if there is a reserve bid and I snipe above that figure, does AS snipe to that amount even thought the bids do not go that high? I hope this makes sense.
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For some reason known to God and eBay alone, when you meet or surpass a reserve bid the amount shown goes all the way up to the reserve amount and not just one bid increment above any other bids. So yes, if you bid more than the reserve amount, and no other bid is as high as the reserve amount, that's what will show. The rest of the amount you bid will be held as a proxy bid.
I just lost a bid. The 'reserve' wasn't met at $100. I sniped above that. Can you explain. I'm p----- off.
Read Steve's prior post. Also, read about reserve auctions on ebay's faq. No need to be p------------ed off at AS. You need to understand more about reserve auctions. This isn't an AS issue. This is ebay's policy.
Hope you'll come back, but with out the "p" and dashes.
Have fun. Most of us do.
Hope you'll come back, but with out the "p" and dashes.
Have fun. Most of us do.
I'm not po'd at AS. My lack of understanding is the source of my frustration. How do I snipe successfully under these circumstances?
Your bid, whatever it was, was still not sufficient to meet the reserve, and not enough to top any prior bids by at least one bid increment. Under those circumstances the bid amount shown will remain where it was prior to your bid. Just because $100 was showing doesn't mean that $100 was either the reserve amount or another bidder's maximum amount.
"I'm not po'd at AS." - Glad to hear that. I should have checked to see if you were friend or foe.
"For some reason known to God and eBay alone ..." - I also struggle with ebay's logic on reserve auctions. I've included the faq text from ebay. Maybe someone knows the reason that reserve auctions work the way they do?
From ebay's faq:
- A reserve price is the minimum price a seller is willing to accept for the item.
- As a buyer, you are not shown the reserve price, only whether or not the reserve has been met.
- The seller is not obligated to sell the item if the reserve price is not met.
- The winning bidder must meet or exceed the reserve price and have the highest bid.
When you're bidding in a Reserve Price Auction, bid as usual, entering the maximum amount you're willing to pay for the item. Watch the label next to the current price to see whether the reserve price has been met. Until you see that the reserve price has been met, there have been no successful bids in the auction. Once the reserve has been met, the item will sell to the highest bidder when the auction closes.
If your maximum bid is the first to meet or exceed the reserve price, the effective bid displayed will automatically be raised to the reserve price.
"For some reason known to God and eBay alone ..." - I also struggle with ebay's logic on reserve auctions. I've included the faq text from ebay. Maybe someone knows the reason that reserve auctions work the way they do?
From ebay's faq:
- A reserve price is the minimum price a seller is willing to accept for the item.
- As a buyer, you are not shown the reserve price, only whether or not the reserve has been met.
- The seller is not obligated to sell the item if the reserve price is not met.
- The winning bidder must meet or exceed the reserve price and have the highest bid.
When you're bidding in a Reserve Price Auction, bid as usual, entering the maximum amount you're willing to pay for the item. Watch the label next to the current price to see whether the reserve price has been met. Until you see that the reserve price has been met, there have been no successful bids in the auction. Once the reserve has been met, the item will sell to the highest bidder when the auction closes.
If your maximum bid is the first to meet or exceed the reserve price, the effective bid displayed will automatically be raised to the reserve price.
Just to be clear - if I snipe an auction and my bid price is ABOVE the reserve price - will AS bid me up to the reserve price so that I can get the item? I know if it's below I'm SOL.
Thanks for the info :-)
[This message was edited by damdummy on April 30, 2003 at 08:23 AM.]
Thanks for the info :-)
[This message was edited by damdummy on April 30, 2003 at 08:23 AM.]
That's correct. With a reserve auction, if you go over the reserve, the reserve price will be the top bid, regardless of the increment increase caused by the previous high bidder (who was under the reserve), unless the previous high bidder was very close to the reserve. 
??
This is starting to sound like the tax code.
