Auction Bidding

zinfull · 08-16-2007, 12:20 AM

This is part of the reason you bid what you want early.

http://www.gunbroker.com/Auction/Vie...?Item=78282582

I am a little po'ed with this guy. He puts it up with no reserve, and gets bids then adds the disclaimer about selling it in house and cancels the auction. I guess he had some offers and did not want to pay the GB fees.

jerry

Lyn Islaub · 08-16-2007, 12:29 AM

I had thought that unless you added a disclaimer statement in the original listing, stating that the auction could be ended early if you sold the pistol locally, that GB rules were that you were bound to continue the auction once the bidding started. So much for what I know. It looked to be a pretty fair byf and I had planned to bid on it too.
Lyn

Edward Tinker · 08-16-2007, 06:05 AM

I don't think a "disclaimer" makes it legal or correct for gun broker; rules state

Quote:

End an Auction Early Related Information:
--------------------------------------------------------------------------------
Ending an auction early is generally not a good idea if bids have been placed on the item. If there is a winning bidder at the time the auction is closed you are obligated to sell the item to the winning bidder. This means that the item must be sold to the high bidder if 1.) the reserve price has been met or 2.) the item has no reserve price and bids have been placed. Since many bidders wait until the last minute to place a bid, ending an auction early may reduce the amount you will receive for the item.

You can end an item early, but it states above, that if bids on it, you are obligated to sell the item...

Quote:

What if I list the same item in Shotgun News, gun shows, etc?
There are two ways this can be accomplished:

If the item has not been bid on or if the Reserve Price has not been met, you can use our End an Auction function located in For Sellers to close your auction listing before its scheduled completion date. If the item currently has a winning bidder, you must consider it to be sold and must use the 2nd option.
You can direct any interested parties to the auction listing on GunBroker.com and suggest that they bid on the item.
Please always keep in mind that if the item is won here, it must be sold to the winning bidder. Although it is a harsh remedy,we terminate the accounts of seller who fail to complete transactions.

azlaw · 08-16-2007, 05:53 PM

The problem with this whole online auction paradigm is that the rules are essentially impossible to enforce. If someone misbehaves, then they get "terminated", but so what? They just come back with a new screen name. In the end, it's mail order in the blind - you really don't know who you're dealing with, and there's not much you can do if things don't go well. It's is frankly amazing to me that the whole thing works at all, much less as well as it does. People really seem to want this to work.

That said, I think that these auction organizations will continue to face more pressure as fraud increases, which it seems to be doing. The folks here make amusing observations about obviously false Luger ads, but these ads may in fact be crimes if the owner makes false statements knowingly. Federal crimes at that. The comments on these sales sometimes call out the problems, making it all the more difficult for the seller to disclaim knowledge of the falsity of his statements. The problem for eBay and other auctioneers is that this puts them on notice too, and makes them an accomplice if they continue to post the listing. It will be interested to see what happens...

H

383 magnum · 08-16-2007, 10:40 PM

I've bought several guns on auctions recently and have done well, but I realize there is always a risk and that would be frustrating to have an auction ended early. My biggest gripe is sellers on Guns America. Several times I have asked about listings only to find out the item had already been sold or was on hold. Apparently, some of the sellers fail to remove the listing after they have accepted an offer.

rolandtg · 08-19-2007, 10:48 PM

Wow, that guy has huge hands!

jamese · 08-20-2007, 07:07 AM

I dont know the guy,
but it would be easy to find him, looks like he lives close by

Jim

saxman · 09-13-2007, 10:42 PM

According to what I saw on the linked item provided, the Luger sold for $655. If an item has a winning bid and you end it early, it's sold as far as GB is concerned. This means he had to pay the listing and final value fees. He must have had a pretty good price on it at the store. I detest this practice of pulling guns off an auction after they have winning bids. Plus, it's stupid, because you never know how high something will go in the last minutes. If you're worried about not getting enough for it, set a reserve or start it at your minimum. What's so hard about that? These guys are idiots, so you're better off not winning the gun. There would probably be more idiocy trying to pay him and get it mailed.

southriv · 09-13-2007, 11:16 PM

Not the same thing, but an interesting GB experience, anyway....I once ended a GB no reserve auction with bids on it near the end when a potential bidder informed me that one of my photos was of a different pistol. I emailed the high bidder of my intent (& why), and contacted GB. As people on this thread have commented, it did count as a completed auction. Soon after relisting (with the correct photos) I received a positive feedback (for being honest) from the first "winning " bidder (who did not bid again), a credit from GB and a much higher price the second time around.

My experience on GB is to treat people the way they want to be treated & it will pay off.

