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HOW TO BID
Here's how bidding on our auction works: 1. When you place a bid, you enter the maximum amount you'd be willing to pay
for the item. Your maximum amount is kept confidential from other bidders and the seller. 2. The system compares your bid
to those of the other bidders. 3. The system places bids on your behalf, using only as much of your bid as is necessary to
maintain your high bid position (or to meet the reserve price). The system will bid up to your maximum amount. 4. If another
bidder has a higher maximum, you'll be outbid. BUT, if no other bidder has a higher maximum, you win the item. And you could
pay significantly less than your maximum price! This means you don't have to keep coming back to re-bid every time another
bid is placed.
(Reserve Price Auction) Some auctions have a reserve price, a hidden minimum price, on their item. How it works: * A
reserve price is the minimum price a seller is willing to accept for the item. * As a buyer, you are not shown the reserve
price, only whether or not the reserve has been met. * The seller is not obligated to sell the item if the reserve price is
not met. * The winning bidder must meet or exceed the reserve price and have the highest bid. * When you're bidding in a Reserve
Price Auction, bid as usual, entering the maximum amount you're willing to pay for the item. Watch the label next to the current
price to see whether the reserve price has been met. Until you see that the reserve price has been met, there have been no
successful bids in the auction. Once the reserve has been met, the item will sell to the highest bidder when the auction closes.
If your maximum bid is the first to meet or exceed the reserve price, the effective bid displayed will automatically be raised
to the reserve price.
(Buy It Now) Skip the online auction and get your item sooner! When you see the icon next to a listing or see a Buy It
Now price listed on an item page, you have a special opportunity to get that item right away without waiting for an online
auction to end.
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