Although I have participated in the purchase and sale of items on e-bay, I had never actually been the one pushing all the buttons until last night. And let me tell you, it was exhilerating! I can see how someone can get caught up in the moment and buy something for way more than you want to pay, even more than its worth.
The item I bought was something I have looking around for for a while and had seen on e-bay before. The previous day I had actually bid on one only to be outbid at the last minute. Feeling defeated, I immediately asked my husband's advice. He told me: Don't bid on it at all until the last 30 seconds. Then type in the maximum you are wiling to pay.
That's what I did. I sat in front of the computer for the last 20 minutes of the sale refreshing every minute or so. As it got down to 5 minutes I felt my hands shaking a bit. I wondered if I could actually pull it off. My neighbor came over and offered to push the buttons for me, but I declined. I wanted to do this myself.
After 56 seconds left I couldn't wait any longer. The high bidder was $55, and one the day before went for $87. I typed in $87 and placed bid. Of course I had forgotten to sign in to e-bay, so it was a good thing I didn't wait any longer or I might of missed out. I signed into e-bay and clicked on Place Bid.
The suspense was killing me. Until I saw the note saying something like this: Congratulations, you were the high bidder and won the item for $56.00. So even though it was way overpriced, I did get it for $31 less than it sold for on the previous day. It was also $31 less than it was selling for on Amazon.
I felt guilty about slipping in to the auction at the last minute. I swiped this item away from an algebra teacher from Minnesota (according to her nickname). I'm really not that kind of person who could be so sneaky. But I guess I was then.. Hopefully the algebra teacher learned what I learned the day before - if you really want something, don't bid on it until the very last minute. I guess that's what e-bay is all about.
After I sent my payment, I received a very nice e-mail from the seller thanking me for my purchase. She even included a link to her blog, which I'm pretty sure she wouldn't mind if I link it here.