What does no reserve on eBay mean?
For auction format, seller starts the bidding at a starting bid. No Reserve means that the item will sell regardless of the amount the auction gets as long as it is above the starting bid. It is an Absolute Auction.
How do I find no reserve on eBay?
If there are auctions for the vehicle you want at the upper right, click on the Auctions button, then the No Reserve filter should show up. I used it daily to search for and buy a car or a truck on a whim. Ebay done screwed up one of the best things it had going for it.
What happens if you do not meet the reserve on eBay?
If the reserve price isn’t met, the item won’t be sold. … Sellers can choose to add a reserve price when listing an item in an eBay auction. Unless they state their reserve price in the listing, you won’t know what it is until you either meet it or bid above it.
What is the minimum reserve on eBay?
Ebay for their own reasons decided that the minimum reserve price is £50, accept it and move on. As others have said start your auction at the minimum you’d be happy to accept, unless it’s a free listing day then yes you’ll have to pay an insertion fee but that will be alot less than the reserve fee.
How much does eBay charge for reserve price?
If you start your auction at $0.99 and have no reserve, the listing fee is free (for the first 100 items per month) if you don’t have an eBay Store.
Insertion (listing) fees.Opening Bid or Reserve PriceInsertion FeeBasic Store Subscriber Insertion Fee$0.01 to $0.99Free*$0.10$1.00 to $9.99$0.25$0.25
Should I set a reserve price on Ebay?
You can either use a reserve price or you can start the bidding high. … To avoid this problem, you can use a reserve price. The reserve price is used to set the lowest price at which you are willing to sell your item. It is not visible to the bidders and you can set the bidding as low as you want to attract more bidders.
What happens if you are the highest bidder but the reserve isn’t met?
If the listing ends without any bids that meet the reserve price, you aren’t required to sell the item. … The highest bidder will win the item. If the bidding does not reach $150 (the reserve price), the item won’t sell, and the seller isn’t required to honor any bids below the reserve.
Do you have to pay reserve fee if item doesn’t sell?
The insertion fee and all listing upgrade fees, including the Reserve fee, are charged to your invoice at the time that the listing goes live, and they are nonrefundable. Most sellers avoid this by just starting the bidding at the lowest price they’d be willing to sell for.
What happens if reserve not met?
If the reserve price is not met, the seller is not required to sell the item, even to the highest bidder. Some buyers dislike reserve prices as they reduce the chance of them getting bargain deals. A reserve price is not to be confused with an opening bid, which is the suggested starting bid for an auction.
Can you sell on eBay if reserve not met?
A reserve price is the minimum amount the seller is willing to sell an item for. If the reserve price isn’t met, the item won’t be sold. … Sellers can choose to add a reserve price when listing an item in an eBay auction.
Why does eBay say reserve price must be 50?
The £50 minimum reserve price is just that – the minimum! However, these are costly, so just set your item to the minimum you are happy to receive and that will be your reserve, because no one can bid lower!