LumberJocks

E-Baybidders-makemyheadItch !??

  • Advertise with us

« back to Hand Tools forum

Forum topic by TheTurtleCarpenter posted 09-10-2015 10:42 PM 1469 views 0 times favorited 40 replies Add to Favorites Watch
View TheTurtleCarpenter's profile (online now)

TheTurtleCarpenter

823 posts in 526 days


09-10-2015 10:42 PM

Just a little rant. Why not put an item in your watch list and wait to do your bidding on the last day or hour ? Case in point, an item is listed on a 7 day auction and in the first day and a half it has reached its worth. Don’t get me wrong, this is good for a seller but as a buyer I think this works against getting a decent bargain and your favor.

-- "Tying shoelaces was way harder than learning to Whistle",,,,,member MWTCA area K. Kentucky


40 replies so far

View TheFridge's profile

TheFridge

5764 posts in 947 days


#1 posted 09-10-2015 11:00 PM

If it’s really worth it and someone really wants then someone else is gonna pay to take it from them.

-- Shooting down the walls of heartache. Bang bang. I am. The warrior.

View AZWoody's profile

AZWoody

693 posts in 684 days


#2 posted 09-10-2015 11:02 PM

You’re also assuming it’s a bidder and not the seller or a friend trying to get the price up.

Wouldn’t surprise me if that was the case.

View Daruc's profile

Daruc

459 posts in 593 days


#3 posted 09-10-2015 11:07 PM

I haven’t bought off of ebay in a long time but,
what I used to do is figure the “maximum bid” I would pay, enter it, and not worry about it again.
If I won, I’m happy cause it’s what I was willing to pay, If I didn’t then it wasn’t meant to be.
No Drama

-- -

View TheTurtleCarpenter's profile (online now)

TheTurtleCarpenter

823 posts in 526 days


#4 posted 09-11-2015 12:40 AM

@woodust,, exactly !! The item in question is very rare and I just wouldn’t show my interest till the end, so as to not create interest. Figure what it’s worth to me and make my max bid at the end. I guess I’m more in tune to a silent bid and let the cards fall

-- "Tying shoelaces was way harder than learning to Whistle",,,,,member MWTCA area K. Kentucky

View lateralus819's profile

lateralus819

2236 posts in 1350 days


#5 posted 09-11-2015 12:47 AM

I love early bidders. When I’m selling that is.

Items I really want I snipe at the end. I place the max I’m willing to pay 3 seconds before closing. Can’t count how many time’s I’ve won and lost that way. Works like a charm.

View theoldfart's profile

theoldfart

8077 posts in 1912 days


#6 posted 09-11-2015 12:54 AM


Items I really want I snipe at the end. I place the max I m willing to pay 3 seconds before closing. Can t count how many time s I ve won and lost that way. Works like a charm.

- lateralus819

Ditto

-- "With every tool obtained, there is another that is needed" DonW ( Kevin )

View BurlyBob's profile

BurlyBob

3652 posts in 1726 days


#7 posted 09-11-2015 02:20 AM

Yup, done the same thing if I’m really interested. I’ve also done it like woodust if I’m going to be away for a while or only marginally interested.

View TheTurtleCarpenter's profile (online now)

TheTurtleCarpenter

823 posts in 526 days


#8 posted 09-11-2015 02:59 AM

I don’t call it snipeing,, I call it dropping the Hammer !! But, you do have to know your equipment. My I pad thru my Wifi has a delay which has caught me a couple times, , I can’t drop the hammer under 4 sec.

-- "Tying shoelaces was way harder than learning to Whistle",,,,,member MWTCA area K. Kentucky

View AlaskaGuy's profile

AlaskaGuy

2406 posts in 1770 days


#9 posted 09-11-2015 03:22 AM

The thing about auctions is if you win it means you were willing to pay more money than anybody else. How is that a bargain????

-- Alaskan's for Global warming!

View TheTurtleCarpenter's profile (online now)

TheTurtleCarpenter

823 posts in 526 days


#10 posted 09-11-2015 03:46 AM

Auctions can go both ways. If your bidding and several people are interested I doubt you could call that a bargain. But the last auction i won there were no other bidders and I came away with 2 nice saws at a bargain !

-- "Tying shoelaces was way harder than learning to Whistle",,,,,member MWTCA area K. Kentucky

View Don W's profile

Don W

17958 posts in 2028 days


#11 posted 09-11-2015 11:15 AM



I don t call it snipeing,, I call it dropping the Hammer !! But, you do have to know your equipment. My I pad thru my Wifi has a delay which has caught me a couple times, , I can t drop the hammer under 4 sec.

- TheTurtleCarpenter

I use gixen.com. I set my max bid, it snipes for me. It used to work really well, but now that every one is sniping, your less likely to get a deal.

