Ok I have 2 questions on reserve bidding.
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01-22-2015 12:23 PM - edited 01-22-2015 12:26 PM
I bid 100.00.
Does it show 90.00 in the bid and reserve met.
Or the I00.00 in the bid and reserve met.
#2. Say I am high bidder but did not reach the bid even in the hidden part of the bid therefore I do not win.
Does the seller, is the seller able to see what my max was.
If not then I think I would list OBO. In case the hidden bid was only 1.00 short. I could still except.
Re: Accept not except (and don't get me started on jibe and j...
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01-22-2015 01:35 PM
Accept not except (and don't get me started on jibe and jive).
#1.-- It will show $100.
#2.-- Yes the seller can see all the maximum bids. Since bidding stops when each bidder reaches her maximum.
So, if you bid $90 and I bid $89 and the Reserve was $100, the high bid of $90 would be published during the auction. The bidding is also viewable and the seller (or you or I) could see my maximum $89 bid.
Are you planning to sell with a Reserve? Don't.
Many bidders find Reserves annoying and will back button away from the auction.
Remember that your opening price is a Reserve, in that no one can bid less than that.
Further, you pay a fee for the Reserve whether the auction is successful or not. So you are paying more to fail.
Open at a price that you would be comfortable with, and hope the price goes to a point that makes you ecstatic.
Re: Accept not except (and don't get me started on jibe and j...
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01-30-2015 10:12 AM
