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Post by rockyraccoon on Dec 16, 2006 22:35:24 GMT -5
i put something in my ebay watch and it says i have to sign up to bid, has a "view live" button, and says a "buyer's premium" will be added to your bid. what the heck is that? why is it on ebay if it's not really an ebay auction?
kim
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Post by deb193 on Dec 16, 2006 22:44:04 GMT -5
These are real live auctions by auction houses, with a catalog, scheduled time, and audience/bidders present. Ebay lets you place proxy bids for these events.
The fees do make the items less competetive in my opinion. Still, I bought agate bowls this way because they were not available elsewhere.
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drupe
fully equipped rock polisher
Member since September 2005
Posts: 1,245
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Post by drupe on Dec 17, 2006 5:11:09 GMT -5
Buyers premium means you pay a specified amount over and above the auction price if you win. Also you pay additional S & H charges.
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Post by pho on Dec 17, 2006 8:47:38 GMT -5
It's just another way for them to collect even more fees from customers.
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Post by deb193 on Dec 17, 2006 8:51:55 GMT -5
Well ebay does get more revenu because it means there are more listings, but the seller's fee goes to the seller - not ebay.
Still, I think they should discount fees for advance bids. They shoul dbe glad to have them.
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