ebay .. outbid ... what the point ?

[goldoni]

I put one of my domains ard.co.uk up for sale on Ebay on a 15 day listing it sat at £25 for 14 days and got to £26 two hours before close of auction. It then jumped to £253.00 but it did not hit the reserve I had set. I had one guy phone me at the start and offered £200.00 too sell the domain out of Ebay, he also emailed me, then when the auction closed he phoned me again and offered the £253 closing bid. I didnâ₠¬Ã¢â€žÂ¢t sell it to him, I may put it back on Ebay with a lower reserve price, but the point of posting this info was it all took place in the last two hours. I did make one big mistake by having it end on a Sunday; I think it may have got a few higher bids with an end mid week?

[andygrif]

I think it depends on what your're selling. If it's something business related then it would make sense to have it end during the working week and in office hours.

If you're selling CDs then the weekend is the best time, I had mine end around 7pm on a Sunday evening, as most people would be at home at that time.

[DrAwesome]

I looked at the Ebay bidding section & although it mentions proxy bidding (Learn More: Don't get outbid again! Let eBay bid on your behalf with proxy bidding) i think this is pointless why not show the most price the buyer is willing to pay instead of the minimum after all the seller doesnt recieve the lowest amount that other buyers see when they are prompted to make another bid.

Also another noticable worrying thought i have noticed sellers asking for payment by Personal cheque, Postal Order or Banker's Draft what protection does the buyer have of getting ripped off especially if the seller has no history of selling/buying.

Also there is nothing stopping a seller asking a few mates to bid on his/her items to purposely push the price up further.

[andygrif]

Wow, you're suspicious!

I think most people are good honest individuals, both sellers and buyers, and that is why eBay works so well.