Why do most sellers hate snipers?
hookedoncoins
Posts: 1,231 ✭✭✭
I just sat back and watched three of my ebay auctions ending and the price went up as half a dozen snipers started nipping at it... in one auction there were three snipes between 2 different snipers that upped the price about $10... why do sellers not like snipers... I was thrilled to see the price jump up, right after I had accepted the price it was going to sell for.
-Jarrett Roberts
-Jarrett Roberts
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Snipes drive the price up, I would think sellers would like that, they are getting more for their product (coins).
Tony
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
sellers only hate snipers if there is insufficient bidding up until it's snipe time.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
The sniper help's the seller because it's the last chance to get the highest price!
Since it takes at least two to make a bidding war if only one shows up then that sniper walks away with the best price or triggers the other max bids.
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since 8/1/6
What I hate are people who ask stupid question, like "What is your address?" when they want to sne dpayment. Of course my address is listed in the email they are replying to.
If any of you folks fit that description (of seller) then may I say - you suck.
<< <i>When I sell I love snipers, when I buy I hate snipers unless I am the sniper. >>
Exactimundo. As a seller, I don't hate snipers at all. I wish people would steadily bid during the course of the auction, but a bid's a bid- I'll take 'em any way I can get 'em.
As a bidder, I expect sniper activity, so I don't really get that mad if one tries to shoot me out of the top bid. Sometimes they succeed, sometimes they don't.
I'm more the proxy "bid-and-forget type", usually. I put my best foot forward and let the chips fall where they may, with two exceptions. One is if I really, really want something and I think there will be fierce sniper competition. If that is the case, I hang around and play sniper myself. The second exception is if I just want to "mark" something for later, but am not yet sure if I want it that badly or not- in this case I just put in a lowball starting bid. Since eBay came up with the "watch this item" option, I do less of this.
Two auctions closed without selling. Immediately I received a Email asking if I would take a offer. Heck, why did the person not just bid what he thought it was worth ? It was a reserve auction,but when a bidder comes close I will usually get in touch with them and offer some sort of a deal. If I really want to keep something it sure does not go on Ebay. Come on Bidders, do some Bidding, the stuff is on there to sell, not to be put back in a box.
Hate Snipers, No Way when Selling.
Hate Snipers, only for a few seconds when one Aces out my snipe.
Ken
Because the seller will likely be willing to take much less after the auction ended with no winner. If your reserve is $1000 and the current bids are $300 & $950, the eBay high bid will show as $305. The seller has no idea of the actual high bid. It could be $305 or $999.99. If someone bids $925 (what it is worth to them), then they are not the high bidder. Why deal with the second bidder when the high bidder was willing to pay more? The seller also knows close to the high bid amount (between $930 and $999).
The seller who wanted $1000 would probably be willing to take $925 for this item. That's considering the fees associated with selling the item on eBay.
My head was in the Posterior when I made the statement. I'm guessing now that the bidder did offer what he thought the item was worth in his Email.
Ken
Just start the bidding at the lowest price you'll sell it for,anything over that is all good no matter how they did it
BUT, If all the snippers would proxy bid during the normal course of the auction that would leave the under bidders some time to rethink their position and could pull a higher bid out of them. I am sure there have been many a bidder lose an auction to a snipper who looked back and said to themselves "I wish I had set my proxy higher I really wanted that". Everyone including proxy bidders want a deal but if given the time to think about it more they just might bid that little extra.
I myself love to snip
The only thing necessary for evil to triumph is for good men to do nothing.
<< <i>Jarrett
Just start the bidding at the lowest price you'll sell it for,anything over that is all good no matter how they did it >>
I am not complaining what the stuff sold for... I was expecting around $160... $150 after ebay fees, and I got $192... $180 after ebay fees.
-Jarrett Roberts
Dave