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The auction-style listing is the most common format on eBay and is based on the traditional auction format, where sellers put items up for sale to the highest bidder.
On eBay, there are a number of variations and options for auction-style listings including:
Reserve Price Listing
Private Listing
Multiple Item Listing
Buy It Now
Best Offer
As a buyer, here are the basics of how auction-style listings work:
Search or browse to find an item you're interested in buying.
Review the entire listing and decide if you want to bid. Some things to note are:
When it ends
How many bids have already been placed on the item
Amount of the current high bid
The description (and possibly picture) of the item
Payment methods and postage costs
Enter your bid with the highest amount you'd be willing to pay for the item. eBay will automatically raise your bid only as much as is needed for you to remain the high bidder (for more information, see Bidding on eBay). This means that you may win an item for less than your maximum bid, but you can also be outbid if someone else enters a higher maximum bid.
Note: This automatic system does not apply to Multiple Item Listings.
If you are the highest bidder when the auction ends, you’ll win the item. As the winner, you are obliged to buy the item for the winning bid price.
When a seller creates a private listing, a buyer's User ID does not appear in the listing or in the listing's bid history. Only the seller is authorised to view the buyer User IDs associated with that listing. Examples of when sellers use this format include the sale of high-priced items, or approved pharmaceutical products.
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