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Standard Auctions

Buyers bid up from the seller's starting price along with other buyers to get the best deal. Buyers can watch the item to see how the bidding is going. When the listing ends, the highest bidder wins the item and completes the purchase.

A typical auction-style listing works this way:
- The seller offers one or more items and sets a starting price.
- Buyers visit the listing and bid on the item during the online auction's duration.
- When the auction-style listing ends, the high bidder or bidders buy the item from the seller for the high bid.

The auction-style format is flexible. Sellers will be given many options, including giving buyers an opportunity to buy at a fixed price (Buy It Now), setting a hidden minimum-selling price (Reserve price.)


Reserve price
Sellers can add a a reserve price on their item. A reserve price is a hidden minimum price, the lowest price that the seller is willing to accept for the item. If the listing ends without any bids that meet the reserve price, the seller is not required to sell the item. Once the reserve price has been met, the "reserve not met" label will be removed.


Buy It Now
Buyers can buy the item immediately at a fixed price. It is an option in auction-style listings. If a seller offers this option, you'll see the Buy It Now icon next to the listing. When Buyers see the Buy It Now icon next to a listing, and see a Buy It Now price, they can purchase the item right away at a set price without waiting for an auction to end.





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