What`s the deal with all these people bidding up the prices of discs on ebay way early, only never to bid again. Its starting to drive me crazy. Just a bunch of lookey loos driving up prices. Why can`t they figure out what they are doing and just wait until the last day or just stop it all together. AARGHHHH!
rrps
Dec 06 2004, 02:22 AM
Looks like someone needs to call the whaaambulence. Maybe the'll stop by the 7-11 and pick you up a chocolatey Boo-Hoo.
mf100forever
Dec 06 2004, 02:26 AM
I�m one of those people you�re writing about.
I�ll put in a bid and it�s the amount that I`m prepared to pay for the item, and that�s that! Works most of the time. ;)
Ive heard the whambulance, but not the chocaltely boo hoo. good one. Im talking about people that think theyre gonna get a brand spanking new first run ce valk for 30 bucks the first day its listed. If thats you, youre seriously delusional and I highly doubt if that ever works, let alone usually works. It only benefits the seller, and dont understand the reasoning. If I`m the seller than I would think it rocks. Anyway, just a rant.
gnduke
Dec 06 2004, 04:05 AM
Whether I put in my highest bid on the first day or the last, it is still what I'm willing to pay, and you will have to beat that price to win that disc.
Do you want to keep false hope alive until the final few minutes, or see the prices early ?
mf100forever
Dec 06 2004, 05:15 AM
Gnduke, well said !!!
Ive seen several instances where if someone where to wait until the last day they would have saved themselves considerable amounts of money. They just drive up the price against numerous not so serious bidders. I personally wait to throw my hat into the ring until the last day to avoid the lookey loo window shoppers. Just my opionion, but I guess I`m in the minority here. Thats why I started this post, to figure out why people bid so early. Thanks for the input.
dickybird
Dec 06 2004, 09:04 AM
I also place my bid and stick with it. It could be the first day, second day, whatever. The ones who **** me off are the snipers who wait until the last 30 seconds to place a bid, either taking the disc at the last second or driving the cost up.
I too,am one of the ones you are talking about. I bid a quarter or 50 cents over early so I have the listing and don't have to search for it later. Also,if there are no bids,some sellers will pull the item off and nobody wins.
tafe
Dec 06 2004, 10:12 AM
Try the link that says "Watch this item" It gets listed on your My eBay page, so you don't have to look for it later.
Usually if no one bids, it gets re-listd at a lower price.
BTW, I am a sniper :cool:. Is there some reason I should give anyone else a chance to outbid me?
flynvegas
Dec 06 2004, 10:49 AM
Try the link that says "Watch this item" It gets listed on your My eBay page, so you don't have to look for it later.
Usually if no one bids, it gets re-listd at a lower price.
BTW, I am a sniper :cool:. Is there some reason I should give anyone else a chance to outbid me?
Ditto! I'm frisbeeviper, a 20 second sniper. Last second bid will not allow me enough time to get into a bidding war, and if I win it's for a price I'm willing to pay. Watch list is good for items you just want to see how much they sell for as well.
ChunkyleeChong
Dec 06 2004, 10:53 AM
I dont want to live in a world without snipers!LOL
I snipe also,and i appreciate my auctions being sniped.Bottem line is to just bid what you want to pay for the item.I know disc sellers must appreciate my snipes because nice plastic means a lot more to me than some stanky old germ infested money ever will
Ive seen several instances where if someone where to wait until the last day they would have saved themselves considerable amounts of money. They just drive up the price against numerous not so serious bidders.
That is only true if one assumes that the not-so-serious bidders will not get lured into a bidding war.
I put myself through grad school, in part, by working as a buyer's agent at estate and bankruptcy auctions, and I can tell you for a fact that a buyer's agent's worst nightmare is to have the bidding on a desirable item start too low and end up in a bidding war with one or more casual bidders, because, as often as not, casual bidder either do not know the value of the item they're bidding on, or they do not have the discipline to stick to their pre-determined bid limit (assuming they even have one); and once they get caught up in the "thrill of the chase," winning the item becomes more important than the price they have to pay to win it. (That's why in a live auction, if the bidding is stepping up in $10 increments and a casual bidder hesitates�auctioneers can spot the casual and the serious bidders a mile away�the auctioneer will try to keep him/her in by saying something like, "Why not? It's only money," and if the bidder still refuses to come, will cut the bid increment in half to try to induce the bidder to stay in the game.) Either way, it's the casual bidders who drive up prices.
To counter that, a serious bidder will always attempt to set the "entry" bar high enough to discourage casual bidders from getting in in the first place. It's like going "all in" in poker: you're letting people know you're serious about the item, that it's going to cost them real money, and they need to think hard about whether or not they want in on the action. That strategy may cost you more than it would have otherwise on any given item, but it can save you much more in the long run, because once you have a track record, auction regulars will come to recognize you as a serious bidder, and will get out or stay out of the bidding on items you bid on.
(BTW, if you're ever in at a live auction and get caught in a bidding war with a buyer's agent, don't try to punish him/her by driving up the price, because by the time you get around to doing that, s/he's been reading your "tells" for the last 5-6 rounds, and you're about to get stuck holding the bag.)
This is a sily thing to gripe about, in my opinion. It is just part of an auction scenario. You will just have to deal with it, or stop putting things up for bid.
Plus there is already a rant thread. I have used it myself, when I just wanted to grip about things nobody could do anything about, in stead of starting my own, whoa is me thread.
-thread police wanna be
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I put myself through grad school, in part, by working as a buyer's agent at estate and bankruptcy auctions...
(BTW, if you're ever in at a live auction and get caught in a bidding war with a buyer's agent, don't try to punish him/her by driving up the price, because by the time you get around to doing that, s/he's been reading your "tells" for the last 5-6 rounds, and you're about to get stuck holding the bag.)
Personal experience? Must've been an interesting job. What's your tell?
Being a seller on Ebay I like early bidding. See I pretty much start the disc at my break even point in hopes of it getting bid up so I can make a couple bucks. Alot of times I'll have alot of watchers and no bidders and when the auction ends someone throws in the starting bid at the last minute - smart for the buyer but it sucks for me. I will tell you I'm not getting rich off this and I give alot back to the sport - more than I've made so far.
(BTW, if you're ever in at a live auction and get caught in a bidding war with a buyer's agent, don't try to punish him/her by driving up the price, because by the time you get around to doing that, s/he's been reading your "tells" for the last 5-6 rounds, and you're about to get stuck holding the bag.)
Personal experience?
Nope, but I certainly clowned my share along the way. (As a matter of professional courtesy, and enlightened self-interest, buyers' agents don't bid up other agents. It may be satifying to do so in the short run, but the world of buyers' agents is fairly small and word gets around quickly, and you can find yourself on the receiving end of other agents jumping in and bidding up the price on every item you bid on in every auction for months on end.)
Must've been an interesting job. What's your tell?
How much are you willing to pay to find out?