-- Master hand plane hoarder. - http://timetestedtools.net

View TravisH's profile

TravisH

452 posts in 1396 days


#12 posted 09-11-2015 11:30 AM

I don’t get too upset on bidding. Like others I place my max bid and let it ride. Can we even use the term snipes any more if everyone is using these programs…...

Bottom line you aren’t winning anymore because you got your bid in before someone else…you just paid the most.

View Tennessee's profile

Tennessee

2410 posts in 1975 days


#13 posted 09-11-2015 11:45 AM

As a seller on eBay, (and occasional buyer), there seems to be a variety of bidding techniques, most of which don’t work very well. There are some selling techniques that work better than others.

On bidding:
Watchers, who try to remember what they wanted, so they put it on their watch list, and if they remember, turn on their computer when the auction is almost over to slide in a bid. A lot of these people seem to forget. I’ve had six watchers on an item and it didn’t sell. Last night I just sold a HVAC mechanics thermometer for a nice profit when one watcher put in a bid five minutes before it ended.

Early bidders. A seller’s best friend. By setting up your auction with a minimum starting bid that already puts you close or at your minimum selling price, you are in the gravy once these folks put up a bid early in the auction timeline. The downside is that it also kills your Buy-It-Now price, which should always get you a really nice profit. Early bidders tell the world where the transaction is, and how much they need to bid. Things can only go up from there. (for the seller, that is)

Automatic bidders like Wooddust. He puts up the maximum he will pay, but eBay bidding will only show the next level of money, and if he is first, it will only show the starting bid. Most good bidders know to look at the bids and click on the “Automatic Bids” button to show if the bidder is in that category, but it will not show the maximum. But there are some bidders who will “test” the levels, and put in bids one dollar at a time. eBay will tell you when you are the same as the first Automatic Bidder, and then that second bidder can decide whether or not they want to go a little higher. Problem with that is the first Automatic Bidder is now stuck with their maximum bid, which is the most they will pay. If early in the auction, most likely someone else will come along and beat them out by a dollar.

Closers. People who love the last second bidding process. Ebay is right, most bids come in the last few minutes. I cannot tell you how many times I had something up there with a bid that stayed for days, and then at the last two minutes it doubled with four or five bids. I had a rare camera that languished at $12 for days, and in the last five minutes sold for $82.

My buying techniques:
1. Be a Closer or Automatic Bidder. Only ones that make any sense. And Closers can get caught up in the fever and put in more than they wanted. Automatic Bidders can get run up, but at least you have a ceiling.

2. Smart sellers put things up on Thursday nights, starting about 5PM Pacific for ten days. This gives the seller two complete weekends to have people look at their item. Also, if you are a Auction style seller, always put in a BIN, since you never know when someone might pop. Give them that opportunity, but generally make them pay. I never pop on a BIN, unless I know in my heart they screwed up and it is way too low. Grab it… And I never, ever do any bidding on a Sunday night. Just too many people out there bidding, and you almost never get what you want.

3. When I look up an item, there is almost never just one. Look on a weekday and sort them on Ending Soonest. I have found some real gems that people don’t see, and grabbed them when a stupid seller put a starting bid of .99, and I put in a .99 bid one minute before it ended with a poor finish time, like in the middle of the afternoon.

4. Look for people who finish auctions when most of the United States is working. The husband tells his wife to put up his golf clubs for auction so he can buy new ones. You would think they would list them to end on a weekend evening when most golfers would be buying. Many don’t. I’ve snagged a lot of good stuff, some of which I’ve resold for a profit, that ended say, mid-afternoon on a weekday and no one was looking.

None of this if foolproof, but it does change the odds for buyers and sellers.

-- Paul, Tennessee, http://www.tsunamiguitars.com

View bearkatwood's profile

bearkatwood

1194 posts in 472 days


#14 posted 09-11-2015 11:52 AM

Buy it now button is the only way I buy.

-- Brian Noel

View TravisH's profile

TravisH

452 posts in 1396 days


#15 posted 09-11-2015 12:01 PM

I honestly don’t think any of the strategy matters anymore. I think for most with strategy it comes down to this is what they did and won so it much work.

I think a lot of you are thinking of days of old. The world we now live in is devoid of concepts such as weekends, late nights, etc…. for all practical purposes it no longer sleeps, it no longer cares about time, it no longer is concerned with days…..

showing 1 through 15 of 40 replies

Have your say...

You must be signed in to reply.

DISCLAIMER: Any posts on LJ are posted by individuals acting in their own right and do not necessarily reflect the views of LJ. LJ will not be held liable for the actions of any user.

Latest Projects | Latest Blog Entries | Latest Forum Topics

HomeRefurbers.com