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Mar 25th, 2012
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Online bidding on Gunbroker and other websites #7246193
08/05/18 09:46 PM
08/05/18 09:46 PM
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Texas Dan Offline OP
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What's to keep a seller from placing bids to inflate the final bid, even with the 15-minute Rule in place?

Last edited by Texas Dan; 08/05/18 09:48 PM.

Dan,

Spring, Texas
Re: Online bidding on Gunbroker and other websites [Re: Texas Dan] #7246195
08/05/18 09:48 PM
08/05/18 09:48 PM
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Wise Co.
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Software won't let Seller bid on his own auction.


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Re: Online bidding on Gunbroker and other websites [Re: Texas Dan] #7246210
08/05/18 10:00 PM
08/05/18 10:00 PM
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TexFlip Online content
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Nothing in place to keep a bidder from having another person bid an auction up for them.

Re: Online bidding on Gunbroker and other websites [Re: Texas Dan] #7246230
08/05/18 10:31 PM
08/05/18 10:31 PM
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Only you can raise your bid.

I sell accumlated stuff from the closets on ebay.

Most of the time, there is very little activity until the last few minutes and then the bids can double or triple in a minute.

Re: Online bidding on Gunbroker and other websites [Re: Texas Dan] #7246340
08/06/18 12:47 AM
08/06/18 12:47 AM
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Lubbock, TX
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Originally Posted By: Texas Dan
What's to keep a seller from placing bids to inflate the final bid, even with the 15-minute Rule in place?


There’s only so many times you can list it and have a friend bid it up before you actually need to get rid of the thing and get paid for it.


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Re: Online bidding on Gunbroker and other websites [Re: Texas Dan] #7246491
08/06/18 03:13 AM
08/06/18 03:13 AM
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And you pay as a seller if your item sells. So having a friend drive the price up only works if they lose the auction.

Re: Online bidding on Gunbroker and other websites [Re: Texas Dan] #7246515
08/06/18 03:57 AM
08/06/18 03:57 AM
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Originally Posted By: Texas Dan
What's to keep a seller from placing bids to inflate the final bid, even with the 15-minute Rule in place?

It's certainly easy enough to do from a technical perspective, but you'd be surprised how often you win auctions inadvertently. It's playing with fire. If you "win", you get hit with the listing fees and have to sell the item again. The corollary from the buyer's side is this: know your maximum before you put in your first bid and never pay more than what you think something is really worth.


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Re: Online bidding on Gunbroker and other websites [Re: Texas Dan] #7246648
08/06/18 01:06 PM
08/06/18 01:06 PM
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I have bid on several guns on GunBroker and have yet to "win" an auction. I'm good with that. I also have yet to overpay for a gun. I set the max price I want to pay and then forget about it. If someone else wants it for more, good for them.

It's amazing to me how someone can buy a gun, shoot the heck out of it, and then expect to sell it for what it costs new.

Re: Online bidding on Gunbroker and other websites [Re: Texas Dan] #7246778
08/06/18 02:47 PM
08/06/18 02:47 PM
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Originally Posted By: Texas Dan
What's to keep a seller from placing bids to inflate the final bid, even with the 15-minute Rule in place?


It would be dumb for a seller to bid on his own item. If they won they would have to pay the final value auction fee.


Initial Success or Total Failure

Re: Online bidding on Gunbroker and other websites [Re: TXGUNNER308] #7246884
08/06/18 04:11 PM
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Originally Posted By: TXGUNNER308
Originally Posted By: Texas Dan
What's to keep a seller from placing bids to inflate the final bid, even with the 15-minute Rule in place?


It would be dumb for a seller to bid on his own item. If they won they would have to pay the final value auction fee.


I've read accounts where someone lost out during bidding, only to be contacted by the seller afterwards and told they had two of the item and would sell them the second one at the price of their last bid. Of course we know the smell of such a thing.


Dan,

Spring, Texas
Re: Online bidding on Gunbroker and other websites [Re: Texas Dan] #7246899
08/06/18 04:29 PM
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Originally Posted By: Texas Dan
Originally Posted By: TXGUNNER308
Originally Posted By: Texas Dan
What's to keep a seller from placing bids to inflate the final bid, even with the 15-minute Rule in place?


It would be dumb for a seller to bid on his own item. If they won they would have to pay the final value auction fee.


I've read accounts where someone lost out during bidding, only to be contacted by the seller afterwards and told they had two of the item and would sell them the second one at the price of their last bid. Of course we know the smell of such a thing.


Sellers do not have the ability to contact loosing bidders. Their contact information is not released through GB. There is an exception to this...if the potential buyer contacts the seller to ask a question during the course of the auction.


Initial Success or Total Failure

Re: Online bidding on Gunbroker and other websites [Re: Texas Dan] #7247132
08/06/18 07:28 PM
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I've bid on a lot of guns on Gunbroker, and won 8, I was happy with every one,..I just bid what I was actually willing to pay.

Re: Online bidding on Gunbroker and other websites [Re: Ojai Hunter] #7247186
08/06/18 08:24 PM
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Gunbroker is awesome, if you're patient and watch the non featured items you can get some crazy deals. Also poke around for stuff that was spelled wrong.

Edit: And love the 15 min rule, eliminates all the sniping you get on ebay type sites where people bid at last second.

Last edited by DallasShootingSupplies; 08/06/18 08:25 PM.

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Re: Online bidding on Gunbroker and other websites [Re: DallasShootingSupplies] #7247245
08/06/18 09:18 PM
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Originally Posted By: DallasShootingSupplies
Gunbroker is awesome, if you're patient and watch the non featured items you can get some crazy deals. Also poke around for stuff that was spelled wrong.

Edit: And love the 15 min rule, eliminates all the sniping you get on ebay type sites where people bid at last second.


Popcorn bidding FTW!


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Re: Online bidding on Gunbroker and other websites [Re: DallasShootingSupplies] #7247448
08/06/18 11:56 PM
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Originally Posted By: DallasShootingSupplies
Gunbroker is awesome, if you're patient and watch the non featured items you can get some crazy deals. Also poke around for stuff that was spelled wrong.

Edit: And love the 15 min rule, eliminates all the sniping you get on ebay type sites where people bid at last second.


Yes, it seems you can submit a maximum price and still pay below that price for the item if other bidders don't drive up the bids.

So what happens if someone bids a higher maximum price than you?


Dan,

Spring, Texas
Re: Online bidding on Gunbroker and other websites [Re: Texas Dan] #7247593
08/07/18 01:42 AM
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Originally Posted By: Texas Dan
Originally Posted By: DallasShootingSupplies
Gunbroker is awesome, if you're patient and watch the non featured items you can get some crazy deals. Also poke around for stuff that was spelled wrong.

Edit: And love the 15 min rule, eliminates all the sniping you get on ebay type sites where people bid at last second.


Yes, it seems you can submit a maximum price and still pay below that price for the item if other bidders don't drive up the bids.

So what happens if someone bids a higher maximum price than you?


If you get outbid the clock will start over again if its close to the end in 15ish min increments


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