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#1
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Ebay sometimes doesn't make sense...
just as a side point regarding ebay madness, the robot-bidder thing is
stupid. Imagine an item with a starting price of $50 but a reserve of $100 I come along and quite fancy buying the item so I bid $150. Ebay places my bid at $55 and the reserve is therefore not met. Then the auction ends. I'm the high bidder with $55 but I can't have it because the reserve wasn't met even though bid over the reserve amount. STUPIDDD |
#2
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Ebay sometimes doesn't make sense...
"Brothermark" wrote in message ... just as a side point regarding ebay madness, the robot-bidder thing is stupid. Imagine an item with a starting price of $50 but a reserve of $100 I come along and quite fancy buying the item so I bid $150. Ebay places my bid at $55 and the reserve is therefore not met. Then the auction ends. I'm the high bidder with $55 but I can't have it because the reserve wasn't met even though bid over the reserve amount. STUPIDDD If the reserve is $100 and you bid $150, your bid will be $100 (the reserve) unless and until someone bids over $150. atg |
#3
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Ebay sometimes doesn't make sense...
"axtogrind" wrote in message
If the reserve is $100 and you bid $150, your bid will be $100 (the reserve) unless and until someone bids over $150. No, you need to go back and read a little about bidding on eBay. The reserve and the starting bid price are two different things. Brothermark is right on, and it sucks big time. That's why I always include a Buy-It-Now price when selling and first look at auctions with BIN prices when bidding. |
#4
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Ebay sometimes doesn't make sense...
"Thomas Bishop" wrote in message . ..
"axtogrind" wrote in message If the reserve is $100 and you bid $150, your bid will be $100 (the reserve) unless and until someone bids over $150. No, you need to go back and read a little about bidding on eBay. The reserve and the starting bid price are two different things. Brothermark is right on, and it sucks big time. That's why I always include a Buy-It-Now price when selling and first look at auctions with BIN prices when bidding. Unless eBay changed their bidding rules recently, "axtogrind" has it almost right. The first bid at or above the reserve price will be accepted at the reserve price. In his example your bid would be $100 until someone else bids over $100, then you would keep outbidding them until they bid more than your maximum of $150 (which is probably what "axtogrind" meant to say). |
#5
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Ebay sometimes doesn't make sense...
One thing I learned is to put very low (preferably no reserve) on items.
Most people will not bid on anything with a reserve (or a very high one) even if the reserve is only a 10th of what the item usually sells for on eBay. Things will sell for much higher simply because of the "bidding war" that goes on once a bunch of people have started bidding on it (which they will if you have no reserve). I believe most people just like bidding and feeling like their "winning" much more than the fact they need the item or if it's a bargain. "Analogeezer" wrote in message m... No suprise to most people here I suspect... I've been selling old stuff on Ebay, mostly lowball stuff I wouldn't bother even bringing up around here. So last weekend I listed six items, two of which went right away with "Buy it Now". One of these items was only $20 less (20 percent) than you can buy a new one for. Granted I had the box and all the stuff (manual, styrofoam insert, etc.), I guess they figured it was good as new for 20 percent less so at least THAT made some sense. I put fairly low reserves on all the stuff, and looking at the market value of these items on Ebay figured that I should have no problem meeting any of the reserves. One of the items was a cheap Kawai synth...I didn't figure to get a whole lot but I had all three manuals, the original box and inserts, a RAM card loaded with third party patches, etc. This one didn't make reserve at all (just over $100), kind of weird as other synths of the same model with all the stuff sold for much, much more...I've got decent feedback (all positive +15), I guess it was just timing or something. Here's the weird part though: I had a Tascam 34 that needs work, cosmetically great but in the auction I stated for repair or parts, right up front. The 34 went for the same price ($86) that the synth peaked at....I had not figured it would fetch that much. THEN I sold a Peavey bass preamp, single rack space thing which went for over a $100. That unit is in great shape, but did have a flaw....the power switch is stuck in full time. But it went for over a $100...its a Peavey? I realize I'm comparing apples to oranges here...different kinds of gear, but when a broken tape deck and a Peavey fetch more than an old synth in excellent shape with all the accessories, ya just gotta wonder. Don't get me wrong, I'm not bitching here I did just fine...I'll probabably change the listing, lower the price, sell the RAM card separate or something, etc. but my point is that Ebay behavior is pretty close to a entropic system; sometimes it makes sense, but not usually g Analogeezer p.s. Oh yeah, I get it I need to say VINTAGE SYNTH next time... g |
#6
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Ebay sometimes doesn't make sense...
