Advise Needed.. WWYD?

[wonkaticket]

[Matthew H]

29 watchers. Don't count me I'm just a looky loo

[christopher.herman]

With 30 watchers ending it early is leaving money on the table. You have a reserve for a reason. Let the auction run it's course.

[FrankWakefield]

Tell the buyer the reserve is $3800, out of respect to the other bidders and watchers you're going to let the auction continue, and you wish him good luck with it and hope he wins. That way he can bid $4k, it'll show he's top bidder at $3800, and he can see where it lands...

[Exhibitman]

If you are pleased to sell it at $4K, cancel the auction and sell it. There's an old saying: pigs get slaughtered. I've had a number of auctions where I've offered the seller more offline to close out than the item ended for when the auction took its course. Having an auction with a reserve is a little different than otherwise--you will know the top bidder's max price because it will stall out below the reserve. If the item doesn't reach close to the reserve, congratulations, you just provided the putative buyer with a market-based reason to rescind his offer.

[vintagetoppsguy]

Originally Posted by Exhibitman

If you are pleased to sell it at $4K, cancel the auction and sell it. There's an old saying: pigs get slaughtered. I've had a number of auctions where I've offered the seller more offline to close out than the item ended for when the auction took its course. Having an auction with a reserve is a little different than otherwise--you will know the top bidder's max price because it will stall out below the reserve. If the item doesn't reach close to the reserve, congratulations, you just provided the putative buyer with a market-based reason to rescind his offer.

Agreed. Take the money. A bird in the hand...

As far as being fair to the other watchers/bidders...fair doesn't pay the bills. Money does.

[Bicem]

Originally Posted by Exhibitman

If you are pleased to sell it at $4K, cancel the auction and sell it. There's an old saying: pigs get slaughtered. I've had a number of auctions where I've offered the seller more offline to close out than the item ended for when the auction took its course. Having an auction with a reserve is a little different than otherwise--you will know the top bidder's max price because it will stall out below the reserve. If the item doesn't reach close to the reserve, congratulations, you just provided the putative buyer with a market-based reason to rescind his offer.

isn't the saying pigs get fat, hogs get slaughtered?

I'd prob gamble and let it run it's course since $4000 vs $3800 minus fees isn't a huge difference and there could be upside.

For $4200 I'd end it though.

[Ronnie73]

Let the auction finish. Most bids happen in the last minute. I've had auctions ended early on me and when i find out what was paid, my max bid is usually higher than the dealer accepted. While on a what to do topic, why do some ebay sellers put a card at $150 or best offer and then it ends with as offer for $25. I hate that because i would have paid $40 but figuring your asking way more than its worth, i would just be waisting my time making an offer.