how late can I bid on something (2024)

FAQs

How late can I bid on something? ›

Your bid must be RECEIVED and timestamped at ebay's servers before the end of the last second. The countdown is NOT a real-time feed of bids coming in and eBay's clock counting down and is not an accurate measure of how much time you have left to submit the bid (click the confirm button) so it is received in time.

If a user places a bid within 15 minutes of the scheduled end time, the auction automatically switches to a mode where the end time is extended until no bids have been placed for 15 minutes.

According to the Instructions to Bidders, the term "Bid Deadline" means the date and time designated in the Advertisem*nt for Bids as the last date and time for receipt of bids, as may be revised by addenda.

Bid Closing Date. The closing date for a bid is a specific date (and usually a specific time) when the bid is closed to the public for bid submissions. At this point, only the submitted proposals will be considered eligible.

eBay's Tips for Winning Auctions says, "Bide your time. You stand a greater chance of getting the item by placing your highest bid in the closing seconds."

When you place a bid on an online auction item, you enter into a legally binding contract to purchase the item from the seller if you are the winning bidder. You are the winning bidder if your bid is the highest bid at Auction Close and your bid is accepted by the seller.

Popcorn bidding extends each lot's closing time by a set increment (for example, two minutes) if any bid comes in with less than two minutes until closing. This allows for other bidders to have ample time to counter back with another bid if they choose.

Late Bid means any document(s) received by the division of purchases, withdrawn or modified by the offeror, after the time and date set for receipt of bids and proposals. May also be referred to as late withdrawal or late modification.

About the Bid Extension Feature

The Bid Extension feature allows bidding to continue in 5-minute increments past the scheduled closing time on high-interest items. This feature extends the auction closing time on an item by 5 minutes each time a new bid is placed during the last 5 minutes of an auction.

What is the bidding period? ›

Bidding Period means the span of time between the date of the invitation to bid and the time and date set for receipt of bids.

For small procurements, the bid validity period may be 30 to 60 days. For more complex procurements, it can be 90 days or more, depending on how long it is estimated to take from the bid opening date until the contract is signed.

Bid at the Last Minute

This online auction strategy involves closely watching the auction timer and then placing a final bid at the very end of the period. For less-active auctions, this method can be a great way to snag an item at a low price.

eBay accepts bids right up until the last fraction of a second -- but the bid must actually be received by eBay before times runs out. If you check the bid history of many auctions you can see examples of bids received in the last second of an auction.

Your bid must be RECEIVED and timestamped at ebay's servers before the end of the last second. The countdown is NOT a real-time feed of bids coming in and eBay's clock counting down and is not an accurate measure of how much time you have left to submit the bid (click the confirm button) so it is received in time.

In the last 15 minutes of bidding, if anyone placed an upset bid, the bidding started on again with another 15 minutes of bidding, this gave both (or anyone) the opportunity to have another bid.

Caroline Buchanan, a journalist and author of The 15-Minute Rule — How to Stop Procrastinating and Take Control of your Life, believes that her 15-minute rule is “nothing short of life-changing.” She suggests setting a timer for 15-minutes and doing only your task until the timer is up.

If someone places a bid on an item within 15 minutes of the scheduled closing time, the auction is automatically extended until there have been no bids placed for 15 minutes. All GunBroker.com auctions use the 15 Minute Rule.

Minimum Bid, means the lowest acceptable price at which the seller agrees to complete the sale. Minimum Bid, means minimum opening bids. Minimum Bid, means the sum of delinquent taxes, special assessments, penalties, interests, and costs assigned to the parcel.