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Off The Water
Watering Hole
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<blockquote data-quote="KMixson" data-source="post: 424263" data-attributes="member: 432"><p>Back when I was selling items on e-bay on a regular basis I once sold a locker shelf for $29.00. I paid 48 cents for it. I had bought a few of them at a local wholesale mart for 48 cents a piece and on average they sold for anywhere between $3.00 to $5.00. Then this one time two got into a bidding war over this item and drove the price up to $29.00. I was amazed. The buyer wrote in his comments that he know he paid too much but couldn't let the other guy win it. If you start bidding on an item have a set price that you will not go over and don't let your emotions take over. It will save you money and regrets. I have a friend that can't go to auctions because he does not know when to quit bidding. He will drive the price up even if his bid is already the high bid which means he is pretty much bidding against himself.</p></blockquote><p></p>
[QUOTE="KMixson, post: 424263, member: 432"] Back when I was selling items on e-bay on a regular basis I once sold a locker shelf for $29.00. I paid 48 cents for it. I had bought a few of them at a local wholesale mart for 48 cents a piece and on average they sold for anywhere between $3.00 to $5.00. Then this one time two got into a bidding war over this item and drove the price up to $29.00. I was amazed. The buyer wrote in his comments that he know he paid too much but couldn't let the other guy win it. If you start bidding on an item have a set price that you will not go over and don't let your emotions take over. It will save you money and regrets. I have a friend that can't go to auctions because he does not know when to quit bidding. He will drive the price up even if his bid is already the high bid which means he is pretty much bidding against himself. [/QUOTE]
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