Ebay and buy it now prob on listing

[MX51ROD]

Most likely in wrong section , but
A couple of times now I have listed items with a buy it now price , at the moment an item is , start £99.99 and BIN £200
At the opening bid of £99.99 the BIN has disappeared , WHY ?

As a result I now get endless "what is your BIN " , followed by silly offers

[Mr2Mike]

This has always been the case with eBay auctions. Once someone has bid on something why should someone else be able to buy the item outright?

[MX51ROD]

Mr2Mike said:

This has always been the case with eBay auctions. Once someone has bid on something why should someone else be able to buy the item outright?

looking through other listings I can now see that is the case , never noticed that before , but why should someone who offers an acceptable stack of readies not be able to have the goods , O well

[TooLateForAName]

Sounds like you want the 'Buy it now' with 'make me an offer' option?

[Impasse]

Or start at 99p with a reserve of £99.99 alongside your BIN.

[bimsb6]

MX51ROD said:

looking through other listings I can now see that is the case , never noticed that before , but why should someone who offers an acceptable stack of readies not be able to have the goods , O well

They can, just outside of the auction site .

[Martin_M]

Mr2Mike said:

This has always been the case with eBay auctions. Once someone has bid on something why should someone else be able to buy the item outright?

Because some people are prepared to buy at a premium to secure the item immediately?

[Mr2Mike]

Martin_M said:

Because some people are prepared to buy at a premium to secure the item immediately?

In that case the OP is free to list the item as a fixed price/classified with "best offer".

If you were in an auction house, leading the bidding on a car/house/valuable antique etc. would you be perfectly happy if the auctioneer suddenly ended the auction because someone exercised the "buy it now" option? It's entirely fair and right that the BIN option disappears when bidding has started.

[Sump]

Mr2Mike said:

This has always been the case with eBay auctions. Once someone has bid on something why should someone else be able to buy the item outright?

Because they are willing to pay the asking price

[Piersman2]

Mr2Mike said:

Martin_M said:

Because some people are prepared to buy at a premium to secure the item immediately?

In that case the OP is free to list the item as a fixed price/classified with "best offer".

If you were in an auction house, leading the bidding on a car/house/valuable antique etc. would you be perfectly happy if the auctioneer suddenly ended the auction because someone exercised the "buy it now" option? It's entirely fair and right that the BIN option disappears when bidding has started.

I'm with the OP on this one. If , in the example above, the house had a BIN clearly advertised at the start of the auction it sets an upper limit that you might like to gamble against by bidding, or be willing to pay and purchase directly outright.

As the auction progresses, first one to crack and exercise the BIN option gets the house. Those looking for more of a bargain may wish to let the auction run to see if it ever reaches the BIN. It might not and they get a saving against the BIN.

[Mr2Mike]

Piersman2 said:

I'm with the OP on this one. If , in the example above, the house had a BIN clearly advertised at the start of the auction it sets an upper limit that you might like to gamble against by bidding, or be willing to pay and purchase directly outright.

As the auction progresses, first one to crack and exercise the BIN option gets the house. Those looking for more of a bargain may wish to let the auction run to see if it ever reaches the BIN. It might not and they get a saving against the BIN.

You mean completely changing the way auctions have always been run?

[Sump]

Mr2Mike said:

Piersman2 said:

I'm with the OP on this one. If , in the example above, the house had a BIN clearly advertised at the start of the auction it sets an upper limit that you might like to gamble against by bidding, or be willing to pay and purchase directly outright.

As the auction progresses, first one to crack and exercise the BIN option gets the house. Those looking for more of a bargain may wish to let the auction run to see if it ever reaches the BIN. It might not and they get a saving against the BIN.

You mean completely changing the way auctions have always been run?

You're acting like ebay is even a real auction.

[teeceeee]

the best way is to set a reserve at say 75% of the buy it now...

then the buy it now stays available until the reserve is met...

[RicksAlfas]

If you use BIN, you can allow "Make me an offer" and I believe you can automate the offer price you will accept.

So you can have a BIN of £200 but if anyone offers anything over say £175, it's sold.

[Mr2Mike]

Sump said:

You're acting like ebay is even a real auction.

It's real in the sense that the highest bidder wins, and the final price is not known before the auction ends.

Quite simply if you can buy something for a fixed price then it's not an auction. If you are bidding on something at auction then it makes a mockery of the process if there is a fixed price on the item.

It's a very simple concept, so why are people having difficulty comprehending this?

Edited by Mr2Mike on Thursday 19th June 13:53

[MX51ROD]

Result ! I have been offered an acceptable stack of cash for the item , the highest bidder had clicked buy it now at the same time mas a starting bidder , the BIN bid was turned into a maximum bid so in effect the highest bidder has won AND I have my BIN , strictly its against ebay rules to end early , but what the hell !!!

Errr the item appears to be damaged and is now unsellable