topic Re: Reserve Priced Auction in Selling

Reserve Priced Auction

rabbitearbandicoot — Mon, 21 Jul 2014 09:12:32 GMT

In a 99c start auction, lets say the seller has put a reserve price of $35 (unknown to the bidders of course). Let's say bidder 1 bids 99c and bidder 2 bids $40, the auto bidding thing will set the current bid at $1.09. Now there are no more bids. At the end of the auction, the reserve price has actually been reached (by bidder 2) but the auto bid facility still says the current bid is $1.09.

I know, long winded, but .....

So has bidder 2 won the auction or not?

Re: Reserve Priced Auction

imastawka — Mon, 21 Jul 2014 09:21:44 GMT

I thought (may be wrong) that you could only have a reserve price in Motors, Cars

etc.

Try this

http://pages.ebay.com.au/help/buy/reserve-price.html

Re: Reserve Priced Auction

rabbitearbandicoot — Mon, 21 Jul 2014 09:54:00 GMT

OK, thanks for that - I think this part answers my question

If your maximum bid is the first to meet or exceed the reserve price, the effective bid displayed will automatically be raised to the reserve price.

and no, it's not just in Motors etc

Re: Reserve Priced Auction

imastawka — Mon, 21 Jul 2014 09:59:32 GMT

But, but, this.....

The Reserve Price option is only available for vehicles listed in the Cars, Bikes, Boats category (excluding Go Carts, Pocket Bikes and Trailers).

From here:

http://pages.ebay.com.au/help/sell/reserve.html

Re: Reserve Priced Auction

rabbitearbandicoot — Mon, 21 Jul 2014 10:05:35 GMT

Evidently in Jewellery too

GENUINE 18K YELLOW GOLD G/F DIAMOND SIMULATED & RUBY HUGGIE STUD HOOP EARRINGS

Re: Reserve Priced Auction

bigbrickshop — Mon, 21 Jul 2014 10:13:11 GMT

That item is listed on eBay.com and reserves are permitted on auctions.

http://pages.ebay.com/help/buy/reserve-price.html

Re: Reserve Priced Auction

rabbitearbandicoot — Mon, 21 Jul 2014 10:18:33 GMT

@bigbrickshop wrote:
That item is listed on eBay.com and reserves are permitted on auctions.

http://pages.ebay.com/help/buy/reserve-price.html

So how do you get away with that?

Item location: Leichhardt, NSW, Australia.

are you saying the item is NOT in Leichhhardt, NSW ??

Re: Reserve Priced Auction

imastawka — Mon, 21 Jul 2014 10:19:27 GMT

Stooged me, cos item is in NSW

Starting price should have been a give away that it was .com

Re: Reserve Priced Auction

imastawka — Mon, 21 Jul 2014 10:20:53 GMT

Chinese sellers sell items from Sydney all the time.

They just listed on .com that's all

Re: Reserve Priced Auction

davewil1964 — Mon, 21 Jul 2014 10:26:13 GMT

@rabbitearbandicoot wrote:
@bigbrickshop wrote:
That item is listed on eBay.com and reserves are permitted on auctions.

http://pages.ebay.com/help/buy/reserve-price.html
So how do you get away with that?

Item location: Leichhardt, NSW, Australia.

are you saying the item is NOT in Leichhhardt, NSW ??

it doesn't matter, if they list on a site that allows reserves.

Welcome back. It's 'nice' to see you have come up with a different slant.

Re: Reserve Priced Auction

*mobile63* — Mon, 21 Jul 2014 10:33:13 GMT

In an auction with a reserve,bidder 2's $40 bid would jump straight to $35 as it meets the reserve.

Re: Reserve Priced Auction

*mobile63* — Mon, 21 Jul 2014 10:37:15 GMT

Sorry, too late to edit. I missed your #3

Re: Reserve Priced Auction

putney32 — Mon, 21 Jul 2014 13:07:09 GMT

the location of the item does NOT determine whether or not you can list with a Reserve

it is a matter of WHICH EBAY SITE you want to use.

if you list on eBay Australia there are NO reserves on regular auctions (excluding ebay motors)

if you list on eBay USA you can set a reserve

if you list on eBay UK you can set a resrve over a certain price (from memory its about 50Pounds or so, check their site map)

the eBay site items are listed on determines how they are listed, no matter where in the world the items are shipped from

Re: Reserve Priced Auction

rabbitearbandicoot — Mon, 21 Jul 2014 23:34:45 GMT

@putney32 wrote:
the location of the item does NOT determine whether or not you can list with a Reserve

it is a matter of WHICH EBAY SITE you want to use.
if you list on eBay Australia there are NO reserves on regular auctions (excluding ebay motors)
if you list on eBay USA you can set a reserve
if you list on eBay UK you can set a resrve over a certain price (from memory its about 50Pounds or so, check their site map)

the eBay site items are listed on determines how they are listed, no matter where in the world the items are shipped from

so, that explains why there are THOUSANDS of items that are against eBay Australia Policy and yet eBay AU say they can do nothing about them. That doesn't seem very fair on eBay AU sellers (or buyers for that matter).

Re: Reserve Priced Auction

cq_tech — Mon, 21 Jul 2014 23:53:57 GMT

In which case eBay should standardise their T&Cs so that they are the same world-wide instead of continually disadvantaging AU sellers & buyers with the inclusion of certain rules & regulations and fees & charges which don't exist on other country's sites. What makes AU so special that we should be suffering these additional imposts anyway?