the time the knack to buying is you never never bid until the last 10 seconds. You need to watch the item carefully, I can never understand why people bid with each other while say there are 5 days left falsely pushing up the price far too early.

I bid early low sometimes to remember the item

[Pete Eccles]

Bidding early is just bringing interest to the record, put it on your watch list and ebay will remind you when its coming to the end of the auction, nothing worse than watching a record and 2 bidders (or more) are making multiple bids, none of which have any chance of winning, with days to go, thus bringing attention to it from casual browsers,

Put your max bid in a sniper, walk away from it and may the highest bid win,

Different outlook altogether for sellers of course

[Guest Gogs]

I don't use sniper and lose at least 50% of the records i bid on with 2-3 secs left therefoe no chance to raise bid Not that i normally would as i know the limit that i'm willing to pay and usually put that on with about 30 secs or less left.

Edited May 30, 2012 by Gogs

[boba]

Yes I'd say. Someone took it from $520 to $680 or there abouts and they didn't win it.

All other things being equal its only a matter of the second highest bidder being the one that determines what the winner will need to pay.

this is assuming people act rationally and know what they want to pay, and removes the psychological element of the auction and getting outbid

[Mrtag]

I buy and sell on eBay all the time the knack to buying is you never never bid until the last 10 seconds. You need to watch the item carefully, I can never understand why people bid with each other while say there are 5 days left falsely pushing up the price far too early.

Exactly... Also I think if the things are not bid on until the last minute they slip under the radar and again stop a stupid bidding war with silly bids that are not going to win the item. :yes:

[Mrtag]

Bidding early is just bringing interest to the record, put it on your watch list and ebay will remind you when its coming to the end of the auction, nothing worse than watching a record and 2 bidders (or more) are making multiple bids, none of which have any chance of winning, with days to go, thus bringing attention to it from casual browsers,

Put your max bid in a sniper, walk away from it and may the highest bid win,

Different outlook altogether for sellers of course

Just noticed your post Pete.... Ditto.... very true...

[Swaggy]

Exactly if someone puts an item on at £5 and.we know it's worth £500 we all know what we would top bid we are looking for a bargain not paying top price if nobody bidded till the last minute we would not pay anywhere near £500 all we are doing is falsely inflate prices I agree to put a low 1st bid in in case no one else bids bargain time but if some numpty goes above you in quick time leave it do not bid again work out your max bid and put it in with 10 or less secs depending on your speed you will win more than you lose I promise so get on your mouse ready waggy

[Ernie Andrews]

Exactly if someone puts an item on at £5 and.we know it's worth £500 we all know what we would top bid we are looking for a bargain not paying top price if nobody bidded till the last minute we would not pay anywhere near £500 all we are doing is falsely inflate prices I agree to put a low 1st bid in in case no one else bids bargain time but if some numpty goes above you in quick time leave it do not bid again work out your max bid and put it in with 10 or less secs depending on your speed you will win more than you lose I promise so get on your mouse ready waggy

Thats exactly what I do