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In the next few weeks, you will start to see new alert messages which will notify you when the status of an auction or Buy It Now listing you’re involved with as a buyer has changed. These will display underneath the eBay Header (the bar at the top of almost every page with the Buy and Sell buttons). You will see an alert when the following happens:
An item that you’ve been outbid on is about to end. An item you’re watching (but haven’t bid on) is about to end. When this is introduced, you will be able to modify your notification preferences to control the type and frequency of alerts you would like to see.