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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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Article # 4

Created:
01-29-2005 6:31pm

Last Updated:
01-29-2005 6:31pm

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