Florida Hibid (2024)

FAQs

Why does HiBid say may have won? ›

If you log into your account and see "You May Have Won" this actually means YOU WON. If you see "Outbid" this means you lost. This is how our system works so please understand that "YOU MAY HAVE WON" means you indeed won.

In this case the winner is the first person who made the lowest bid of the two lowest bids. So get in early or you might lose a winning opportunity. Make multiple bids to outrun other bidders. This is one of the essential strategies in the lowest bid auction.

PENDING BID If your bid is showing it is Pending, then Item "1" or Item "2" above have not been completed or your bidding amount is not set high enough to allow your bid to be accepted.

You're liable for the deposit on auction day and the rest of the purchase price, plus fees, by the completion deadline (typically 28 days after the auction). If you can't pay the deposit, you may face legal consequences. The auction house and seller can demand that you pay the amount specified in your contract.

In the end, it is up to the Organization running the auction to decide whether to honor the request. If the winning bidder would like to back out after the close of the auction, you can offer the item to the next highest bidder, or close the item as Not Sold.

Bide your time. You stand a greater chance of getting the item by placing your highest bid in the closing seconds. If an auction listing has a reserve price, bid up to that amount as early as possible, so other bidders aren't attracted by the low starting price.

By understanding your target audience and competitors, optimizing your bids, using ad scheduling, and testing and optimizing your ads, you can increase your chances of winning auctions and achieving your advertising goals.

Slow and steady wins the race. As a turtle bidder, you emulate this by starting with a low bid and working your way up slowly. Placing your first bid early gives you time to observe how the auction progresses and make informed decisions about your next steps.

In a highest unique bid auction, the bid that is the highest and unmatched when the auction closes is the winning bid. A maximum bid value is usually set at a much lower level than the actual value of the lot.

After all, it makes sense. The myth is out there that the lowest bid wins the contract. The truth, however, is that all decision-makers would like to award every contract to the lowest bid but often do not or cannot. As Bid Builders and Bid Managers, we have come to understand both sides of the procurement process.

Do you have to accept the highest bid at an auction? ›

Once a bid is accepted, the seller has no right to accept a higher bid, nor can a buyer withdraw the buyer's bid[ii]. Generally, an auction is complete when the bid is accepted. A binding contract is created by the auction. The seller can also set a reserve price in advance.

Hibid generally attracts a domestic, US audience. Live Auctioneers is a worldwide platform that provides global marketing, and reaches a larger audience. As such, listing fees are higher, as is the buyer's premium.

It is the responsibility of the buyer, not the auction company, to ensure that sales tax paperwork is complete, up to date, and on file, -BID RETRACTION: Bids cannot be retracted once the auction begins.

We do not accept any reasons for failure to make payment. If, after notification via email or phone, there is no response and payment is not received within THREE (3) days, the auction account will be blocked and REPORT TO HIBID, and the outstanding bill will be forwarded to a debt collection agency. 6.1.

Rather, during an auction until the high bidder is deemed the winner, he is always in a position of maybe winning — that is if nobody else bids.

Buyers must pay for the items they purchase on eBay within 4 calendar days. If the buyer doesn't pay within this timeframe, the seller can cancel the order and an unpaid cancellation will be recorded on the buyer's account.

If the reserve price is not met, the seller is not required to sell the item, even to the highest bidder.

Stay Positive

You can soften the blow of a rejection email by adding kind words wherever you can. Compliment the contractor's reputation, business, or whatever attracted you to them in the first place. Tell them that you received quotes from several great contractors, but you decided on another bidder.