GunBroker auction Price Change question

peyton · #1 07-30-2011, 03:59 AM

I spotted a very nice Marlin yesterday on GunBroker with starting price of $825.00. Today I go to check and the seller had changed the starting price to almost $1,100.00 Can the seller do that while the auction is ongoing, the auction has 4 days to go!!!

HAWKEYE10 · #2 07-30-2011, 04:31 AM

Peyton I think a seller can change the the price as long as there are no bids. Don

Arman4461 · #3 07-30-2011, 04:40 AM

peyton-
Until the first bid is received, a seller can raise or lower the initial and the Buy-Now price on GB. I use the "View-Counter" and if I get a lot of Looky-Lou types but no bids, I will go in and drop the start price to get them off the dime and bidding. No different than a "Price Reduction" on the Forum when a gun doesn't sell fast enough.
Some sellers see a great amount of views really fast. Auctions being what they are, most folks want to sit back and "Snipe" at the last minute, so they wait till the last hour to start bidding. In that case, you sometimes se a guy with a popular or hard-to-find gun will see a lot of views really quick, so he goes in and jacks up the floor to increase his "take". Sometimes it works, and sometimes it backfires. Personally, I use GB when a pistol lays dormant on the Forum for longer than a week and has over 300 views with no email offers. It usually pays off to do so, due to increased viewing from the larger audience, but then you have the fees to consider, and I find Forum folks generally a much better and reliable clientele. I have been stiffed by Non-Paying bidders several times, but never yet by a Forum member.
Good luck!
Arman4461

peyton · #4 07-30-2011, 11:19 PM

Thanks all for the info. In this case the Marlin was up there in price to begin with and he now has it in the Ridiculous zone!!
Sad to admit I hesitated when he first listed the rifle, I should of put a bid in then

Engineer1911 · #5 07-30-2011, 11:47 PM

It's a Marlin. There will be another one -- patience, always patience.

peyton · #6 07-31-2011, 07:08 AM

I suspect when he gets ZERO bids, it might go back down in price, into the nosebleed level instead of the Astronomical level!!