What is the offering proxy?

The proxy menu, sometimes called an absent or automatic offer, is a method for offering a personal or online auction. The way it works is a person who wants to offer an item, decides on the maximum amount he is willing to pay for it in advance and tells this amount to the auction holder. Since the auction holder automatically increases the person's offer by a preliminary increment until the maximum amount is achieved. If the applicant follows the auction, he can give up at this point or decide to increase his offer. The reason people do this is not to constantly watch the auction to win the item, so they can easily offer several items at once.

How to offer proxy

Although many people combine only offering proxy with online auction sites, it also happens in physical auctions. In a physical auction, a candidate that the proxy usually callsor e-mail your maximum offer to the house before the auction start; In the online auction, it provides this information on the auction site whenever the auction is open. In both cases, the bid process is automatic and the proxy applicant does not have to do anything if its maximum amount is not achieved. If this happens, the auction holder calls or sends an e-mail person who offers proxy that can decide whether he wants to continue the offer beyond his originally identified maximum price. If the maximum amount is not achieved, but other candidates will surrender, then the proxy applicant pays only the last amount of the offer, not its maximum price.

The

Proxy's offer is used in the second price auctions, which are those with the winning offer by one offer higher than the applicant in second place. This means that the highest offer-which is the highest maximum placed by any proxy-is sealed, but the second highest is always public, because thectal high supply is one increment higher.

For example, two people offer on the item. A offers and sets a maximum offer of $ 100 (USD) proxy (USD). If the offers increase units by $ 10 and and is the only candidate, it will have a high offer with $ 10. If the applicant B connects to the auction and determines the maximum proxy offer of $ 150, the high offer is now $ 110-maximum of the second highest offer ($ 100) plus the units increase ($ 10). The actual maximum that B is willing to pay $ 1,150 known if someone else offers more and becomes the second highest offer.

cous and cons of

This strategy can be very convenient because it allows people to offer several auctions at once without having to really watch any of them, but people can get mixed results. People who suddenly offer more items can only choose a lower maximum if they win several auctions, so they don't end up with a huge account. With a lower maximum of mnabídka, however, less competitive, so it is not inThe best strategy. On the other hand, people who offer an offer may not constantly follow the auction to grant others. The proxy's offer can also help make it less tempting to be able to carry off with the offer because the applicant sets a predetermined limit.

tips to get the best results

AUCTIONEERS claims that the way to achieve the best results with a proxy offer is to first explore the item for an offer to assess its market value. Then the Proxy applicant should set the maximum amount for the price that is really the maximum that the item will pay for and then leave the auction in the room. The location of artificially low maximum and after planning later increases, is generally warned against, because someone who offers proxy may not have time to increase their offer before the end of the auction. It is also important to realize that some auctions come with minimal offer and fees, so applicants who want to offer proxypers deciding on their real maximum offer take it inreflection.

Maximum offer fishing and deleting menus

In online auctions, it opens the bidding bid process maximum bid fishing. This is when the applicant increases his offer by small amounts until he is the highest offer to find out what is the highest maximum. In this way, "Fisher" can find out what people are willing to pay, and in some cases artificially manage the offer.

To fight it, some people use to blast offers for online auctions. This is when the offers are only carried out at the very end of the auction than to be placed early. By determining tenders to be made only when the auction time is about to end, the sniper allows you to know what is the second highest offer, and does not give other candidates a chance to "hunt" to find out how much the sniper is willing to pay. Some people objections to blasting of bids because other candidates for proxy who have set their maximum earlier in the auction does not usually have time to z zHelping your offers if the maximum sniper is higher. However, if the early proxy has set the maximum offer for a higher than sniper, the auction will still win.