Bob

RBorecky · 09-13-2007, 11:35 PM

He can not write in after there are 6 bids and tell you he has the right to do anything. I tried to find how to contact Gun Broker but no real luck yet. He needs to be reported for doing that especially since he did not have a reserve on it. Rick B

08-16-2007, 12:20 AM	#1
zinfull Lifer Lifetime Forum Patron Join Date: Dec 2004 Location: Sonoma County CA Posts: 244 Thanks: 5 Thanked 34 Times in 17 Posts	Auction Bidding This is part of the reason you bid what you want early. http://www.gunbroker.com/Auction/Vie...?Item=78282582 I am a little po'ed with this guy. He puts it up with no reserve, and gets bids then adds the disclaimer about selling it in house and cancels the auction. I guess he had some offers and did not want to pay the GB fees. jerry

08-20-2007, 07:07 AM	#7
jamese User Join Date: Jan 2003 Location: South Florida Posts: 792 Thanks: 0 Thanked 86 Times in 36 Posts	I dont know the guy, but it would be easy to find him, looks like he lives close by Jim __________________ The "truth" is a matter of Perception

09-13-2007, 10:42 PM	#8
saxman User Join Date: Jun 2002 Posts: 301 Thanks: 0 Thanked 0 Times in 0 Posts	According to what I saw on the linked item provided, the Luger sold for $655. If an item has a winning bid and you end it early, it's sold as far as GB is concerned. This means he had to pay the listing and final value fees. He must have had a pretty good price on it at the store. I detest this practice of pulling guns off an auction after they have winning bids. Plus, it's stupid, because you never know how high something will go in the last minutes. If you're worried about not getting enough for it, set a reserve or start it at your minimum. What's so hard about that? These guys are idiots, so you're better off not winning the gun. There would probably be more idiocy trying to pay him and get it mailed. __________________ You can lead 'em to the water, but you can't make 'em drink.

08-16-2007, 12:29 AM	#2
Lyn Islaub Lifer Lifetime Forum Patron Join Date: Jun 2002 Location: Phoenix, AZ Posts: 435 Thanks: 3 Thanked 152 Times in 72 Posts	I had thought that unless you added a disclaimer statement in the original listing, stating that the auction could be ended early if you sold the pistol locally, that GB rules were that you were bound to continue the auction once the bidding started. So much for what I know. It looked to be a pretty fair byf and I had planned to bid on it too. Lyn

08-16-2007, 05:53 PM	#4
azlaw User Join Date: Mar 2007 Location: Tucson, AZ Posts: 207 Thanks: 1 Thanked 4 Times in 4 Posts	The problem with this whole online auction paradigm is that the rules are essentially impossible to enforce. If someone misbehaves, then they get "terminated", but so what? They just come back with a new screen name. In the end, it's mail order in the blind - you really don't know who you're dealing with, and there's not much you can do if things don't go well. It's is frankly amazing to me that the whole thing works at all, much less as well as it does. People really seem to want this to work. That said, I think that these auction organizations will continue to face more pressure as fraud increases, which it seems to be doing. The folks here make amusing observations about obviously false Luger ads, but these ads may in fact be crimes if the owner makes false statements knowingly. Federal crimes at that. The comments on these sales sometimes call out the problems, making it all the more difficult for the seller to disclaim knowledge of the falsity of his statements. The problem for eBay and other auctioneers is that this puts them on notice too, and makes them an accomplice if they continue to post the listing. It will be interested to see what happens... H

08-16-2007, 10:40 PM	#5
383 magnum User Join Date: Sep 2002 Posts: 120 Thanks: 1 Thanked 1 Time in 1 Post	I've bought several guns on auctions recently and have done well, but I realize there is always a risk and that would be frustrating to have an auction ended early. My biggest gripe is sellers on Guns America. Several times I have asked about listings only to find out the item had already been sold or was on hold. Apparently, some of the sellers fail to remove the listing after they have accepted an offer.

08-19-2007, 10:48 PM	#6
rolandtg User Join Date: Mar 2007 Location: Texas Hill Country Posts: 479 Thanks: 389 Thanked 265 Times in 114 Posts	Wow, that guy has huge hands!

09-13-2007, 11:16 PM	#9
southriv User Join Date: Dec 2004 Location: Countryside New England Posts: 148 Thanks: 0 Thanked 0 Times in 0 Posts	Not the same thing, but an interesting GB experience, anyway....I once ended a GB no reserve auction with bids on it near the end when a potential bidder informed me that one of my photos was of a different pistol. I emailed the high bidder of my intent (& why), and contacted GB. As people on this thread have commented, it did count as a completed auction. Soon after relisting (with the correct photos) I received a positive feedback (for being honest) from the first "winning " bidder (who did not bid again), a credit from GB and a much higher price the second time around. My experience on GB is to treat people the way they want to be treated & it will pay off. Bob

09-13-2007, 11:35 PM	#10
RBorecky User Join Date: Jul 2007 Location: Cleveland,Ohio Posts: 115 Thanks: 0 Thanked 0 Times in 0 Posts	He can not write in after there are 6 bids and tell you he has the right to do anything. I tried to find how to contact Gun Broker but no real luck yet. He needs to be reported for doing that especially since he did not have a reserve on it. Rick B