Blog

Can I set a reserve price on eBay?

Can I set a reserve price on eBay?

Sellers can choose to add a reserve price when listing an item in an eBay auction. If you bid below the reserve price, you’ll see a ‘Reserve not met’ message. This means that even if you’re the highest bidder at the end of the auction, you won’t win the item.

How much does it cost to set a reserve price on eBay?

RESERVE PRICE AND OTHER FEES

Reserve price Add a minimum price that must be met for your item to sell. Reserve price
$0.01–$149.99 $3
$150 or more 2% of reserve price Maximum charge of $100

Is the reserve price the same as buy it now?

Auctions can have both a Buy It Now price and a reserve price, though the reserve price and the Buy It Now price do not have to be the same. Once the reserve price is met, the Buy It Now option is removed from the listing, and the auction will continue with bidding as normal.

Why is the reserve price hidden on eBay?

What if it’s got a reserve? Sellers occasionally list goods at a rock-bottom figure, but set a reserve, a hidden minimum price. These listings say “reserve not yet met”. The seller hopes the low price will attract bidders, but don’t want to part with it for that amount.

How do you calculate reserve price?

The inputs needed for calculating reserve price for future auctions are:

  1. Auction Prices of all past years.
  2. Propagation weights of all spectrum bands.
  3. Cost Inflation Index for past years.
  4. Average % revenue distribution across circles for past years.

Does eBay charge reserve fee if item doesn’t sell?

If you start your auction at $0.99 and have no reserve, the listing fee is free (for the first 100 items per month), if you don’t have an eBay Store….Insertion (listing) fees.

Opening Bid or Reserve Price Insertion Fee Basic Store Subscriber Insertion Fee
$200.00 or more $2.00 $2.00

Can bidders see reserve price?

A reserve price is the lowest price you’re willing to sell an item for. Bidders can’t see the reserve price, but they’ll see whether or not it has been met.

Should I reveal my reserve price?

In an auction, the seller is not typically required to disclose the reserve price to potential buyers. If the reserve price is not met, the seller is not required to sell the item, even to the highest bidder. As a result, some buyers dislike reserve prices as they encourage bidding at levels that may not win.

Does eBay tell you if there is a reserve?

A reserve price is the minimum amount the seller is willing to sell an item for. Unless they state their reserve price in the listing, you won’t know what it is until you either meet it or bid above it. If you bid below the reserve price, you’ll see a “Reserve not met” message.

What happens if reserve price not met on eBay?

If the reserve price isn’t met, the item won’t be sold. Sellers can choose to add a reserve price when listing an item in an eBay auction. If you bid below the reserve price, you’ll see a “Reserve not met” message. This means that even if you’re the highest bidder at the end of the auction, you won’t win the item.