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Thread ID: 77924 2007-03-28 00:09:00 Quick Trademe question Lizard (2409) PC World Chat
Post ID Timestamp Content User
536376 2007-03-28 00:09:00 I bid on an item with a $1 reserve. I was the only bidder, and in bidding $1 I was successful. The seller then offered the item to me at higher than the price I bid - is he allowed to do this, even though the auction met reserve? I thought if the reserve was met, then the seller was obliged to sell at the highest bidded price? Lizard (2409)
536377 2007-03-28 00:19:00 No he isn't allowed. Complain to Trademe.
But they can't force him, only punish him.
pctek (84)
536378 2007-03-28 01:24:00 Ha ha, it backfired on him. He was obviously expecting a lot more interest in whatever he was selling.

Lizard, stick to your guns and insist he cough up the goods. Like pctek says though, you can't force him so if he doesn't, complain to Trade Me and post a scathing feedback.

Good luck!
FoxyMX (5)
536379 2007-03-28 02:17:00 And watch out for the postage. He might try to hike it up and then send it via standard postage. bob_doe_nz (92)
536380 2007-03-28 02:48:00 I posted a similar email to Trademe, but their response time (two days) is laughable.

Funnily, though, minutes after I posted this here, Trademe sent through a message (automated?) with payment details, at the reserve price. So I've made payment at the reserve price and ignored the Fixed Price offer.

The difference between the two prices wasn't much - it was more the principle of the thing. Otherwise, anyone could advertise a $1 reserve auction, then hike the price up to whatever they really wanted.

Oh well, worked out in the end (barring any future problems - touch wood).
Lizard (2409)
536381 2007-03-28 03:08:00 What was the auction number? EX-WESTY (221)
536382 2007-03-28 07:13:00 I was on the other end of a sale like that last year. I offered a pair of old but expensive skis. Only one bidder and I had to let them go for a buck :( Greg (193)
536383 2007-03-28 08:18:00 Well, while we're on TradeMe - and sliding sideways...

I rarely buy there (preferring books from Zillion), but put in an autobid several days ago for 2 large jigsaws as a kid's present.
I didn't mind losing one (it was belt & braces) but would've happily taken both.
I was the opening bidder & apart from a couple of tentatives at the weekend - blown off by my autobid - was still leading this morning.
Both closed at 12.15pm.
A brand-new bidder (experienced seller) came in at 12.11 for one & 12.13 for the other - winning both - just as my emails arrived telling me I'd been outbid.
It's no big deal, but I'm curious.
Zillion has a rule where an auction can auto extend for bids in the final 2 minutes. I can't see anything similar on TradeMe. Does it exisr?
Laura (43)
536384 2007-03-28 08:29:00 Trade me has an auto extend option also, but the seller has to enable it and most do. radium (8645)
536385 2007-03-28 10:58:00 No he isn't allowed. Complain to Trademe.
But they can't force him, only punish him.

He is legally required to sell the item, as it is an auction, so is covered by the act. This is the same if you are the winner of the auction, but then refuse to go through with the purchase, you are still required to buy the item. You could take the seller to the disputes tribunal. Placing bad feedback is also rewarding.
rogerp (6864)
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