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Tips for Winning Auctions

Tips for Winning Auctions

Here are some tips to consider when bidding:

  1. If there’s a Buy Out option, you can purchase the item right away typically at more than 40% off without waiting for the auction to end
  2. Bid timing. If an item already has several bids, you stand a greater chance of getting the item by placing your highest bid in the closing seconds
  3. If an auction listing has a low starting price or has a reserve price, try bidding up to auction early, so that other bidders aren’t attracted by the low starting price.
  4. Try bidding an uneven amount. Thinking of spending $10.50? Try $10.63 instead. Those extra few cents can make all the difference