OneBidd.com Online Auctions

FAQ's for Welcome to OneBidd.com Your New Auction Site

(Frequently Asked Questions)

Table of Contents

1. Who determines the minimum or starting bid?
2. What is the Bid Increment?
3. Okay, what are Proxy or MaxBids?
4. What does using this auction cost and how do I qualify?
5. How do I bid?
6. What are Reserve Bids?
7. How do I Post an item for sale?
8. How do I find out more about a posted item?
9. How do I know I'm getting a good deal?
10. How do I know I won?

Who determines the minimum or starting bid?

The seller (the person who posted the item) decides what he or she wants the bidding to begin at. Usually this is (and should be) just below the lowest price acceptable for the item. If you bid, the system will ask you to bid the starting price PLUS the Bid Increment. Sellers are encouraged to start items at a reasonable amount and not absurdly high. Buyers like the auction process because it allows bargain shopping. If an item is priced right, people recognize the bargain and bid on it.
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What is the Bid Increment?

The Bid Increment ($1 is the default increment) raises the bidding each time by that minimum amount (you can always bump it up even higher). The purpose of the bid increment is to keep someone from outbidding you by some silly amount like $.01. It protects you and assures the seller of getting a decent return if the item is hotly contested.
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Okay, what are Proxy Bids?

Proxy bidding allows the system to bid for you automatically. Think of Proxy bidding as someone who stays and watches the auction 24 hours a day while you're off doing more interesting stuff. You activate Proxy Bidding by entering the highest amount you are willing to pay for an item into the place bid box. The system will then bid for you, bidding only enough to make you the high bidder. If someone tops that bid,our system places another bid for you and so on up to the maximum amount you've specified. Under no circumstances will Proxy Bidding ever bid MORE than you said. But the system will send you e-mail about an outbid so you can enter a higher Proxy Bid amount if you'd like.
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What does using this auction cost and how do I qualify?

This auction requires that all sellers and buyers be registered. This enables our software to keep track of items for sale and who bids on what. It protects both ourselves as the auction providers and you as buyer and/or seller. Registration is simple and painless. Merely click on [New Registration] here or near the top or bottom of any auction page.
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How do I bid?

Click on the name of items you'd like more information about. If you wish to place a bid, enter your bid in the box below the item, then just click on the place bid button nearby. We suggest that a good strategy for items you really want is to place the highest bid you are willing to pay. Otherwise, someone may beat you out. Should someone outbid you, the system sends you an e-mail notification with a link back here to the item. Click on the link right in your e-mail message and you will be returned to the directly to the item. You can then decide whether you want to raise your bid.
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