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Online bidding - Steffes in particular
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JRthefarmer
Posted 7/13/2020 15:59 (#8371538 - in reply to #8371111)
Subject: RE: Online bidding - Steffes in particular



SESD
If I had a max bid of 102k, and the sprayer sold for 102k, it is me who owns it no matter if another bidder matched my max bid, I am still the winning bid. IIRC, when I bid and another bidder has a max bid in equal to my last bid, the page says there was a previous max bid placed. It is also a way to chase a piece up. When you bid and the max bid is higher than your bid, it automatically makes 2 bids. Like the bid is at 1000, I bid 2k, but the bid is now 3k because the other bidder had a max if 5k. If I bid 4k, the other bidder would have it at 5k. If I bid 5k, the bid is now 5k, but the other bidder is still the winning bid. I now know I have met his max bid because it didn't automatically raise another bid. But when you use the max bid, it will raise it like at a live auction until the max is reached.

Edited by JRthefarmer 7/13/2020 16:03
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