Well here is my view point from being a buyer only. If you want to make me put money in escrow then I want the item for sale shipped to Ebay to be held in escrow too.
I do not see how the seller is in any danger of a "bad bidder". The seller still has the item. The buyer is taking much more of a chance than the seller. The seller can just re-list the item for sale.
When I buy something I have to pay for it and HOPE that the seller is going to send me the item pictured in a timely manner.
As for the snipping. If I was a seller I would make it not possible to do it. The floating end time after the last bid would be how to go. That is what happens at a "live" auction. The auctioneer waits until he does not get any bids for a time and then sells the item.
Snipping is a trick to keep the total price lower and snip in an "steal" the item.
If I was selling much on Ebay I would make there be a reserve on all that I sold. That would keep the snippers from being successful.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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