reserve

[lisminakata03]

If my item reaches the reserve price before the auction ends does it get sold for the reserve price or can I let the auction run out and I get what I get. Thanks

[scifan57 · Accepted solution]

If the reserve price has been met,the item will sell to the high bidder when the listing ends.This may very well be higher than the reserve price if the item attracts a lot of bids.A lot of bidding in auction listings occurs in the last few minutes or even seconds of a listing. My advice is to let the auction run to the end.

[dmil8030]

A reserve price is considered the lowest at which you would be willing to sell the item.  You may indeed get much more by the end of the auction.  Here is a link that explains about reserves, if you wish to have a look:

http://pages.ebay.ca/help/sell/reserve.html

It is rather like a specific starting bid, so that you don't sell your item for too little.  Although with the starting bid, you don't pay the reserve fee like you will with a reserve auction whether the item sells or not.