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« Essential FAQ »

Table of Contents

  1. What is whybidmore.com?
  2. How much does it cost?
  3. How do I join for FREE?
  4. Who can tell me what an auction is?
  5. What about the classifieds section?
  6. What about DUTCH auctions?
  7. What is a Reserve Price Auction?
  8. Where can I get in contact with customer service?

What is whybidmore.com?

Whybidmore.com is similar to the classified section of a newspaper, where people come together to buy and sell collectibles.  Unlike the newspapers though, whybidmore.com members engage in the buying and selling of their items in the form of real-time auctions and classifieds.

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How much does it cost?

Whybidmore.com allows you to post Classified Ads for free,
Bid & Buy items at no charge, other than the price you pay to the seller for
each item.
Members are charged a small fees to post their items. To see how you can list your auction item ABSOLUTELY FREE!!!! Click here!..

"Listing Fees"
You will have the option to add additional services to your auction listing, for a small fee.
The seller of an auction item pays a small commission of the final sale
price, due at the end of the auction, to cover administration costs.

For a list of fees whybidmore.com charges, click here...

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How do I join for FREE?

It's really simple.  All you have to do is go to the Registration Page, and fill out a very short form that asks for a new username, email, name, address, and phone number....That's It!!

Remember, an email address may be used by the authorities to track down anyone selling illegal items, or just attempting to defraud people out of their hard earned money.  This is also the reason we do not allow users to post from free internet email addresses on this site without further investigating their identity.

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Who can tell me what an auction is?

WE CAN.  In an online auction, the seller sets a minimum bid for their item, and then members engage in a bidding contest. Each time someone submits a bid, the price goes up by the amount they set. Whoever has the highest bid when the auction ends, is the winner. The high bidder then pays this amount to the seller.

At the end of the auction the high bidder is emailed their final position.  The seller is emailed and a list of the bidders. It is the seller's obligation to then contact the highest bidder to make payment and shipping arrangements.  It is the buyer's obligation to then pay the seller acording to the pre-determined guidelines.

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What about the classifieds section?

Classified listings are used when a seller wants to sell an item at a fixed price to the first person willing to buy it. Potential buyers then place an interest if they would like to purchase the item by contacting the seller. Our classified ads can also be used to find items that you would like to find.

Unlike auctions, neither the seller nor potential buyer is obligated to complete the transaction.

Click here for more in-depth information on the Classifieds Section

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What about DUTCH auctions?

For those that don't know what a Dutch auction is, it is an auction where the quantity is more than 1 and has certain rules that all the high bidders pay the same amount. 

At this time we have something even better then DUTCH Auctions.  It is called FIXED PRICE Auctions, and to read more about them click here.

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What is a Reserve Price Auction?

The reserve price is the lowest price for which a seller is willing to sell their item. When posting an Auction, a seller sets a starting price. This amount is usually low, allowing the seller to attract bidders who then drive up the price naturally, by placing bids. The seller can also opt to set a reserve price above the starting price.

If the reserve price is not met by the close of the auction, the item will not be sold. Neither the bidder nor the seller will be under obligation to complete the sale, and no contact information will be exchanged. If an auction has a reserve price, it will be marked with a Reserve Price Auction icon on the Category Index Page. A seller usually specifies a reserve price if he/she is unsure of the real value of an item and wants to reserve the right to not sell if the market value is less than expected.

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Where can I get in contact with customer service ?

SIMPLY CLICK HERE

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