In a Dutch Auction, the auctioneer has more than one item of the same product for sale. The bidder will enter a maximum bid he/she is willing to pay for an item, and the number of items he/she would like to purchase. The highest bidder(s) will receive the number of items they have bid on, and the remaining bidders will receive the number of items still available. Buyers are able to bid more than once for the same item.
Once a sale has been processed, both the seller and the buyer will be able to leave positive or negative feedback about each other. The feedback rating is from one to five stars, and the users have the option to leave additional comments. Feedback can be inputted from the "Feedback" tab in the Members Area. It can only be left once, and cannot be edited afterwards. The site admin reserves its right to delete malicious or untrue feedback ratings and comments.
The item watch feature allows you to keep a close eye on an auction without having to place a bid on it. This feature keeps you up-to-date on the status of an auction, and helps you to place a winning last- minute bid. You can watch any auction by clicking on the "Watch this item" link on the auction page.
The auction watch features notifies you of all newly listed auctions that contain specific keywords you have chosen. For example, if you are looking for a Microwave, you could type in that keyword from within your member's area. Each time a new auction is listed containing the term "Microwave," you will be notified via this website. You can enter in as many keywords as you like.
Once you have signed up for an account with myBlueOx.com, you will be able to sell items through this auction site. If you wish to sell an item, click on the "Sell" link, and you will be redirected to the Selling home page. You can then select the main category of the product or service you wish to sell. Items cannot be sold by choosing only the main category; you will have to choose a subcategory. You will then be prompted to enter the auction details, settings, and payment methods available to you.
You can upload your primary auction image free of charge. Each additional picture (limit 3) can be uploaded for a nominal fee. On the Auction Settings tab, you can choose the type of the auction, the start price, whether to activate the buy now feature, and set a reserve price.
You are able to choose what type of bid increment to use--the progressive one built into the site, or a custom one. If you select the custom setting, you will have to enter a dollar value. You will also be able to choose whether to feature the item on the homepage or categories page. Type in the location, shipping and payment information and click on the "Next Step" button.
In Step Three, you can review the auction before posting it. If all of the information is correct, you can click on the "Submit" button, and will be redirected to the payment page. The auction is activated once the payment is confirmed by the payment gateway.
Registration to myBlueOx.com is simple! To start the signup process, click on the "register" link at the top of this page. Only users 18 years of age or older are eligible to register. Fill in all of the required information. Failure to supply all the required fields will result in an error. By clicking on the "Register" button from the bottom of the page, you will be sent a confirmation e-mail. After clicking on the link found within that e-mail, your account will be activated immediately.
If you have found an item you would like to place a bid on, please follow these simple steps: (1) Login to your account. If you have not yet registered, you can do so by selecting the Register button at the top of this page. The process is FREE, easy, and quick! (2) Visit the auction page of the item you wish to bid on. (3) At the bottom of the auction description page you will see a "bidding box". Enter in your maximum bid. Please note: you must place an amount above the minimum or starting bid to complete a successful bid. (4) Click on the "place bid" button. (5) You will then be asked to confirm your bid on a confirmation page. If your amount fails to outbid the current high bidder or starting price, you will be offered the option to place a higher bid. The current high bidder may have placed a proxy bid. If so, you must outbid this proxy bid to win the auction item(s).
What is a Proxy Bid? Proxy bidding is defined as a method of bidding in which the computer automatically places bids for you at the lowest increment up to a maximum bid you have set (http://www.auction-lynx.com/terms.html). Proxy bidding can aid your chances of winning an auction and help avoid you being outbid at the last moment. To place a proxy bid, enter in the maximum price you are willing to pay for the item. If another user places a bid on the same auction lot, the site will automatically place a higher bid on your behalf up to and including your maximum bid amount. With proxy bidding, you will pay the lowest possible price, until someone else places a bid higher than your maximum bid.
Buy it now auction prices are set by the seller. If you wish to immediately purchase the item for sale, you can click on the "Buy Now" button, which is displayed on the auction details page. After clicking on the button, you will be re-directed to a confirmation page. If a standard auction contains a buy now feature, and a bidder uses that feature, the auction will end instantly. In a Dutch auction, the user can enter the amount of items they wish to purchase (depending the quantity). If the bidder purchases less than the number of items for sale, the auction will remain open and display the number of available items.
Wanted ads are a new and increasingly popular feature. Users can list adverts for items they would like to purchase, and sellers can find offers for items they are selling. It's a quick and simple way to link buyers and sellers.
Advertiser (Buyer) List a new wanted ad and wait for sellers to contact you with offers. If you receive an offer you're happy with, you can bid on the item!
Sellers Browse the wanted ads to see is anyone is requesting the item you are selling. If you find a buyer, let them know you have just what they are looking for!
Local auctions for furniture, desk, table, chair, bed, armoir, sports equipment, skiis, snowboard. Moving? myBlueOx is your local Auction house. Find great deals on home and office furniture, computers.