What happens if reserve not met on Ebay?
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. … If you bid below the reserve price, you’ll see a ‘Reserve not met’ message. This means that even if you’re the highest bidder at the end of the auction, you won’t win the item.
What is the reserve on ebay?
A reserve price is the lowest price you’re willing to sell an item for. By using a reserve price, you can set a low starting price for your auction—and boost interest in your item—without the risk of selling your item for less than you think it’s worth.
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!
Should I reveal my reserve price on Ebay?
Re: I’ve been asked to disclose my reserve price
No, that’s not the case. It’s to prevent the item from being sold for any less than the Reserve. There’s no reason at all to keep it a secret.
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 is the lowest reserve price 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 do you tell if there is a reserve on eBay?
You have to click through to the Listing Page for the particular listing to find out if there is an unmet reserve (will say “Reserve not met” under the “current bid” amount) and from there to the Bid History Page (click on the # of bids on the Listing Page) to find out if there is a reserve that has been met (will say …
How much do eBay charge for a reserve price?
Yes, there is a 4% reserve price fee, which has to be paid whether or not the item sells. If your item didn’t sell because it didn’t reach your reserve price, that’s exactly why you paid for it!
What is the fee for setting a reserve price on eBay?
Reserve price Add a minimum price that must be met for your item to sell.Reserve price$0.01–$149.99$3$150 or more2% of reserve price Maximum charge of $100
Can I remove reserve price on eBay?
To lower or remove the reserve price: Find your listing in My eBay Selling – opens in new window or tab or Seller Hub – opens in new window or tab. Select Revise from More actions. In Selling details (business tool) or Pricing (quick listing tool), lower or remove your reserve price.
What is the 15 minute rule on Gunbroker?
In this mode, the listing is automatically extended until no bids have been placed within 15 minutes. When 15 minutes have passed with no bidding activity, the listing ends. The purpose for the 15 Minute Rule is to prevent sniping and offer all users the opportunity to bid.