Rumi Posted June 10, 2011 Report Share Posted June 10, 2011 [quote name='Mighty Pirate' timestamp='1307711466' post='86029'] [s]11 gc from GG[/s] Sorry, I withdraw my bid. I just want it to stay within GG - there is no need for a GG internal bid contest. [/quote] [quote name='Juni0r' timestamp='1307708891' post='86027'] [s]Fine 11gcs[/s] On second thought I sold this item to you, so it would just be counter productive so rejoice GG you can have it. [/quote] Just an example... No surprise there is confusion as to who is currently the top bidder for the GG glaive. I've been somewhat involved in the central market for the past few weeks (with little success buying or selling anything, I might add ) and I notice pretty frequently people are withdrawing their offers on threads where the creatures or items are sold in an auction format. Anyone who has ever been to a real auction knows that you cannot withdraw your bid after making it. When you make a bid, you commit on the spot to making a purchase. The only way you're off the hook is if someone else bids higher. From time to time, people bid prices up and then withdraw their offers when they're the top slot. To me, this says that bidder was never interested in making the purchase in the first place. I'd like to see WTS threads elaborated as one of two types of sales, an auction sale or an offer sale. In an auction sale, when you make a bid, you are committed to the purchase and the seller is committed to the sale, so long as there is not an unmet reserve. There should be very few if any edited posts in an auction besides the initial sale post. If a person makes a bid on multiple creatures, expecting to win one of them, they need to have the gold to back up their bids. Auctions would go for a certain length of time, and could have the possibility of an early sale at the sellers discretion (similar to ebay's 'buy it now' or 'make offer'). Highest bids would be added to the initial post. In an offer sale, the seller lists what is for sale and can list a desired sale price if they so choose. People can make offers and withdraw them as they so choose. There is no commitment to purchase until the final deal is struck and the trade has begun. A seller can choose to list the best offers on the initial post, and sell to the highest offer, or can choose not to sell at all. Advantages to seller: Auction - ensures a sale, requires little time and energy other than listing bid updates, buyers can't back out Offer - gives more opportunity for negotiation, option not to sell Advantages to buyer: Auction - opportunity for bargain purchase Offer - option to back out, easier to negotiate non-cash payments I know this would make a simple working system more complicated, but it would also give the seller an option to remove all the back and forth bidding and withdrawing. Basically, the offer sale would be the status quo and the auction sale would be a new market form that seller could use at their discretion. Open to comments.Note of admission: I have myself withdrawn a winning offer from a sale. I'm not pointing any fingers, just suggesting a way to improve the system. Hedge Munos, MRAlyon, Seigheart and 5 others 6 2 Quote Link to comment Share on other sites More sharing options...
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