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Bidding Overview
(last updated on 5/31/2005 1:07:48 PM)

IMPORTANT: By placing a bid, you are placing a legally binding and irrevocable offer to purchase the item at any price up through your maximum bid amount. If the seller accepts your bid, then you are legally obligated to complete the transaction. Your failure to complete the transaction is a breach of the User Agreement and may be legally actionable by the seller. You must provide a valid email address or User ID with your bid.

In order to provide a high-quality environment for both buyers and sellers, we are very aggressive about terminating the accounts of persons who bid but do not buy. If you win an item but fail to complete the transaction, you can count on your user privileges here being suspended or revoked.

Before you place a bid, you should verify the item(s) you're bidding on and the seller's reputability as best you can. If you have any questions about the item, email your questions to the seller before you bid. Make sure you clearly understand the shipping terms and amounts (who pays?), payment terms (can you pay by personal check, credit card, etc.) and other details. Look at the seller's feedback grade and see how others have interacted with this seller in the past by clicking on this grade. Always check the feedback of the seller first before bidding on an item and read the descriptions of the feedback in addition to simply looking at the seller's feedback score.

You can place a bid when you are viewing the item you would like to bid on. Please place the maximum bid amount you are willing to pay for the item. This amount is kept secret! Our 'AutoBid' feature will automatically make bids on your behalf as other bidders increase the bid price, up to your maximum amount or the necessary preset bid increment to outbid other bidders. All bidding is done with bid increments, which vary from item to item based on system settings. This process is different for Dutch Auctions as explained later. In the case of a tie for the highest bid, the earlier bid takes precedence.

Once you make and confirm a bid, you cannot retract it except in exceptional circumstances. Exceptional circumstances include the seller materially changing the description of the item after you have placed a bid and/or and clear typographical errors in the auction description. Exceptional circumstances do not include bidding or winning a bid on another (perhaps similar) item, not having the budget to pay for an item, changing your mind, etc. Bid carefully!

Our system will automatically email you, subject to the reliability of Internet email, if another bidder outbids your maximum bid. Due to the amount of time it may take for emails to make their way across the Internet you may not receive notification of your bidding status before the bidding is closed for that item. We recommend that you check My Auctions for the Please check the item status regularly close to the auction closing time to ensure you have the opportunity to place a new bid if necessary. We highly recommend that you bid the maximum amount you are willing to pay for the item when you make your first bid, and let our AutoBid system place bids on your behalf./font>st bid, and let our AutoBid system place bids on your behalf.


Related FAQs:
  1. May an unlicensed person obtain a firearm from an out-of-State source if he arranges to obtain the firearm through a licensed dealer in his own State?
  2. How do I contact the seller of an auction?
  3. How do I find the results of an auction?
  4. Dutch Auctions
  5. Get the Contact Information of a Seller
  6. Monitoring your auctions / Checking on status
  7. FFL License Verification
  8. BuyNow! Price for Selling an Item
  9. Problems with a Seller
  10. Feedback Overview

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