"Ricky W. Hunt" wrote in message news:gQy6b.377207$YN5.252595@sccrnsc01...
One thing I learned is to put very low (preferably no reserve) on items. Most people will not bid on anything with a reserve (or a very high one) even if the reserve is only a 10th of what the item usually sells for on eBay. Things will sell for much higher simply because of the "bidding war" that goes on once a bunch of people have started bidding on it (which they will if you have no reserve). I believe most people just like bidding and feeling like their "winning" much more than the fact they need the item or if it's a bargain. Yeah I've heard a lot of people say that but I usually set reasonable reserves and still get a ton of bids...I think the Peavey got 14 or so, some of my stuff with reserves gets upwards of 20. I guess once I get more experience and confidence I'll probably drop the reserve thing....the Kawai is the first thing I listed that didn't sell with ease, I think it was a timing thing, one sold the week before for almost double what mine peaked at but this week they were cheap. So far I've been selling stuff that is pretty well known, so I guess I don't really need a reserve, but at the same time I don't want somebody scarfing something for $10 and then I have the hassle of packing, shipping, etc. One thing that annoys me are auctions for stuff you KNOW is gonna go high that say "NO RESERVE", like a UA 1176. Frankly I'd rather see a reasonable reserve on that then somebody trying to suggest it might go for $50 with NO RESERVE. Contrary to popular belief around here, there ARE some buyer deals on Ebay but it's not usually the first place I look and then I usually pay top dollar. I paid a bit too much for a used SPX-990 a while back but it was in mint shape, with the manual and the guy was cool....I never could fine a used one that anybody had FS (that kind of says something doesn't it?) except on Ebay so there you go. Analogeezer |
#7
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Ebay sometimes doesn't make sense...
Nope, he is right and you are wrong. if the reserve WAS $100 it would automatically
go to that. But the seller probably lied about the reserve OR he was otherwise mislead. I have been on Ebay for years. db In article , "Thomas Bishop" wrote: "axtogrind" wrote in message If the reserve is $100 and you bid $150, your bid will be $100 (the reserve) unless and until someone bids over $150. No, you need to go back and read a little about bidding on eBay. The reserve and the starting bid price are two different things. Brothermark is right on, and it sucks big time. That's why I always include a Buy-It-Now price when selling and first look at auctions with BIN prices when bidding. -- David 'db' Butler, Consultant Acoustics by db "...all the rest are just brokers" now on the web at http://www.db-engineering.com Boston, Mass Phone 617 969-0585 Fax 617 964-1590 |
#8
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Ebay sometimes doesn't make sense...
David, you are SO behind
D. Butler wrote: Nope, he is right and you are wrong. if the reserve WAS $100 it would automatically go to that. But the seller probably lied about the reserve OR he was otherwise mislead. I have been on Ebay for years. db In article , "Thomas Bishop" wrote: "axtogrind" wrote in message If the reserve is $100 and you bid $150, your bid will be $100 (the reserve) unless and until someone bids over $150. No, you need to go back and read a little about bidding on eBay. The reserve and the starting bid price are two different things. Brothermark is right on, and it sucks big time. That's why I always include a Buy-It-Now price when selling and first look at auctions with BIN prices when bidding. |
#9
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Ebay sometimes doesn't make sense...
"Brothermark" wrote in message ... just as a side point regarding ebay madness, the robot-bidder thing is stupid. Imagine an item with a starting price of $50 but a reserve of $100 I come along and quite fancy buying the item so I bid $150. Ebay places my bid at $55 and the reserve is therefore not met. Then the auction ends. I'm the high bidder with $55 but I can't have it because the reserve wasn't met even though bid over the reserve amount. STUPIDDD Been there, done that as a bidder. I think that's why eBay added the "But It Now" facility. Most people set it at the reserve price and that breaks the log jam you describe. Even more stupid are all the auctions I see close for over easy-to-find discount retail pricing. The last thing I saw close like this was a battery for a Nomad Jukebox 3. If you rummage around a little you can get them for $32 plus shipping, but this one closed for over $40 plus shipping. |
#10
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Ebay sometimes doesn't make sense...
"Brothermark" wrote in message ...
just as a side point regarding ebay madness, the robot-bidder thing is stupid. Imagine an item with a starting price of $50 but a reserve of $100 I come along and quite fancy buying the item so I bid $150. Ebay places my bid at $55 and the reserve is therefore not met. Then the auction ends. I'm the high bidder with $55 but I can't have it because the reserve wasn't met even though bid over the reserve amount. STUPIDDD The reserve is not usualy published so how do you know what it is? Steve |
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