on 03-02-2020 03:46 PM
I am new to selling on e-bay. My selling limits are $1,000/mth and 10 items.
I want to list a valuable item on auction and list it at $1 with no reserve bids. What happens if the winning bid in the auction is over $1,000?
BTW-- very few experienced sellers use Auctions at all, less than 15% of listings are auctions.
They work for some collectibles or antiques, but for mass market things... use Fixed Price and perhaps even Immediate Payment Required.