Search for open auctions in the Advanced search option. Set Format to Auction and click Search:
The Auction page will display the current highest bid, number of bids, minimum bid accepted and whether the Reserve Price (if set) has been met.
After entering the bid, the buyer will see a screen asking to validate the bid:
The next screen will display a message confirming the bid.
Note: A notification email will be sent each time a bidder is outbid.
See the status of a bid or retract a bid from the Current Bids (Home -> Members Area -> Buying -> Current Bids ) menu:
Note: If a bid did not match the Reserve Price (red numbers in the caption above) the auction will continue as set until reaching the Reserve Price or any price above it.
Potential Auction Outcomes
The bidder with the highest bid, equal or above the Reserve Price, is considered the winner of the auction.
The bidder's highest offer has been overtaken by a higher offer. The bidder loses the auction.
The Reserve Price has not been met, therefore the auction closes without selling the item. It is possible to re-list the item for the same or for a reduced Reserve Price.