Thursday, March 29, 2007

How To Start Bid And Win

You can bid on an item without attending an auction personally by submitting an "absentee bid". The bid is submitted on an item prior to the auction starting by whatever means the auctioneer has specified.

Whether you're in the market for an antique typewriter or a high-end laptop, you're bound to find the item you're looking for at one of the many auction sites on the Web. Most auction transactions are easy and smooth. However, auction fraud is on the rise. You may find that the item you receive is not what the seller promised. Or, you may never receive the item that you won the bid on. You may even discover that a seller has used your information to steal your personal information or your identity. Fortunately, you can help to prevent auction fraud by doing a little research and by following these tips.

If you've never used an online auction site, read the site's help file before you place a bid. Also, make sure you understand the site's privacy statement and its user agreement. For example, once you place a bid, most auction sites will not let you back out of the deal if you win the item. Check for insurances and guarantees. Some sites will reimburse your money if you've been scammed.

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