Sellers list an item for sale to be sold to the highest bidder.
Bidders compete for the item and the highest bidder wins.
Auctions typically last from 5 - 14 days. The reserve price should be stated before you bid. Identical items are offered for sale at the same time. At the end of the auction the the highest bidders win at the lowest successful bidders price. Identical items are offered for sale at the same time.