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Thread ID: 49239	2004-09-13 09:48:00	[OT] Trademe	Lohsing (219)	Press F1

Post ID	Timestamp	Content	User
272053	2004-09-13 10:25:00	I would have thought it was quite good for the seller actually. And they are the ones paying for the facility? Remember you are only one side of the trade. If I was selling I would want the present rule. You don't have to use TradeMe, there is no law forcing you to.	godfather (25)
272054	2004-09-13 10:27:00	> I would have thought it was quite good for the seller > actually. And they are the ones paying for the > facility? > > Remember you are only one side of the trade. If I was > selling I would want the present rule. > > You don't have to use TradeMe, there is no law > forcing you to. Yeah yeah... I know. But then it kind of skews the "market value" of an item. Lo.	Lohsing (219)
272055	2004-09-13 10:48:00	Gidday Lo, TradeMe have had this in place for a long long time. If your autobid starts at a value less than the reserve and your top price is less than or equal to the reserve, then the autobid takes you straight to your top price. If your autobid exceeds the reserve then the autobid stops at the reserve. Tricky I know if you haven't come across it before. I was caught out with my first autobid but once you know how it works it isn't a problem. If you have any problems with TradeMe then you are best to make your suggestions here (www.trademe.co.nz). Andrew.	andrew93 (249)
272056	2004-09-13 11:35:00	Loshing, This is just another one of the T/m little Scams, that you have picked up on . T/m is an advertising Medium with an unfair system, currently it has Market Share . Use the other Mediums (Oneway, Allhours, Ect) as well as T/m . It will increase your exposure at no cost, and the Mediums may improve . Tell T/m and others (most important) this SUX, and continue to do so . Try this for another T/m assist to Scammers . A Seller may Blacklist Buyers/Members, and prevent them bidding in, or asking questions, of His Auction . Ok, you do business with a troublesome Customer, Blacklist him to protect your business, because in a previous deal he caused you trouble . Scam assist T/m system . Scammer makes a new identity on T/m (Very Easy), pays $10-00, immediately "Authenticated Star Member" (has never sold anything or brought anything) on T/m . This Scammer who has never sold anything, may Blacklist all the Members he has Scammed, or those who asked difficult questions of his previous Scam Auctions . What Sort of operation allows you to block questions because you don’t like them? Let me see? Stalinist Russia, Nazi Germany, Suddams Iraqi, Ayatollah Iran, Fidel's Cuba, Pinocheis Chile, And Trademe New Zealand Ltd .	drb1 (4492)
272057	2004-09-14 00:40:00	If posts were in English, perhaps I could understand them???	Chris Randal (521)
272058	2004-09-14 00:50:00	Auction are designed to give the lowest possible price, so they are bad for the seller, great for the buyer. A reversing Auction is better, ie start at the top, & the 1st one to say me gets it. Better for the seller, worse for the buyer :D	MartynC (5610)
272059	2004-09-14 01:42:00	> Auction are designed to give the lowest possible > price, so they are bad for the seller, great for the > buyer. > A reversing Auction is better, ie start at the top, & > the 1st one to say me gets it. Better for the > seller, worse for the buyer :D Reverse Auctions would probably work well on the net. An auction gives the best market price from That pool of buyers. The Seller sets reserve and can sell else were. How do you see Auctions as being designed to give the lowest price?	drb1 (4492)
272060	2004-09-14 01:46:00	I can see Lo's point . I haven't traded on tradme for some time and if I came across this I would not be happy . Godfather, the way auto bids worked before was, say the auctions current status was a $10- bid (remember you have no idea of the reserve but, lets say it is $15-) and you believe the item to be worth say $20-, you can place an auto bid on the auction which will automatically bid in the minimum bid increments of, say $2- until your stated limit is reached which may be above or below reserve . If the reserve on this particular auction was $15- your auto bid under current rules will reveal your hand to all other bidders and automatically give the seller his/her asking price . No other auction that I know of works like that and in my opinion it is no longer an auction under those auto bid conditions but more like a tender or a likely sale to reserve unless the item is grossly under priced and someone else wants to outbid you . Fir eg, imagine a property auction that receives telephone bids, a prospective purchaser discloses to his bidding agent that he is willing to bid such and such a price, the agent then immediately declares this figure to the auction and a new price is set without intermediate bids being made and thus destroying the opportunity for anyone present of securing the property at less or for the telephone bidder to modify their instructions to the agent as the auction progresses . Good for the vendor of course and the auctioneers who will be running on a fixed fee + percentage . My 2 cents Cheers Murray P	Murray P (44)
272061	2004-09-14 01:48:00	>Auction are designed to give the lowest possible price, so they are bad for the seller, great for the buyer . I would have said that acutions can actually drive the price up in the right circumstances, i . e . when you can match the item in demand to enough people who really want it, but can send it crashing when you fail to do that -- which is what reserves are for, after all . That's why they became so popular with real estate sales people . . .	Biggles (121)
272062	2004-09-14 01:57:00	Bruce, Thats allways been my experience with agressivly competive pools in general or machinery/plant Auctions. Real Estate auctions tend to secure a lot of fees for Real Estate Agents quickly, and medocre prices for vendors, across the board. Because unless the particular property is in a high demand area, or has special desirable features, the pool is small.	drb1 (4492)
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