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What happens if you do not meet the reserve when bidding on an eBay item?
Wiki User
∙ 13y ago
Not all eBay listings have reserves set.
If a listing does have a reserve you will see the words "reserve not met" near the top of the listing in the official details and they will remain until such time as the reserve is met, at which point they will disappear.
If you don't see that wording there is no reserve (even though the seller might say that there is in their own description).
When an auction ends and the reserve isn't met, the seller isn't obliged to sell to the highest bidder and can, effectively, withdraw the item. They are able, however, to offer to sell to the highest bidder for the displayed highest bid amount.
The highest bidder is then under no obligation and can accept or decline as they choose.
Wiki User
∙ 13y ago
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What does it mean on eBay if shows 0 bids-bidding has ended?
Bidding on eBay ends when the duration of the auction is over. If it shows zero bids when the bidding has ended, the item did not sell. If the item sold, it will show the number of bids and the user id of the highest bidder who won the item.
What does NO RESERVE mean on the eBay auction listings?
Normally a seller will know roughly what their item will sell for, or will at least know the minimum amount that they are willing to let it sell at, and they will set a reserve price near that particular amount for their item especially if it is a valuable piece. When you see "no reserve" it means that the seller has not set a miniumum amount that they will sell the item for and so if the final bid is 0.99 then the item will sell for 0.99, regardless of what it might actually be worth. Sellers sometimes use the words "no reserve" to encourage bidding but when the item sells for less than they wanted they refuse to sell it to the winning bidder. In this case the seller should be reported to eBay for seller non-performance.
What happens when you sell stuff on eBay?
If someone place a bid on the item and there was no reserve (or the winning bid is passed the reserve), the buyer pays for the item. The seller then posts the item or sometimes the buyer collects the item. Then both the seller & the buyer can leave feedback.
What is the best method of selling your 1900-1925 silver dollars?
Definitely Ebay. You will get the most exposure for your collection and get the top dollar for what it is worth. Do your homework and find out about how much your collection is worth. The best way to list on Ebay is to start bidding at 99 cents and have a reserve on your item so that you get at least that much.
How do you investigate the reserve price of an eBay item by using software?
you have sex with your grandma then you do your pet :)
Can you inspect a item on Ebay before bidding?
you can only go by the description that the seller states, when you bid and win the item and you are not happy or the item is not as desribed you will have the option to have a refund or resolve it through Paypal.
Can you still bid on eBay after bidding has closed?
of course you can't, if biding is closed for that item then it wont be sold or will have been sold
What happens if an auction reserve isn't met?
The item doesn't sell
What happens on eBay if you bid on one item and no one bids against it?
what do you think happens if no one bids on an item
EBay when it says reserve not met?
a seller can sett a price of what they want the item to at least sell for and if it doesn't reach this nuber the item will not sell
What is a good way to win no reserve auctions?
A good way to win no reserve auctions is to do sniper bidding which is putting a bid in at the very last second. It is seen by some as unethical but if you do it right you'll win the item.
Should a reserve price be declared in an auction?
Declaring a reserve price at an auction generally defeats the purpose of having a reserve price. Let's look at the situation. If a reserve price was placed on an item at an auction and revealed, that would be effectively the same as setting a starting price for the auction. Bidders would know that the unit on the block had a reserve of, say, $100, so unless someone was willing to bid $100 for the unit, why bother to bid at all? The auction bidder would bid the $100 or just remain silent and wait to see what happens next. If a reserve price was placed on an auction item and not revealed, bidders would get a chance to bid against each other and attempt to win the item. As the gavel falls on the last bid, the highest bidder would know he had outbid his competition, but would have to wait to see if he met the reserve. This frustrates many bidders. Further, many bidders simply won't "waste time" bidding on anything with a reserve. Their attitude is to have the seller and auction company set a starting bid and everyone can take it from there. Auctions with a reserve often don't attract nearly as many bidders as they would if there was no reserve. True, the seller won't get to "insure" a minimum return for the item, but that seller will get many more bidders to jump in by not having set a reserve. Anyone who follows eBay auctions will know the general ideas presented here are on point. Lots of eBay items with a reserve (that is not declared) will simply have time expire on the auction without attracting any bidders at all. Most bidders who might be interested in an auction item with a reserve will just pass on it rather than get involved in any bidding. Why bother to bid and attempt to outbid competitors only to risk falling short of a reserve price that is beyond what a bidder bid? Or a price that is beyond the maximum that a bidder would be willing to pay for the item? Auctions with a reserve tend to stiffle bidding.
