Reply to "new & insecure"

rickMember

quote:
Is there some other kind of auction deal where they never lose?

Kathy,

The only one I’ve ever encountered is to bid more than anyone else thinks the item is worth (bid more than anyone is willing to pay). You won’t get very many deals, but you’ll make the sellers happy. Of course, it’s hard to lose an auction if you take advantage of a BIN.

A rule of thumb: if you are winning almost all of your auctions, you are probably paying too much, or more than you need to.

One thing to remember (this comes up a lot on this forum) is that patience pays off. If you lose an auction, the item is bound to turn up again, and after time, the deep-pocket bidders are eliminated from the bidding, unless they are looking for more than one of the item.

Also, a lot of people recommend odd bid amounts (you could spend a lifetime trying to come up with the oddest bid amount), and that seems to help.

10/12/056:37 AM

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