Participate in an Online Auction Online auctions allow consumers to bid on products that other people are selling. If you are the highest bidder at the end of the bidding period, you often can arrange payment through the online auction. The following steps guide you through the process of participating in an online auction. WARNING: Do not purchase or bid on an item if you do not intend to purchase it. If you win the auction, you legally may be obligated to provide payment for the item. a. Run a browser and then navigate to www.ebay.com.
b. Tap or click the link to register for a new account.
c. Enter the requested information to create the account.
d. Search for an item on which you would like to bid. If you want to browse items in a specific category instead, tap or click the link to browse for items by category.
e. When the search results appear, tap or click an item that interests you to see more details about the item.
f. Review the item details to determine whether you would like to bid on this item. If the item does not interest you, return to the search results and select another item.
g. The seller may have a “Buy It Now” option that allows you to purchase the item immediately at a predetermined price. Alternatively, you can bid on the item by making an offer. The highest bidder at the end of the auction will win the item. Remember: If you bid on and win an item, you are obligated to provide payment. h. You will be notified if you are the winning bidder when the auction closes. At that time, follow the instructions to arrange to pay the seller.
i. When you are finished, sign out of eBay.
1. What item(s) did you view? If the buyer had the “Buy It Now” option available, do you think the asking price was fair?
2. Would you purchase an item from an online auction? Why or why not?
3. What items might you post for sale on an online auction?