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#1
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As much as REA is beloved by most folks, one thing with REA that drives me nuts is the bidding increments from $500 - $1,000. Every other auction house goes in $50 increments in that range, but REA goes in $100 increments.
So if the bid is $500 on an item, you have to go to $600. So it even further amplifies the issue originally posted about. Granted, many REA items are over $1K so this only impacts lower priced items, but it really starts to bring bidding strategies into play for items in that price range using REA's structure. |
#2
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Great topic. I agree as a buyer I set a price in my mind and that's what I stick to so if the increment is above that I won't go to the next bid. To me auction houses should let you bid in smaller increments.
__________________
SELLING 1934 GOUDEY PARTIAL SET---CHECK OUT THE THREAD IN B/S/T |
#3
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I'll bet most who actually sell on Ebay, wishes the increments were a little further apart. Especially with the instant 1 increment bid tool they have now.
Kind of depressing to see your piece get 10 last second bids, only for it to move up like $4.50 in the process. |
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