There is one gripe I have with ebay.
Well, probably more, but one that would change the way ebay works, and be a real auction house.
There is a website, gunbroker.com, that deals in firearms. The way they work, is that after the bid cutoff, the bid has to stand for 15 MINUTES before it's accepted as a final bit. This is like the "Going once, going twice!" period.
What happens with this, is that, the seller gets top dollar for what people are willing to pay, and the buyers actually get to pay what the item is WORTH to them, not just who can throw in a bid at the lucky 2 seconds left mark.
If ebay was like this, everyone would win. The buyers deserving of the item would get it, the sellers would make more, and ebay could charge the sellers more, since their item sold for more.
As it is right now, all the smart people know its stupid to bid anytime before the last 10 seconds of the auction.
All you're doing is driving the price up.
Anyway, that's my gripe with ebay.
I'm very familiar with gunbroker.com I understand what you are saying and agree with most of your points. My only thought is that makes for a totally different game from the buyers perspective. In my situation, buying tooling and supplies for my business, it's nice to be able to snipe or work with other bidders. The last minute bidding on gunbroker has driven me, as a buyer, CRAZY several times and waisted my time in the long run.


