View Single Post
  #83  
Old 08-21-2025, 05:31 PM
Leon's Avatar
Leon Leon is offline
Leon
peasant/forum owner
 
Join Date: Mar 2009
Location: near Dallas
Posts: 36,293
Default

Quote:
Originally Posted by Rhotchkiss View Post
Agreed. You can still put in your max or snipe bid and, if higher than the next increment, you will be autobid to the next increment. Here is a real life example of why/how it could work and be good:

Last night I wanted to win a Willie mays “the catch” ticket. With one minute left, it was at $5100. I put in my “snipe” max bid of $6559 with 4 seconds left. Turns out I was outbid by one increment by another sniper at $6659. However, given the chance, I likely would have bid another one or two times, but I was not given the option; the auction just ends.

So, the snipes work their way into out, establishing a high bid for extended bidding and then people can go back at it, in two minute increments, after that. Nothing but good for sellers. As a buyer, those wanting to get a deal from the auction ending absolutely may be harmed, but those buyers like me last night will be happy to be given another opportunity

One last thing- the customer is the seller, not the buyer. The job of an auction house is to maximize the price the seller gets. Fact. People always complain about changes that benefit the AH, who make a commission off the sale, or benefit sellers, but the seller is exactly who the AH is working for, not the buyers.
All of that is true, but I stay glued to my computer with the Auction Houses so much, I don't want to stay glued to Ebay....Just set the snipe and be gone. But I guess if there is something I can't live without (rarely) I will play. "Stuff" trumps a little annoyance.
.

.
__________________
Leon Luckey
www.luckeycards.com
Reply With Quote