Quote:
Originally Posted by Rusty Heap
ditto what Bob said.
I don't play the ebay game. I set my max bid, "that's what I'm willing to pay for product XYZ" and don't play the sniping game of sneaking in at the last second.
if you want to sell something seriously, just list it as a "buy it now" price. you get what you want out of it, and the person knows what they're going to pay.
All depends on how much you want to play the bidding/auction/flakey buyer game.
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You should still snipe your max bid at the last second if you want an item. Let's say the bid is currently at $70. You decide you do not want to spend more than $100. If you put in that max bid, it will either tell you are winning the auction at some about between 70-100 or tell you have been outbid (if someone else's max bid was above $100). However, even if you are winning the auction, other people still have time to come back over the top of you and outbid you.
If you had instead put that max $100 bid in at the last possible second and the previous high-bidder had only had a max bid of $95, he will not have time to come back over the top of you and get the item. By sniping, you still do not get into a bidding war as you decide what you will pay and go no higher than that, but you do greatly increase your chances of winning the auction.