To do so, enter a dollar value into the box your bid and click "Place Bid. Before you decide to bid, however, there are some things you should know:. In a traditional non-eBay auction, bidders frantically place competing bids. When bidding slows to nothing, the auctioneer pounds the gavel and the item is sold. On eBay, auctions are open to bids for exactly 1, 3, 5, 7, or 10 days.
When time is up, the high bidder wins, even if people are still frantically bidding. You must place a bid that is higher than the current bid. Below the bidding box, you'll see the text "Enter some amount or more. You may pay less than your bid if you win. When you win an auction you always actually pay only a small amount more than the next highest bid —even if your bid was thousands of dollars more.
If your bid wins, you must buy. Your bid on an auction is a legally binding contract. If, when time runs out, your bid is the highest, you have purchased the item and must pay the seller for it. Use 1-Click Bid to place small bids.
In the last 15 minutes of an auction you've bid on in the past, you can instantly bid one increment higher than the current bid by clicking the "1-Click Bid" button.
Other bidders may be using the automatic bidding system. Because many shoppers use eBay's automatic bidding system, eBay auctions may not behave in ways that make sense to you. Through the system, eBay will bid automatically on behalf of the high bidder against underbidders. This allows bidders to bid very high while at the same time ensuring that they never pay more than the absolute minimum needed to beat the next highest bidder. Here's how it works:. Productivity See All.
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How can i place an automatic bid? How can i place an automatic bad? Comments 0. Accepted Solutions 0. Some items have a reserve price set by the seller, and this reserve price is not shown to the bidders during the eBay bidding process. This is the minimum price the seller wants for the item, and if the highest bid does not pass this mark, the item is not sold.
If your maximum bid is above the reserve price, eBay automatically raises the highest bid to the reserve price, rather than bidding incrementally as normal. An information technology journalist since , David Nield writes about the Web, technology, hardware and software. Small Business Running a Business Contracts.
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