Do you know how to snipe at an online auction?
Sniping is a stealth, 11th hour, to-the-very-last-second bid with a maximum proxy amount.
Sniping takes patience.
Real live storage auctions the bids accumulate during a very short time frame. Within a matter of minutes, actually. The Storage unit is then sold. Off to the next unit.
Online storage auction bidding is more of a waiting game. Sure, some newbie nut will start the bid and some other newbie nut will raise the bid on the first few days of an online storage auction.
The winner however most likely won’t place a bid until the 11th hour, meaning the last few possible seconds, and he/she will place only one single bid.
You read that correctly – only one bid.
Here’s how to snipe bid at online auctions.
Sift through all of the storage units you see on VirtualStorageAuction site until you find a locker in your city that appeals to you.
Click on the photo.
Notice the “Auction Ends” and “Time Left” on the page. Click on “Watch List” to keep an eye when the auction is near its end.
Be sure to get online at least 30 minutes before the end of the auction. One note, be sure you are aware of how fast your internet connection is and that you do not lag or monitor freezes during the online auction. This is important!
Now to snipe…
- Log-in to your account 5 minutes before the auction is about to end.
- Wait until it’s 1-minute to end of auction before you enter your maximum bid in the field box, however DO NOT click on “Place Bid” – at this point you just need to have your bid in the field box.
- At 2-5 seconds to end of auction, click on – “Place Bid.”
I know that’s nerve wrecking, your heart’s racing, you’re sweating, but that’s how sniping works. I’ve won many online auctions on eBay by playing the waiting game.
I usually place a single maximum bid within the last 2-3 seconds at the end of an online auction.
I’ve only been outbid a few times when I’ve sniped, but that’s okay because I placed my maximum bid for the product. Someone else thought to pay more. Fine by me.
I once made the rookie mistake of trying to snipe 5 minutes before the end of an online auction. Remember, that one bid was set to my maximum amount. I quickly became the highest bidder before a minute left to end of the auction.
Not good!
That was way too early. Someone sniped within that last few seconds of that auction and won.
Sniping takes patience.
There are two benefits of sniping at auctions.
- You and other snipe bidders like you will keep the amount of the bid down during the entire online auction.
- You swoop in the last few seconds and win the locker at a better price than if you raise the bid daily.
Once you snipe bid a locker within the last 1-3 seconds and win, you will discover the secret to “How to win at online auctions.”
Patience.
Snipe.
Win!
Please leave your creative opinions in the comment box below.
Lynn
June 19, 2016 at 4:10 AM
How does that work if they add three more minutes if a bid is made within the last 3 minutes??