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What else can I help you with?
Can a former owner of an item that was sold at auction try to reclaim the item if the item turns out to be of historical or financial significance?
No, a former can't reclaim something that they sold willingly at an auction even if it has historical or financial significance.
Where users bid on an item sold by someone else?
online auction
Where users bid on an item being sold by someone else?
online auction
Where users bid on an item being sold by somesome else?
Ebay, or at an auction.
Can you explain the process of "bidding" in an auction?
In an auction, bidding is the act of offering a price for an item being sold. Bidders compete by placing higher bids until the auctioneer declares the item sold to the highest bidder. Bidding can be done in person, online, or over the phone, and the highest bid at the end of the auction wins the item.
Why is eBay successful?
Marketing- they got their name out there they were the first to make an online auction website they have a lot of experience they get a commission off of every item sold
What does no reserve auction mean?
A no reserve auction is a type of auction where there is no minimum price set for the item being sold. This means that the item will be sold to the highest bidder, regardless of how low the bid may be. This approach can encourage bidding, as potential buyers may feel they have a chance to acquire the item at a lower price. However, sellers risk selling their item for less than its market value.
What was the eBay's original name and what was the first item offered for auction?
Auction Web; a broken laser printer.
What is a 10 percent buyers premium?
In auction, it is a percentage added to the cost of the item sold under the hammer. It is the auctioneers expenses charge
What is the main purpose of auction sniper?
An auction sniper is someone who waits until the last second of an auction to bid. The main purpose of these people is to get more last minute bids, and so that the item gets sold either way.
What is a listing on eBay?
A listing on eBay is a description of an item someone is selling on eBay. A listing includes the user name of the person who is selling the item, the price of the item, the shipping cost of the item, the location the item is shipping from, and a description of the item being sold. It will usually include pictures of the item, other items that person is selling, and how many people have looked at that item. Basically, a "listing" is the eBay term for what you might normally call an "ad", or an "auction".
If you host an Internet auction and collect a listing fee and or commission when a user sells an item do you have to collect sales tax in New York?
Whoever sold the item is suposed to collect and pay the taxes on it.
