Trade Me bidding?

[SMOKEU]

I just place an autobid as soon as I've made my decision.

[carburator]

and another recent auction was a classic, the ringer ended up winning the auction
( yea was pretty obvious shill bidding ) for $1500.

The twat of a seller in minutes of the auction closing did a FPO for $1800
yet clearly in the feedback of both parties ( good sale bla bla )

Ive seen this tactic from two trademe companies that I have dealt with.
sure auctions in the last five minutes sometimes go off when you have two peaple
get into a bidding war..

put a autobid on for 3/4 the price your going to pay and sit back.. tends to weed out
the tire kickers..

[EJK]

Selling is more fun when it comes to bidding wars.

I once sold an air rifle on Trademe and these two stubborn mofos went on a bidding war... Oh boy, I really enjoyed watching my money "literally" grow... I expected my rifle to sell at around $200 but they both drove it sky high $300+

Just sit back and watch your profit grow.

[HenryDorsetCase]

I was just addressing all the really smart people who think bidding at the last minute on trademe actually means anything. The best way to get something cheap is to stalk people through their feedback, find a phone number and do a deal.

And ebay is awesome, if you arent old and slow.

appalling.

And ebay would be fine ifwe had first world internet speed

[rastuscat]

I was just addressing all the really smart people who think bidding at the last minute on trademe actually means anything. The best way to get something cheap is to stalk people through their feedback, find a phone number and do a deal.

And ebay is awesome, if you arent old and slow.

Auctionsniper.com rules eBay.

[tigertim20]

it depends on the item for me.
sometimes I will put up an auto bid for $500, knowing that I would be prepared to go to $1000, because it gives me the chance to feel out what other autobids etc there are out there, my final bid is usually at the last minute, and usually $20+ more than the last bid, I hat pissing around with auto-extend $1 rises for ever and a day.

judging by that auction, I would say that or-mas has an auto bid going on, and the other bidder (starlet4) is placing bids one at a time to try and find out the other persons auto bid.

[mossy1200]

A good size bid early reduces the people that add it to watchlist and spend the next week thinking about how much they will pay to own YOUR next bike. This is more so when $1 reserve auctions pull alot of small bids that lock the bidder making it impossible to drop the item from their watchlist also. I go in with 90% of what im expecting to pay.

[Berries]

Have never bought anything on Trade Me but that is a nice GSXR. I do hope my wife's user name is diverdave46.

[neels]

I'll bid early to kill the buy now option on a low reserve auction, if I know I won't be at the computer when the auction finishes I'll stick on an autobid, or if I'm fishing for what the reserve is.

Otherwise I wait until it's finishing, and stick a bid in with about 3 minutes to go and see if anyone notices and outbids me.

I had a small bidding war with someone on my drz, gave up when it still hadn't met reserve at around my maximum, and they obviously weren't giving up. About an hour later the seller offered it for $50 more than the other guys highest bid, so I bought it.

[Motig]

I do it cos I can. I get the sense you thought you were going to get a bargain and someone had the cheek to bid on it.

[ellipsis]

...i want to know why the things i put up are which are generally usefull bits dont get a look in at selling yet my missus bids on skiploads of useless shite and wins the fkn lot...

[Hoon]

I'll sometimes start off with a large bid to kill off all the bargain hunters and potentially 'break' any competition. I try to avoid bidding wars as people sometimes get bidding fever and incrementally push the price way past reasonable.

As the auction approaches the 2 min mark I'll check the page counter to see if anyone is refreshing the page. Whereas I refresh the auction from my watchlist, not the actual auction page.

In bidding wars I always use autobids to give away as little info to my opponent as possible.

[Virago]

...Within a day some people have bid up to $2500?
WHY?
All you are doing is driving up the price and you will therefore be paying more for the bike...

Rather flawed logic.

The item will sell to the person willing to bid the most. Whether that happens early or late is immaterial.

The perceived notion that someone who is willing to pay a higher price than you can be eliminated if everyone just holds off, is rather silly.

[jasonu]

I quite often bid stuff up to 15% of reserve if a numpty has put a stupid misleading low "start" price on something he thinks is worth its weight in platinum too.

How do you know if you are bidding to near the (hidden) reserve price?

[neels]

How do you know if you are bidding to near the (hidden) reserve price?

It's not really hidden, when you bid a message comes up if the bid is within 15% of the reserve, so it's possible to go fishing to find approximately what the reserve is without any obligation to complete the sale.