posted on March 22, 2003 06:30:20 PM new
I just received an email from an ebayer asking me what my reserve price is on my auction. Do I tell them? They have not bid on my auction yet.
posted on March 22, 2003 07:58:17 PM new
There have been pros and cons on this subject, but I never hesitate to disclose my reserve price. The risk occurs, I believe, when you think your item could provoke a bidding war and go much higher than your reserve (you have to have a lot of confidence here!). There may be no bids until near the end of the auction, and the reserve price, once disclosed, may be the winning bid. I still think it's worth the risk. Bids draw more bids, usually. Good luck.
posted on March 23, 2003 01:12:14 AM new
I quit using reserves and start my auctions at what I would like from the piece. It's easier that way. You don't have to many emails to answer.
