That "buy-it-now" mechanism doesn't really serve as a price cap. I wish it
would, but ...
What happens is the "buy-it-now" option goes away once a bid, no matter how low
or high, has been placed, and I've seen numerous things auction off at prices
well above the "buy-it-now" price. Perhaps that would work better if folks had
the option available until there was a bid above the "buy-it-now" level, but
that's not the way it works.
Dick
----- Original Message -----
From: "Russ Blakeman" <rhblake(a)bigfoot.com>
To: <classiccmp(a)classiccmp.org>
Sent: Sunday, August 05, 2001 8:51 AM
Subject: RE: Ebay madness
You pay your final value fee based on the closing
auction amount, not on
what you discount it for. Granted the FVF system has a credit system but you
have to know it's there and go thru the motions with it. If they put a crazy
amount up in proxy then they should be prepared to pay anything between the
bottom and top of that. If you want a cap on price you can also post it as a
buy-it-now (same as beginning bid) and that way you tell them from the
beginning that you just want that amount, not anymore than that.
-> -----Original Message-----
-> From: owner-classiccmp(a)classiccmp.org
-> [mailto:owner-classiccmp@classiccmp.org]On Behalf Of Mike Ford
-> Sent: Sunday, August 05, 2001 1:41 AM
-> To: classiccmp(a)classiccmp.org
-> Subject: Re: Ebay madness
->
->
-> >I actually posted my first object on ebay (YES ME!) recently and I was
-> >ashamed a service manual for a Heathkit signal generator (1962) sold for
-> >$17.50US.
->
-> The important point is that you didn't want the manuals, and someone who
-> did now has them PLUS you get some compesation for the time and
-> expense of
-> shipping. You don't have to charge the person the full winning
-> bid amount,
-> several times I have informed winning bidders that the bid was
-> too high and
-> offered a lower price.
->
-> If you want a simpler transaction just box up like items and sell them a
-> box at a time.
->
->
->