Other Auction Types

Reserve Price Auctions

• The reserve price is the minimum price a seller is willing to accept for the item
• As a buyer, you will not see the reserve price, only whether the reserve price has been met . Some sellers will list the reserve price in their listing, or you may contact them to ask what the reserve price is, however they may not wish to tell you.
• If the reserve price is not met, the seller is not required to sell the item.
• With a reserved price auction, you bid the same as if it were a regular auction, however note that if your maximum bid is less than the reserve auction price, you will not win the auction.
• Once the reserve price has been met, the highest bidder will win the auction when it ends

Private Auctions

When a seller creates a private listing, the buyer's ID is kept private and does not show within the listing. This type of auction is usually utilized when the item is high-priced or an approved pharmaceutical products, in order to maintain the buyer's confidentiality.

Multiple Item Auction

This type of auction means the seller is offering multiple, identical items. Unlike regular auctions or Lot auctions, this type of auction can have multiple winning bidders. How it works:

• You specify the number of items you would like to bid on (you can only choose 1 or you can choose more than 1).
• You cannot use the maximum bid system on these type of auctions. Winning bidders will pay a price equal to the lowest winning bid. Winning bids are selected in order of bid price per item. For more information, go to Bidding on eBay
• Winning bidders can refuse partial quantities. For example, if you bid on 5 of an item and you only won 3, you can refuse to complete the purchase because you did not win the entire quantity.
• You can click on the "Bidders" list link to view current bid prices. Bids that are currently not winning show their bid prices, and winning bids show the price they would pay if the auction ended now.

Buy It Now

Buy It Now allows you to skip the auction process and buy it right away. This way you don't have to wait until the end of the auction and you ensure that you win the auction. Here's how it works:

• Determine whether you are willing to pay the Buy It Now price for the item. Keep in mind that the shipping and handling charges are not included in the total price listed. If you have questions about the total price, contact the seller.
• Click on the Buy It Now button at the bottom of that item's page and enter your login information.
• The next page will show you a Buy It Now confirmation message where you can choose your payment method.
• Pay for the item and the seller will ship it to you as indicated in the terms of the "auction".
• Keep in mind that Buy It Now is only shown until an item receives it's first bid, or for a Reserve Price Auction, when the reserve is met. So if this is something you should act on quickly if you don't want to miss out on the Buy It Now option.
• In order to qualify to use Buy It Now to purchase an item, you must have feedback greater than or equal to 0.
• You must have either a credit card (or debit card) listed in your profile or ID Verify.

Best Offer

This option allows sellers to receive offers from multiple buyers that can be accepted or let expire. The difference in this and a regular auction is that the seller can use their own discretion as to what offers to accept and has more control, instead of an automatic highest winning bid. Here are some more details:

• Each Best Offer is binding, just as a regular bid is, and is good for 48 hours.
• Once the seller receives a best offer, they can accept in close the listing, decline the offer, allow the offer to expire on it's own in 48 hours or come back with a counteroffer.