Well, don't see why they can't put up a minimum bid so anyone can see what they will take for the item, and can not waste time bidding on something that won't sell for what they want to pay. All a reserve is is a hidden minimum. Of course if all you want is to get an idea what your item is worth without accually having to sell it, you can set a very high reserve.

BTW I hear Ebay has been cracking down on those very high ssh charges, claiming it is just a way to beat them out of their commission. I always subtract the ssh charge from my max bid so it doesn't hurt me any.

--graywolf
http://graywolfphoto.com


frank theriault wrote:


Excellent advice all around, Patrick!

If an item has a reserve on it, I usually don't  bid.  Why bother?  I'm looking
for a bargain, not something with a reserve set at around the KEH price!

That's doubly true if it has a BIN and a reserve, since the reserve is
inevitably set at the same price as the BIN.  I don't know why these people go
through the sham of an "auction".  Have the starting price, the BIN and the
reserve as the same price, and stop wasting everyone's time!

cheers,
frank

Patrick Wunsch wrote:



9 times out of 10, you will garner a higher selling price by not having any
reserve.  When you set a reserve, most people, including myself,  assume
that the price you set is what it's worth and not a whole lot more.  This
keeps people from bidding on your item. The single driving force to get the
most money from your item is having all the more people bidding on it.

As far as selling "as-is" or not.  I would do the opposite.  If your fairly
confidant in your product, do the opposite and guarantee that the item is as
described and offer a refund if it isn't.  This will surely raise the final
price.  Of coarse you would have to honor that guarantee but that's only the
right thing to do.

Just my opinion but also my experience from consistently getting a much
higher than average price for some of the items I have listed.  Good luck

Pat




-- "The optimist thinks this is the best of all possible worlds. The pessimist fears it is true." -J. Robert Oppenheimer









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