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Imagine the next time you join a discussion about auctions for eBay. When you start sharing the fascinating auctions for ebay facts below, your friends will be absolutely amazed. In case you don't have any eBay account, then click here for FREE eBay registration. Over the years, eBay has introduced all sorts of different auctions for eBay, in an effort to give people more options when they buy and sell their things on eBay. There are many people who don’t like the idea that their item might sell for a far lower price than they intend. Equally, there are people who have hundreds of the same item and don’t want to sell them individually. Here are different auctions for eBayFixed Price (‘Buy it Now’) AuctionsSome buyers like this because there is no bidding wars and no waiting till the end the auction. 'Buy it Now' auctions can work in one of two ways. A seller might add a Buy it Now button to a normal auction, meaning that you can choose either to bid normally or to simply pay the asking price and avoid the whole bidding process. Some sellers, though, now cut out the auction process altogether and simply list all their items at fixed price. Recently, eBay added a twist to fixed price auctions: the ‘best offer’. This means that you the buyer can negotiate a price to someone who offers their items using Buy it Now, which could be a great way to get a bargain on things that don’t seem to be selling. If you are serious about buying an item, then make a reasonable offer and you might get a great bargain! Fixed price auctions are easy to spot, as they have a little ‘Buy it Now’ logo either next to or instead of the current number of bids on the search listings page. Regular Auctions These auctions on eBay are the most commons ones. These are the bread-and-butter of eBay, the auctions everyone knows: you bid, others outbid you, you outbid them, and the winner gets the item. That's it. Reserve Auctions Reserve auctions are for sellers who don’t want their items to sell for less than a certain price a concept you’ll know about if you’re familiar with real auctions. They work just like normal auctions on eBay, except that you will be told if your bid has not met the reserve price set by the seller. If no-one is willing to meet this price, then the auction is cancelled, and the seller keeps the item. Just to summarize reserve auctions - if the bidders don't meet the reserve price, then the seller is not under any obligation to sell the item. Some seller make an offer to the highest bidder but there is no rule binding the seller to make this offer. You can spot these auctions by looking out for ‘Reserve not met’ or ‘Reserve met’ written next to the current bid on an item’s description page. Dutch Auctions These are auctions where a seller is selling more than one of a certain item. Dutch auctions can be done by bidding. Buyers bid a price and say how many items they want, and then everyone pays the lowest price that was bid by one of the winning bidders. If you have trouble getting your head around that, then don’t worry everyone else does too! These auctions are very rare. The dutch auctions are confusing to some eBay buyers. One way to look at it is that you are bidding on only one item unless you specify why placing a bid. What is more common is when a seller has a lot of one item, and lists it using a combination of two auction types: a multiple-item fixed price auction. This just means that they say how many they have, and offer them at a fixed price. You can enter how many you want and then just click Buy it Now to get them. It never hurts to be well-informed with the latest on auctions for ebay. Compare what you've learned here to future articles so that you can stay alert to changes in the area of auctions for ebay. Now that you know more about auctions for eBay, get an eBay account at FREE eBay registration. If you already have any ebay account, then use our eBay search tool to eliminate errors. |
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