??This is starting to sound like the tax code.
but of course AS will not "bid you up". AS places a proxy bid at snipe time equal to your snipe. eBay processes that bid and determines whetehr it is the highest bid and whether it is above the reserve price. AS does not bid anything that you could not bid yourself.
Now I'm confused!
I just won my first auction with AS. This was a reserve price auction, my maximum was £85 and I won at £84. The next highest bid displayed on the history was £51.
Does this mean that the reserve was £84, or that the next highest bidder bid up to £83 but his other bids were not displayed?
If the reserve was £84, how did I win when AS should in theory have only bid a little higher than the next highest?
End result was excellent but I would love to know how it works.
Ian
I just won my first auction with AS. This was a reserve price auction, my maximum was £85 and I won at £84. The next highest bid displayed on the history was £51.
Does this mean that the reserve was £84, or that the next highest bidder bid up to £83 but his other bids were not displayed?
If the reserve was £84, how did I win when AS should in theory have only bid a little higher than the next highest?
End result was excellent but I would love to know how it works.
Ian
Ian,
"Does this mean that the reserve was £84" - Yes. That's how reserve auctions work. It's a function of ebay.
From AS' faq:
Why did my bid jump so high when other bidders didn’t? Is this because the seller had a reserve?
Yes. When a buyer puts in a bid that meets or is higher than the reserve then the bid automatically jumps to the reserve price. This is just how eBay reserve auctions work and would have happened the same way had you bid directly on eBay.
From ebay's faq:
- A reserve price is the minimum price a seller is willing to accept for the item.
- As a buyer, you are not shown the reserve price, only whether or not the reserve has been met.
- The seller is not obligated to sell the item if the reserve price is not met.
- The winning bidder must meet or exceed the reserve price and have the highest bid.
When you're bidding in a Reserve Price Auction, bid as usual, entering the maximum amount you're willing to pay for the item. Watch the label next to the current price to see whether the reserve price has been met. Until you see that the reserve price has been met, there have been no successful bids in the auction. Once the reserve has been met, the item will sell to the highest bidder when the auction closes.
If your maximum bid is the first to meet or exceed the reserve price, the effective bid displayed will automatically be raised to the reserve price.
"Does this mean that the reserve was £84" - Yes. That's how reserve auctions work. It's a function of ebay.
From AS' faq:
Why did my bid jump so high when other bidders didn’t? Is this because the seller had a reserve?
Yes. When a buyer puts in a bid that meets or is higher than the reserve then the bid automatically jumps to the reserve price. This is just how eBay reserve auctions work and would have happened the same way had you bid directly on eBay.
From ebay's faq:
- A reserve price is the minimum price a seller is willing to accept for the item.
- As a buyer, you are not shown the reserve price, only whether or not the reserve has been met.
- The seller is not obligated to sell the item if the reserve price is not met.
- The winning bidder must meet or exceed the reserve price and have the highest bid.
When you're bidding in a Reserve Price Auction, bid as usual, entering the maximum amount you're willing to pay for the item. Watch the label next to the current price to see whether the reserve price has been met. Until you see that the reserve price has been met, there have been no successful bids in the auction. Once the reserve has been met, the item will sell to the highest bidder when the auction closes.
If your maximum bid is the first to meet or exceed the reserve price, the effective bid displayed will automatically be raised to the reserve price.
Sorry. Just realised my own stupidity and answered my own question.
AS places my maximum bid and lets eBay proxy it. I won for the reserve price because eBay knew the reserve and knew I didn't need to pay more.
Can I now take off my dunce's cap and come away from the corner of the classroom?
Ian
BTW, congratulations to AS on an excellent product, especially with the 'Snipe it now' link which makes it all so easy.
AS places my maximum bid and lets eBay proxy it. I won for the reserve price because eBay knew the reserve and knew I didn't need to pay more.
Can I now take off my dunce's cap and come away from the corner of the classroom?
Ian
BTW, congratulations to AS on an excellent product, especially with the 'Snipe it now' link which makes it all so easy.
Don't feel like that, Ian. We'd rather you ask when you have a question. Compared to some we get yours wasn't bad at all. 