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<blockquote data-quote="Petras" data-source="post: 443786" data-attributes="member: 216"><p>What NDSportsman said.... Ebay is set up the exact same way.... put in your max bid, but the current bid only goes up whatever the required increment is.... that way you could possibly get the item for less than the max you are willing to spend... No different than going to a live auction looking to buy a shotgun for up to $800... If the bidding opens at $200 you aren't gonna just call out $800 right off the bat... you are gonna try to get it as cheap as you can... </p><p></p><p>I don't imagine the seller would be going in and placing bids on their own items... if they did and they were the high bidder at the end, they'd likely have to pay a fee to the auctioneer for the sale price of the gun even though their bid was the high bid and they didn't sell the gun... usually when a seller has a minimum price they want for an item they set a reserve....</p><p></p><p>ETA- what I would find suspicious is if you set a max price, and somehow someone ran your bid up to your max price and stopped... example: your max bid is $800, current bid is at $250, then all of a sudden someone bids you up to the $800 and stops.... to me that would seem a bit suspicious, like maybe if someone in the background could see what your max bid is and push it.... That would be risky though as if it happened too many times people would start to questiont he legitimacy of the auctioneer.... thats not good for business...</p></blockquote><p></p>
[QUOTE="Petras, post: 443786, member: 216"] What NDSportsman said.... Ebay is set up the exact same way.... put in your max bid, but the current bid only goes up whatever the required increment is.... that way you could possibly get the item for less than the max you are willing to spend... No different than going to a live auction looking to buy a shotgun for up to $800... If the bidding opens at $200 you aren't gonna just call out $800 right off the bat... you are gonna try to get it as cheap as you can... I don't imagine the seller would be going in and placing bids on their own items... if they did and they were the high bidder at the end, they'd likely have to pay a fee to the auctioneer for the sale price of the gun even though their bid was the high bid and they didn't sell the gun... usually when a seller has a minimum price they want for an item they set a reserve.... ETA- what I would find suspicious is if you set a max price, and somehow someone ran your bid up to your max price and stopped... example: your max bid is $800, current bid is at $250, then all of a sudden someone bids you up to the $800 and stops.... to me that would seem a bit suspicious, like maybe if someone in the background could see what your max bid is and push it.... That would be risky though as if it happened too many times people would start to questiont he legitimacy of the auctioneer.... thats not good for business... [/QUOTE]
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