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Chapter 24. Buying and Selling Online > Buying—and Selling—at eBay Auctions

Buying—and Selling—at eBay Auctions

Some of the best bargains on the Web come from other consumers, just like you, selling items via online auction. An online auction is, quite simply, a Web-based version of a traditional auction. You find an item you'd like to own and then place a bid on the item. Other users also place bids, and at the end of the auction—typically a seven-day period—the highest bidder wins.

Far and away the largest online auction site is eBay (www.ebay.com), shown in Figure 24.3. On any given day, there are more than 24 million items listed for auction on eBay; do a search from eBay's main page, and you can find everything from rare collectibles and vintage sports memorabilia to the latest electronics equipment.


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