Fixed Price Auctions
 A Fixed Price Auction is really not an auction at all, but rather an item for sale. The fixed price auction differs in that the first bidder to place a bid will win the item and the auction closes immediately. This is not the same as the Purchase Now option for standard auctions where a Purchase Now price can be offered in addition to the starting bid price to give buyers a choice. Once a bid is placed (or the reserve is met, if any) the Purchase Now option is turned off. |