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Bidding
What is the difference between autobid and regular bid?

A "regular bid" is a one time bid by the bidder in the exact amount. For example, if the increment is $25, and the next bid would be $75, you could bid the exact amount or anything higher; $76, $100, etc. By using the "regular bid" you are letting everyone know that this is what you are willing to pay for the item.

An "autobid", which is more convenient, is when the bidder puts the maximum amount he or she is willing to pay. The bidder's amount will only be increased if another user bids against that item. If the increment is $25, and the next bid is $75, you have an auto bid of $100, it will only show $75 is the next bid. No one knows what your maximum amount is. When another user comes to bid, they will get a notice that he or she has been "outbidded" due to the autobid. The user's amount with the autobid will have increased.

At any time, if by chance you do get outbid using a regular bid or an autobid, you will receive an email if you checked the box to be notified in your registration page, and will have the option to place another bid on the item.


Who can bid?

Only registered users can bid at FBAAuctions.  To do this, first logon with your unique user name and password.


How do I change or cancel a bid?

Once a bid is placed, it cannot be removed or canceled, unless there is a gross change in the description of the lot.  Buyers are required and recommended to research an item before placing a bid.


How do I bid?

To bid in our auction you must first register.  Until the auction is opened, you can only view the items.  When the auction is opened, there will be a button for you to click on and bid.


What is a Buyer's Premium?

Many companies like auctions, add a percentage to the final bid to offset costs which helps birng in high quality mechandise with no or little reserves. FBAAuctions has a 12% Buyer's Premium.


Are there any hidden costs?

Registration is free. All charges are disclosed on each listing page where you bid. This will include the Buyer's Premium, 12% only applied to the winning bid and the shipping charge. You would add these to the final winning bid to know your total amount. There may be additional charges for shipping if you live outside of the mainland United States or you live in Canada. Please call ahead to be given an estimate. Also, certain items may say to call if you want a quote to have the item shipped if it is for pick up.


 

 

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