Reply by reggiek

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Posted on e-bay stupidity

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2240 posts in 3266 days

#1 posted 01-20-2011 08:46 PM

Folks can get into a bidding frenzy sometimes…..I’ve seen it happen alot on ebay…..Like when they end up paying $5.00 apiece for pen blanks that are available from Rockler for .90. Either the bidder is not aware of the value of the item….or they are just bidding to win – no matter what. It is also very possible that the owner has someone bidding to inflate the price.

I research the price for things prior to putting any bid on ebay. I decide my maximum price and will not go over this. I will bid at the end of the auction….so as to avoid the bid frenzy and to keep the owner from having someone drive up the price. I’ve gotten a few deals….but I do not buy alot from this venue….I am out of the bidding when folks go over my max price…at that point they are welcome to pay the inflated price

-- Woodworking.....My small slice of heaven!

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