I have never seen this before on my snipes. What does it mean?
Another bidder had a proxy bid waiting.
Posted Apr 23 2009 12:54 pm
by Gu***st
Hello,
I will check the log files and see if there is anything unusual.
In the mean time, here is some information on proxy bidding:
The rules of proxy bidding are explained at the link below. It takes some time to get used to them if you are new. Just keep in mind the following.
1. The bid you are entering is a MAXIMUM. Most often you will pay less than you actually bid. See the example below.
2. eBay will only make the bid as high as it needs to be to win the bid, using its own proxy bidding system.
3. When we place the bid, it is exactly as if you placed the bid yourself, manually, 5 seconds prior to closing.
4. You cannot outbid yourself unless someone else's proxy bid comes in between you.
Example. Let's say someone bids $100 on an item, and it brings the price up to $50. If you come in and snipe with $75, then eBay will award you the win, at a price of $75. It will only win at the price high enough to win which beats other bids.