Do Bidders See The Reserve Price?

Is the starting bid on eBay the reserve?

One way to protect your costs and fees is to just make the item’s starting price around $60 – for example, start the bidding at $59.95.

Assuming a basic eBay listing with gallery photo, your listing fee would be $2.75 for this.

$2.00 of this fee is a reserve price fee and would be refunded if your item sells..

Should I disclose 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.

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.

Can you buy it now if there is a bid?

In most categories, the Buy It Now price has to be at least 40% higher than the auction price. The Buy It Now price is available until someone bids on the item or until the reserve price is met.

How does an auction work on eBay?

When you list an item for sale in an eBay auction, you choose a starting price, and interested buyers place bids. When the auction ends, you sell to the highest bidder.

What does you haven’t met the reserve price mean?

A reserve price is a minimum price a seller is willing to accept from a buyer. In an auction, the seller is not required to disclose the reserve price to potential buyers. If the reserve price is not met, the seller is not required to sell the item, even to the highest bidder.

Can you find out the reserve price on eBay?

A reserve price is the lowest price you’re willing to sell an item for. Bidders can’t see the reserve price, but they’ll see whether or not it has been met.

What happens if reserve is 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. … 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.

How are reserve prices set?

When setting your auction reserve price, you’re aiming to find that perfect balance between maintaining a fair price to encourage bidding, while keeping activity high enough to reach your target sale price. Let your expectations become too unrealistic, and you could be setting yourself up for failure.

How much does ebay charge for a reserve price?

Auction-style listing example 2Insertion fee$0.00Final value fee$750.00Gallery Plus fee$0.70International Site Visibility fee$0.40Reserve price fee (7.5% of $400)$30.002 more rows

Do you pay reserve price fee if item doesn’t sell?

The reserve fee is part of the insertion fee and charged whether the item sells or not. To avoid paying the reserve fee, list your item with a stating price equalling your reserve price. Don’t start a listing at 99 cents with a reserve.

What happens if the reserve isn’t 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.

Should you tell bidders the reserve price?

If the reserve price is not met, the only way of communicating what it is to buyers is to simply tell them what it is. … Alternatively, if you are a buyer interested in bidding on an auction with a reserve price, it would behoove you to simply ask the seller what the reserve price is.