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on 07-22-2012 11:39 AM
What does ``You're the highest bidder but the reserve price has not been met.`` mean?
on 07-22-2012 11:48 AM
Well it means you are the highest bidder right now, but there is a Reserve price that hasnt been met and if this isnt Met then you wont win even if you are the highest bidder, Example:
If your highest Bid is $50
and the Reserve is $100, then when the sale ends you still lose cause the auction ended and no one Got to $100 or whatever the reserve is. if this isnt met then the seller dont have to sell it to you.now if the auction takes off and Someone Gets to $100 then you all will see a message "Reserve price has Been Met", then whoever has the highest bid wins it.