eBay places house bids against the reserve... sometimes?

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08-14-2011, 01:14 PM

novakjr

David Nova.kovich Jr.

Member

Join Date: Jan 2011

Location: 20 miles east of the Mistake

Posts: 2,269

Quote:

Originally Posted by ChiefBenderForever

Only one person has to bid at the reserve amount to win it, per Matts example- if reserve is $500 and one person bids $600 it would go to $500 and they would win it with only bid in the auction.

Correct. To automatically escalate at the end of the auction, only one has to top it... Now to legitimately reach the reserve, without ebay's auto bid taking place, then two would have had to reach it(or at least been close enough that one of 'em went over).

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