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Old 08-14-2011, 11:45 AM
Matthew H Matthew H is offline
Matt Hall
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Join Date: Jun 2010
Location: Los Angeles
Posts: 1,817
Default eBay places house bids against the reserve... sometimes?

Hi, Just a little info for those who may not know. (I didn't know until today)

In some auctions where I've "won" but didn't meet the reserve, I've been offered second chance offers by the seller.

In one case today, eBay placed a bid for me that met the reserve because my max did meet the reserve.



This is directly from the eBay website:

"How bidding works for an item with a reserve price

When you bid on an item with a reserve price, if your maximum bid meets the reserve, it will automatically increase to meet that price.

Example: A seller lists an item with a starting bid of $1.00 and a reserve of $100.00. Bidder A bids $1.50. The current bid increases to $1.50 but the reserve isn't met. If nobody else places a bid, Bidder A does not win the item.

Bidder B places a maximum bid of $150.00. The current bid increases to $100.00 (the amount of the reserve) and the reserve is met. If nobody else places a bid, Bidder B wins the item at the price of $100.00.

Note: If a seller's reserve price isn't met, they might choose to offer the item to one of the bidders using a Second Chance Offer. "



I will post this example when their other auctions end. Don't wan to upset anyone

Edit: I just realized how inaccurate my initial post was... I had forgot that I used a snipe, I am still new to snipes...
Still, this is the first I've heard about meeting reserve with a proxy bid and being bumped up.

Last edited by Matthew H; 08-14-2011 at 12:00 PM.
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