posted on December 5, 2007 05:22:18 AM new
Can someone explain to me how an item can have 3 bids but the price has not moved. I have seen this happen several times.
posted on December 5, 2007 06:32:22 AM new
What you hope for is someone else bids, then it should zoom up in price since they probably placed a higher bid each time. Good luck with it!
posted on December 5, 2007 06:40:59 AM new
Back in the day, I would warn people who put in "insurance" bids that they were opening themselves up to unethical behavior by sellers. I've had cases where a bidder put in the top 5 bids, only the first of which had an effect on the price. If my parents hadn't raised me (mostly) right, I could have gone under another ID and tweaked my own (shill) bids and worked it up until the final insurance bid level, thus getting more money for myself.
FWIW, they didn't seem to want to hear it, and I decided that I would no longer email them. Surprisingly, they were not all newbies.
posted on December 5, 2007 07:09:17 AM new
It is a e-bay quirk too.
If you have a reserve on the item the same thing happens.
Unlike the open bid system where you would be bidding against your self. With a reserve it will not move.
The item may go unsold and the bidder may have been $1 off of the reserve. So a second chance offer is useless.
On Dutch bids you will screw your self because it will zoom up on you even if you are the only bidder. I have had a lot of bidders with all of these issues and IT is just a mess to deal with.
posted on December 5, 2007 07:24:46 AM new
I think it's EBay's fault. After you bid, you get confirmation, it goes something like this: "Congratulations! You are high bidder but you could still be outbid...". I think newbies think they'd better bid again and again
-------------------------------------
posted on December 5, 2007 08:07:03 AM new
I see it sometimes on my auctions. And I've done it a couple of times, wanting an item for our museum so badly that I keep upping my reserve price if I won't be home in the final hour. (But I can see how it could be abused by unethical sellers.)
_____________________
posted on December 5, 2007 08:14:07 AM new
It is not just newbies who do it. More experienced buyers do it also. If you put in the bid for the listing price, and no-one else bids, you get it for that. If someone is trying to bid at the last minute and they have put in more that one bid, it can take a while to discover that you have been outbid.
