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Ebay Newbie Question

Harbormaster
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Ebay newbie here…
Every time I place a higher bid on a watch it says “you have been out bid”? Even when I bid higher than the price that is shown? Any thoughts from the ebay experts?
 
Harbormaster
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I have been trying to take advantage of forum member Dsio’s hard work but can’t figure this out?
 
DrmexicoII
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Harbormaster Harbormaster
Ebay newbie here…
Every time I place a higher bid on a watch it says “you have been out bid”? Even when I bid higher than the price that is shown? Any thoughts from the ebay experts?

It means someone has put a max bid in higher than yours. Ebay only bids up to the highest winning amount rather than the maximum.

E.g. Something is currently £5 with buyer x. However that person actually bid a max of £100. If you bid £10 ebay will outbid you with £15 for buyer x as they've committed up to £100. Only if you bid £105 will you end up winning as buyer x will have reached their committed maximum.

Maximum bids can be edited throughout the bidding process as well.
 
Harbormaster
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Thank you for that. Is there any way to see someone else’s max bid?
 
DrmexicoII
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Harbormaster Harbormaster
Thank you for that. Is there any way to see someone else’s max bid?

Nope! You have to bid what you're happy to pay and see where that gets you.
 
bsowers34
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That's why I don't bid. I look at buy it now price and accepts offers.
 
Harbormaster
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bsowers34 bsowers34
That's why I don't bid. I look at buy it now price and accepts offers.
Do they all accept offers or is it up to the seller?
 
paddymoran
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The best way to keep down sales prices is to bid once at or very close to the end of the auction - it cuts out the tit or tat bidding that simply results in a far higher end price. Decide on your max bid and place your bid at the of the auction. If it’s not sufficient to win the auction so be it.
 
Harbormaster
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paddymoran paddymoran
The best way to keep down sales prices is to bid once at or very close to the end of the auction - it cuts out the tit or tat bidding that simply results in a far higher end price. Decide on your max bid and place your bid at the of the auction. If it’s not sufficient to win the auction so be it.
Thank you…. I’m learning but very slow!! Lol! 😂
 
CBM1590
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paddymoran paddymoran
The best way to keep down sales prices is to bid once at or very close to the end of the auction - it cuts out the tit or tat bidding that simply results in a far higher end price. Decide on your max bid and place your bid at the of the auction. If it’s not sufficient to win the auction so be it.
Spot on advice right here! I figure out what I’m willing to pay and place a bid with my max amount within the last 20 seconds or so. Ives picked up two very nice watches this year with that tactic…and both under the money that I was willing to pay.
 
Dan S
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paddymoran paddymoran
The best way to keep down sales prices is to bid once at or very close to the end of the auction - it cuts out the tit or tat bidding that simply results in a far higher end price. Decide on your max bid and place your bid at the of the auction. If it’s not sufficient to win the auction so be it.
Yep, this is called sniping, and it's what you want to do. But keep in mind that the top bidder probably has a higher maximum bid, and there may be other snipers. So enter your maximum bid in the last few seconds. If you bid less than the maximum you're willing to pay, you may be disappointed.
 
TasMike
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I use sniping software which submits the bid in the last 6 seconds of the auction. It's been very reliable so far and has won me many auctions. The advantage of using the software, rather than sniping manually, is that you can enter your maximum bid at any time (days before) and then leave the auction alone. That way you're not influenced by a bid above your maximum at the last minute. It forces you to stick to your limit.
 
JimInOz
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I agree ^^.
I use Gixen, although there are other sniping apps.
I also use the same approach, i.e.: set my max bid well before the auction is due to end and forget about it.
If you win you win, if you don't.......
 
Davidt
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The most important thing is deciding upon your maximum bid, irrespective of what the current bid is. Bidding often shoots up in the last ten seconds and it’s not a nice feeling watching an auction for a week that kept low, throwing your bid in during the final seconds only to loose out and then think “jeez I would've paid that”.
 
JimInOz
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Harbormaster Harbormaster
Do they all accept offers or is it up to the seller?
Offers on an open auction are risky.
If it's too low, the seller will just tell you to take a hike.
If it's too high, the seller may think they have a hidden treasure and hold out for more.

BIN offers are less of a risk, but most sellers know their lower limit, and again, the above rules must be considered.
 
prokudin
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Harbormaster Harbormaster
Man, I really want that Seamaster Chronostop!! 😁

Were you successful with it? I did not bid on it, the dial looked very nice, but the case appeared a tad too much polished to me. I think it went a little expensive in the end, but whoever wanted it will hopefully like the watch.
 
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