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Online auction strategy
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timis
Posted 2/28/2021 14:30 (#8863897)
Subject: Online auction strategy


Iowa
I’ve bought some stuff online before - usually if I’m willing to spend say 2500 I may put 2000 in on max bid and watch it as the time comes closer. Seen some tractors and other 20-40k items with 5-6 days left and the bid at like 1500-3000, so it’s dirt cheap. Are these people putting in a price just to mark an item they’re watching, or are they just hoping nobody sees it and it goes that cheap? Just really noticed it on an item - had 35 bids and was $3500, I’d guess it to end between 30-35k.
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