QUOTE (GRL VenCap @ Aug 13 2002, 09:23 PM)
Oh what happens if no one buys the computer? no bids? then what?
do you have to pay ebay or something?
hi, i can help you w/ this a little bit too.. my fiance is always buying and selling on ebay.. just think of it as an online auction house.. that's all it is..
if you put something up for bid, yes you have to pay a small fee... usually ranging from $0.60 to a couple dollars depending on how you want your add to look. if you want to add extra pictures, it costs a little, etc.
if no one bids on your item, you're still charged that small fee for placing your item on their site.
something iceblink didn't mention which i think is also important is that when and if people bid on your item, it's in increments.
say i want to sell a baseball card. i know it's worth about $20, but i don't care if i get less then that so i'll start my bidding at say.. oh... $5. now, if someone wants to bid on it, they want the price to stay low right?? so they'll bid $5.50. then someone else comes along and sees my add.. likes what he sees and wants to outbid this person that is willing to pay $5.50 for the card. but this new guy is willing to go a lot higher, so he'll put in a bid for $10.00. now if someone else wants to bid on this item, it's now up to $10.00.
the bidding can go on and on as long as people are still willing to pay that amount. the buy-it-now price is if you don't want the price to go any higher, you can put a buy-it-now option on it. for instance, i might put a buy-it-now price on the card for about $30. even if the card is still at $5 or $10, someone can click buy-it-now and pay the $30 and win the auction automatically.
there is also the reserve price. say i want people to bid on the card, but i don't want it to sell for less then $20. i'll put a reserve price on the card for $20 and start the bidding at $5. no one can win the auction for the card until the bidding goes over $20.. if it doesn't go over $20 by the time the auction is over, then the auction would be voided and i'd have to list the item over again..
if you have any more questions, let us know

~cheese
hope i helped a little and didn't confuse you!!!