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This would be really, really stupid, since they had bids over $200k and they would have had to pay $500 to win their own listing. Seems unlikely.
by ryanwaggoner 17y ago
This would be really, really stupid, since they had bids over $200k and they would have had to pay $500 to win their own listing. Seems unlikely.
- pclark 17y agodude, seriously. I just registered and bided on a random site. You don't have to pay $500 to bid, and there is no proof that the $250K was paid.
- unperson 17y ago$500 is not for bidding, but for the listing fee and the "Success Fee" (commission). The creator of the auction pays this amount; if that happens to be the same as the winner of the auction, then they lose this amount.