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<p>[QUOTE=&quot;Revello, post: 7871111, member: 103898&quot;]Your caution bout reading the terms and conditions before you bid is totally true and must be heeded.&nbsp; Below is one of the lessons from something I had written up as &quot;Lessons Learned&quot; about online auction bidding:</p><p><br /></p><p>&quot;Avoid auctions where the Terms of the Auction allow the auctioneer to place bids on items that you may be bidding on, or that allow the auctioneer to see your max pre-bid.&nbsp; Also, beware of auctions where the lot item bidding will start at the highest pre-bid that is loaded into the auction platform for that lot item (e.g., you want to do a max pre-bid of $50 for a lot item, and the auctioneer gets to that lot item and asks for bids starting at some very high dollar amount, and when no bids at that exorbitant amount is submitted, they come down to the highest pre-bid that has been submitted as the starting point for live bidding.&nbsp; Your max pre-bid becomes the starting point for live bidding, and that was not your intent.).&nbsp; You often won&#039;t find that info in the Terms of the Auction, but you can see it in action when you watch the live bidding process for that auction.&nbsp; The &quot;warning&quot; is often contained in the &quot;Information and Special Terms&quot; section of the Terms and Conditions.&nbsp; An example of disclosure of special terms that ought to persuade you to NOT bid in that particular auction:</p><p><br /></p><p><b>Information and Special Terms</b></p><p><br /></p><p>&quot;<b>PLEASE READ:</b> At the request of the auction company, this auction permits bids to be placed by the auctioneer, an employee of the auctioneer, or the seller or an agent on the seller&#039;s behalf. While XXXbid&#039;s Unified User Agreement prohibits this behavior, in accordance with UCC 2-328, this auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder.</p><p><br /></p><p><b>PLEASE READ:</b> This auction company has requested and been granted access to see all bids placed including any maximum pre-bids. This auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder.&quot;[/QUOTE]</p><p><br /></p>

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