how do bids work on stockx

It isnt an auction its more like a stock market. Auctions can have a set reserve price andor a buy now price.

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Check it out as I place a bid on a shoe an.

. Browse thousands of products today. How do bids work. How StockX built a 1 billion sneaker resale empire.

Purchase will automatically be charged and processed. Ad Buy and sell the hottest electronics on StockX. So I decided to make a detailed video.

Auctions can be live from 3-5 days depending on what the seller chooses. Bids cannot be cancelled once accepted by seller. Search the item on StockX and select the size you have.

The buyer then waits for the seller to accept the offer at a given price. 882 posts 879K followers. Bids are set to last 30 days by default but can be adjusted.

StockX follows the usual auction processes auction starts bids start coming in the highest bidder or the person who buys now can win the auction. If you have the lowest Ask buyers who place a matching bid will automatically buy from you. The person who bids the highest amount wins the auction.

When you bid youre essentially asking a seller to accept your price. You can set listings up to expire after 7 10 14 30 or 60 days and renew as needed. StockX has thousands of items and sneakers that buyers can browse.

Little guy is so stoked for his first pair of Yeezys gotitonstockx. Op 2 yr. What happens if you lose a bid on StockX.

Buyers who participate in auctions bid against each other in order to win the asset through an open bidding process. Dallas - Fort Worth Texas. Meanwhile low bids on StockX offer a great opportunity to make money.

Resellers are losing money from the low bids that are offered on StockX. Ship product to StockX for verification within two business days Product will be shipped out to buyer on sellers behalf. Bids Buy Now how to pay and deliveries.

List your product and set it to bidding or buying. If bidding buyers have the option of submitting a bid for a certain period of time 7 10 14 30 or 60 days. Learn how StockX ensures our products are legit.

The first step you should take to sell on StockX is to place and ask. So if you see a shoe sell for 600 but the lowest ask is 500 its because that sale was in a different country where they didnt have the 500 ask available because of location it would cost stockx too much in shipping and such. Asks Sell Now shipping verification and payment info.

StockX is the top-rated site to buy sell authenticated electronic products. You have an item lets say a luxury bag or a pair of sneakers that you want to sell. Notifications and settings Ask and Bid management.

StockX Heres how it works as a seller. From there you can sell it immediately for the highest current bid or submit an asking price and wait for someone to pay it. Once the reserve price is met buy now is no longer available.

They do so by placing competitive bids in an attempt to beat out the other buyers. Once you spot your desired item on the listing you can immediately buy at the current price or submit a bid with a lower price. How does StockX bidding work.

However before you place your bid you must link a payment method first. To my surprise many people are confused about how to place a bid on StockX. If someone lists a lower Ask than you they will get the sale however your Ask is still active and could be accepted if it becomes the lowest ask again.

You may be the highest bidder but no one is under any obligation to accept your offered price. This is why you have to click on the view bids and asks manually and it doesnt.

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