how does highest bid work on stockx

When you bid youre essentially asking a seller to accept your price. However before you place your bid you must link a payment method first.

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Fees are dependent upon the amount of previous items sold and range between 8 percent to 10 percent.

. Founded in 2015 StockX has quickly risen to become one of the leading online marketplaces for clothing across the globe. You technically only buy an item when your bid matches the lowest Ask otherwise its up to the seller to come down on price. 201 x 20000 -- Ask.

Notifications and settings Ask and Bid management. To my surprise many people are confused about how to place a bid on StockX. How Does StockX Work.

I can see the highest bid right away which suggests to me that the highest bid 122 that Im seeing is. 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. Here is a closer look at how the buying and selling process works on StockX.

The Bid and Ask dont necessarily reflect the true value of a stock or company. It isnt an auction its more like a stock market. If you see Bid.

Products with the highest auction bid prices. StockX strives to complete all orders within 7-12 business days that doesnt include weekends or holidays however most orders are completed sooner. If you sell or buy a lot you get discounted fees as well as discounts on shipping.

When you think of StockX just imagine the stock market because. Resellers can easily list their items for sale for sell them immediately for the highest bid. Learn how StockX ensures our products are legit.

Auctions can have a set reserve price andor a buy now price. The right to purchase the Goods as defined below is contingent upon fulfilling all requirements set forth herein. Thats the Dutch auction part of the.

How long does shipping take on StockX. And ask was 170. Im not even clicking View all Bids.

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. Well in my case the lowest bid was 109 so I bid 115. How does bidding work on stockx.

In that persons issue When I click View all Bids I can see that there are quite a few higher bidders but stockx wont let me sell to those. Check it out as I place a bid on a shoe an. The buyer then waits for the seller to accept the offer at a given price.

So I decided to make a detailed video. Shipping times vary depending on how quickly the seller sends the item to us to be authenticated7 days ago. Bids Buy Now how to pay and deliveries.

StockX has thousands of items and sneakers that buyers can browse. The business model of StockX is based on charging sellers a percentage fee for every sale they make on the platform. Once the reserve price is met buy now is no longer.

The seller sends the shoes to StockX which examines the shoes to make sure that they are genuine and unworn and then sends the shoes to the buyer. Average sales price for the last 12 months. Once a bid is placed you will need to ship the items to StockX to be authenticated.

Choose the kind of help you need. ARV Engineering. Auctions can be live from 3-5 days depending on what the seller chooses.

This is a different issue than mine. They receive fees from both the buyer and the seller and settle everything with customs. Its possible to find a great deal and also make money by downsizing your product portfolio.

Asks Sell Now shipping verification and payment info.

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