Buying on Tazbar:
To learn about how to bid and how much the bid value increases by, within
bid price ranges click here.
- Wanted Adverts
Buyers can place a simple wanted advert for any item that they
require.The advert describes (with optional photo) the item wanted.
Along with the destination and a guide of the price they are prepared to
pay. The advert runs for a period set by the buyer. This advert is then
shown in our wanted category listings. The seller can then place a free
offer against this advert (only final price fees apply). This is a simple
process that takes just a few minutes. Before the seller confirms their
offer a breakdown of their sellers fee will be calculated to show what
the cost will be if they are successful. If the offer is not successful
there is no standard listing fee charged. The seller can set a time limit
on the offer.
More than one offer may be placed against the wanted advert and during
the set time period the original advertiser has exclusivity to buy the
items offered. All members can see these offers during this time. If the
original advertiser doesn't buy the item offered and the exclusive time
runs out, any unsuccessful offers are automatically transferred to our
Instant Purchase Auctions for a period of 5 days.
When a viewing member sees an offer that is still exclusive they can
place this item into their "Items I'm Watching" section. If the item
doesn't sell in the wanted auction an email is sent to these members as
soon as the item becomes available.
- Sealed Bids.
The Sealed Bid system is an original development by Tazbar. When you view a wanted advert you are able to see any offers that are currently placed. These offers are exclusive to the person that originally placed the wanted advert. However if the item is not purchased by the the original member it can become available to everyone. If you see an item that is offered and would like to be informed if it does become available to everyone you need to click the "Watch this item" button on the wanted offer.
At this point the Tazbar system will ask you if you wish to place a "Sealed Bid". This is a bid that is
totally secret. This bid must be the asking price or over.
The purpose of this bid is to express a genuine interest in the item if it becomes available.
When a wanted offer expires and is not purchased by the original wanted advertiser it can roll over to become a normal "Buy Now" 5 day auction. However if a Sealed Bid has been placed this will take priority at the time of the roll over. When an offer rolls over to become an auction the Tazbar system checks for any Sealed Bids that have been placed. If there are sealed Bids present. The item sells intsantly to the highest one. This prevents the item rolling over to become an auction.
Let us put this into a scenario to help you understand it easier.
You are interested in Antique Plates and buy and sell these regularly. You look at the Tazbar wanted adverts in case anyone is looking for a plate that you might have for sale. During this process you notice another member has placed a wanted advert for a 1969 Wedgewood Christmas plate in mint condition. You also notice that this member has been offered one these plates. You would like this plate also to complete your collection of Christmas plates but the offer is exclusive to the person who place the wanted advert. At this point you have 2 choices you can place your own wanted advert for one of these plates or hope that the person who placed the wanted advert doesn't take the offer and purchase the plate. It is free to place a Sealed Bid on Tazbar so you decide to do this. This means that if the plate does become available and turns into an auction, your sealed bid will step in at the time of the offer rolling over and provided you have placed the highest Sealed Bid you will win the item.
You follow the offer in your "Item's I'm Watching" page and keep a close eye on it over the next couple of days. You then notice that the original wanted advert has attracted another offer. The person that placed the original wanted advert then purchases the other offer. This is good news for you as they will now probably not buy the plate you have placed the Sealed Bid on. The offer time expires, the offer has not been purchased by the original wanted advertiser, so it rolls over to become an auction. At this point the Tazbar system notices your Sealed bid and takes this as a genuine intent to purchase. because of this the plate sells instantly to you.