Vintage Asylum

RE: Use a reserve price

74.230.248.168

In Reply to: RE: Use a reserve price posted by Phil D on April 01, 2008 at 20:27:07

Ebay is interested in haveing the most number of successufll auctions- that is how they make their money.

I am sure that their study did not screen for realistic vs unrealist reserve prices.

In my case, I take time to research the FMV and set my reserve at FMV and by BIN slightly higher than that. I also include a complete description and several hi resolution photos showing the item in detail and from differant angles.

I have always gotten my price. Certiainly my method prevents me from taking advantage of a stupid buyer, but then I don't run the risk of a low final bid either- which does happen from time to time.

The original post concerned a seller's frustration at bidders who bid just enough to get rid of the BIN. My answer provided a working solution.

Best,

Ross

Follow Ups:

Post a Followup:

FAQ

Post a Message!

Forgot Password?

Moniker (Username):
Password (Optional):
	Remember my Moniker & Password (What's this?) Eat Me
E-Mail (Optional):
Subject:

Message:	(Posts are subject to Content Rules)

Optional Link URL:
Optional Link Title:
Optional Image URL:
Upload Image:
E-mail Replies:	Automagically notify you when someone responds.

To view your new posting or follow-up, click on the RELOAD or REFRESH button on your browser.