Purchasing methods

Auction - A Traditional Auction listing allows you to purchase items when you are the highest bidder. Normally the item has a start price, and you bid against other in specified bid increments. Traditional Auctions also allow the Seller to set both a Reserve and Buy Now price.

The Reserve price is the absolute minimum dollar amount the Seller will accept for an item. Buyers are notified after placing their bid if it is below the Reserve price. If a Buyer's maximum bid is greater than the Reserve price, the Reserve is automatically met and that user is the high bidder.

When listing an item, the seller also has the option of setting a Buy Now price. The Buy Now feature allows the buyer to purchase instantly. Once this occurs the auction ends.

Fixed Price - A Fixed Price listing does not allow bidding. The seller specifies the only acceptable price for the item. The seller can sell one item or multiple identical items with one Fixed price listing. Because there is no bidding on fixed priced listings, all items are Buy Now.