[I apologize if there is a thread on this already; if so, please point me to it!]
So I'm a TOTAL newb to ebay, and I'm trying to figure out how ebay's proxy/automatic bidding system works. I understand that you set a max amount, and that ebay will automatically bid on your behalf in specified increments.
Some specific questions:
1. Will someone who is an automatic bidder always win over a last-minute bid (assuming that the automatic bidder's max has not been reached)?
2. How often does ebay re-bid on your behalf? Immediately? Once every X hours/days?
3. Can you tell if another bidder is using an automatic bid system? If so, is there a way to determine what the other bidder's max is? (This may relate to question 2)
So I'm a TOTAL newb to ebay, and I'm trying to figure out how ebay's proxy/automatic bidding system works. I understand that you set a max amount, and that ebay will automatically bid on your behalf in specified increments.
Some specific questions:
1. Will someone who is an automatic bidder always win over a last-minute bid (assuming that the automatic bidder's max has not been reached)?
2. How often does ebay re-bid on your behalf? Immediately? Once every X hours/days?
3. Can you tell if another bidder is using an automatic bid system? If so, is there a way to determine what the other bidder's max is? (This may relate to question 2)