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Old 05-12-2004, 10:34 AM
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Default Reserve Price Auctions

Posted By: Nickinvegas

T206:

As a seller I can tell you it is a tough call. I used to place a reserve on any items valued over $100; And I received a few complaints about my placing reserves on everything, so I stopped. I then tried placing a resonable minimum bid, there is very little action on items with starting bids that are a signifigant percentage of the items value.

I have recently been trying a low minimum bid(no reserve)and my items have not done well.

I have been burnt many times going with no minimum no reserve, but those are the auctions that typically get the most bids.

Nick

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