Grab a bargain...
Auctions allow you to buy the item straight away, bypassing the auction process if you wish.
What is a 'BuyNow' Auction?
BuyNow is an auction, with a BuyNow purchase price option. This allows keen buyers to buy the item immediately. If a member chooses to buy at the price offered, it stops the auction process. However if a bid is made over the reserve price, the BuyNow option is forfeited and the item will run as a regular auction and the highest bidder will win.
If you are listing an item that you would like to sell quickly rather than at the highest possible price, use the BuyNow option. It allows your bidders to offer you a fixed price amount that has been pre-determined by the seller.
We advise to offer these at the best price you can to attract potential buyers who want to bypass the bidding process. Please note when listing items with a BuyNow price you still need to enter a start price and a reserve price.
Remember once a bid has been placed above the reserve price, the auction process must proceed and the BuyNow option is lost.
As a buyer, you may decide that items with the BuyNow option works for you because they allow you to buy an auction item at a fixed price, whilst bypassing the auction process.
To list items with the BuyNow option, we require members to be
'Address Verified' with Trade Away.
BuyNow auctions are identified by the little 'Red buynow Icon' shown above, and this will appear next to the listing, showing other members it offers a BuyNow price. These are auctions and they will command a success fee.