UNDERSTAND AUCTION RESERVE PRICES
Reserve prices are minimum prices that sellers set for
their item. The reserve price is not displayed for buyers,
so you are bidding blindly as far as the reserve price is
concerned. A reserve price assures the seller that he
or she will get at least that amount for the item. If the
reserve is not met by the end of the auction, the auction
completes with no winner. If the reserve is met, then
the highest bidder wins the item. In some cases, if the
reserve is not met, the seller may notify the highest
bidder and accept the bid even though it does not meet
the reserve price
(although you can??™t
count on that).
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eBay QuickSteps Buying Strategies 53
54 PC QuickSteps Getting to Know Your PC 1 2 3 4 5 6 7 8 9 10
FIND THE TIME ON THE LISTING
To find the time for a listing:
1. Open the View Item page for an item by clicking its title or Gallery picture after
browsing or searching. The end time is usually displayed under the current bid price.
Shows the time left??”
how much longer the
listing will last
Shows the date
and time when
the listing ends
2. Be sure to note the time left, and track it closely. Add the item to your Items I??™m
Watching view in My eBay if you want to quickly find it again.
Be a Sniper
You will know you??™ve encountered a sniper when you are
the high bidder and someone slips in a higher bid at the last
second, squeezing you out of the winning bid.
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