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#15
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Posted By: Greg Theberge
For Non-ebay houses, the one thing you always have to be aware of is the bid increment factor once an item gets beyond a specific bid. Sometimes this can be quite substantial. If you have a maximum you are willing to pay for an item, I find it's necessary to get that maximum bid placed fairly early to hold that slot, rather than trying to place that bid at the last minute. All of a sudden, you may find that the next bid increment can be substantially higher than the last bid you placed, even though it was the closest underbid. I don't know if that came out right... |
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