Question 'bout Ebay

[LethalWolfe]

Okay, I'm selling something on eBay and I have the a reserve price (ya know, if the bidding doesn't meet/exceed my stated price no one "wins" the auction). The reserve price isn't displayed, but I keep getting a guy e-mailing and asking what the reserve price is. Should I tell him? So far I've givin him vague answers like, "It's a resonable price.."


Lethal

 

[Kelvrick]

Just ignore the guy.

 

[b0mbrman]

<< Okay, I'm selling something on eBay and I have the a reserve price (ya know, if the bidding doesn't meet/exceed my stated price no one "wins" the auction). The reserve price isn't displayed, but I keep getting a guy e-mailing and asking what the reserve price is. Should I tell him? So far I've givin him vague answers like, "It's a resonable price.."


Lethal >>


Just ignore him. Tell him to bid what he wants

 

[Smolek]

<< Just ignore the guy. >>

 

[StageLeft]

I don't really know why but I think it's in bad form to ask the seller that.

 

[Hossenfeffer]

Well, in the bidder's defense, it's also marginally annoying to bid, have it be too low... bid again, too low, etc. Telling him the reserve price won't cost you a dime.

It's reasonable for you to say you'd like to keep the reserve price private.

 

[TallBill]

give him a price HIGHER then the reserve price...

 

[LethalWolfe]

I understand him wanting to know the reserve price, but it's also a secret for a reason.

Thanx for the all the input. I just wanted to make sure I wasn't violateing any auction edicate<sp?>.


Lethal

 

[Hossenfeffer]

IMHO, there are rarely good enough justifications for a reserve price, let alone a private one. For the most part, folks will bid as high as they'll go (or higher). If you're trying to force a bidding war, that's one thing I suppose. Other than that... who knows.

 

[goodoptics]

Ah, there you are. Just tell me the reserve price. dammit!


































j/k

 

[ThaGrandCow]

Why not tell him? The reserve price is the minumum you will sell it for. Anything less you re-post it, anything more and it's in the mail to the person. He wants to know the minimum you'll let it go for. If you tell him 1 of 2 things will happen: he'll bid on it or he won't. If he bids on it, then it's safe to say he'll bid what you want for it. Everyone wins.

 

[vegetation]

Don't use a reserve price. You turn away a lot of potential bidders. I will personally click the back button shaking my head in disgust as soon as I see it in an auction.

 

[Pliablemoose]

I use a reserve price & usually list it in the description, that way I don't have to set the minimum bid too high, encourages bidding & attention & puts all those folks with bidding engines on level ground...

 

[StageLeft]

<< Don't use a reserve price. You turn away a lot of potential bidders. I will personally click the back button shaking my head in disgust as soon as I see it in an auction. >>

If you're selling something worth $300 but due to lack of interest at the time your top bid is only $100 you sure as heck want a reserve price on it.