HOW TO BID - A Beginner's Guide
REGISTER |
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This auction is FREE
but we do
require that all sellers and buyers be registered. This enables our
software to keep track of items for sale and who bids on what. It
protects both us as auction providers and you as buyer and/or seller.
Registration is simple and painless. Merely click on [New Registration]
here or on the Home Auction Page. |
BIDDING |
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We've gone to great lengths to find
and list items starting at good prices. We hope you'll want to bid on
some of these great auction lots. To get a category list, click
on the Browse Button here or near the top of any auction page.
Click on one of the categories you find interesting. This shows you a
list of specific items. Click on the name of items you'd like more
information about. If you wish to place a bid, enter your bid in the
box below the item, then just click on the "place bid"
button nearby. We suggest that a good strategy for items you really
want is to place the highest bid you are willing to pay. Otherwise,
someone may beat you out. This system accepts proxy
or maximum bids (see
Proxy Bids
below). Should someone outbid you, the system sends you an e-mail
notification with a link back here to the item. Click on the link
right in your e-mail message and you will be returned directly
to the item. You can then decide whether you want to raise your bid.
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RAISING BIDS |
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To raise your bid, go down to the
"place bid" input box below the item's description and enter
your new, higher bid. |
RESERVE BIDS |
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Sometimes (and our system supports
this) a seller enters a Reserve Bid. For
example, his Model Car sells for $100 new. He or she
decides to place a starting bid of on the item but they want to get
at least $80 for it. So a reserve bid of $80 is entered into the
system. In such a case, even if you are the high bidder at, say,
$60--you will not win the item unless you go over . We feel this is
a poor auction strategy and wastes the time of buyers and sellers
alike. We suggest this to sellers: enter the item at the least
price you will accept, with no reserve. |
AUTOMATIC
E-MAIL |
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The system automatically sends the
buyer (highest bidder) and seller of the item e-mail when the auction
ends. The buyer and seller then are responsible for making their own
arrangements to conclude the deal by payment and shipment. This
auction merely offers a venue for buying and selling. We will not, and legally
cannot, be held responsible in any way for any lack of performance by
any and all parties. We simply provide a place that allows people to
buy and sell. HOWEVER, do let us know of any problems. We can and will
banish anyone who abuses our auction. |
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There are several systems of "proxy" bids; i.e. the system bidding
for you automatically. The system in our auctioning software is called "Maximum Bid." Think
of this 'Maximum Bid' as someone who stays and watches the auction 24 hours a day while you're
off doing more interesting stuff. You activate your 'Maximum Bid' by entering the highest
amount you are willing to pay for an item into the "Maximum Bid" box. The system will then
bid for you, bidding only enough to make you the high bidder. If someone tops that bid,
good old 'Maximum Bid' places another bid for you and so on up to the maximum amount you've
specified. Under no circumstances will your 'Maximum Bid' ever bid MORE than what you have
stated. The system will send you an e-mail when you have been outbidded. You can then log
back on and place a new Maximum Bid, if you like.
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