What should I know before bidding on an auction?
An example of an AI chatbot conversation about bidding strategies and tips.
What should I know before bidding on an auction?
Before bidding, research the item, set a budget, and understand the auction rules.
How do I determine the value of an item?
Check recent sales of similar items, consult price guides, and consider the item's condition.
What are some common bidding strategies?
You can use strategies like proxy bidding, waiting until the last moment, or setting a maximum bid.
Are there any fees I should be aware of?
Yes, many auctions have buyer's premiums, taxes, and shipping costs that can add to your total.
What if I win the bid but change my mind?
Most auctions have strict policies; you may lose your deposit or face penalties.
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