Quote:
Originally Posted by Scott McD
That's what i do. I make a decent offer to begin with, and hope some people lose interest. If they see it at a higher price with a few days to go, they'll just look elsewhere.
If they see that it's still cheap with only a few hours to go, it keeps everyone interested, and the bidding lasts right up to the last seconds, pushing the price up past what it should be...  |
Yep, that's exactly what happenes to me when I wait till the end.
I paid $100 for something at the end but I think if I could have run the bid
up to $60 with 3 days left I would have probably gotten it for $60-$75.
Running the bid up early gives people time to think if they want to spend
that much and plenty will say no. At the end they aren't thinking very clearly
because they've convinced themselves that they are going to win.