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ortegaregina2012
Community Member
Posts: 1
Registered: ‎08-08-2012
If the auction ended but the reserve price was not met and I was the last bidder what is next...

Hello if I was high  bidder on an item that ended but the reserve price was not met what is next if the auction ended...

Other Answers: 4
inceptions
Community Member
Posts: 10,584
Registered: ‎01-20-2005
Answered
in reply to ortegaregina2012

If the reserve price was not met, there was no winner. You are released from any obligation.

 

If for some reason the seller has second thoughts and wants to sell at the highest bid price, he will send you a Second Chance Offer. But as he paid for a reserve, he likely wants that price and may relist the item and try again.


mrsmtn
Community Member
Posts: 13,056
Registered: ‎08-14-2008
Answered
in reply to ortegaregina2012

Nothing. The item did not sell.

mr_lees_deals
Community Member
Posts: 7,569
Registered: ‎12-06-2005
Answered
in reply to ortegaregina2012

It did not sell. So next? As a buyer, nothing.

As a seller? Up to him whether or not to relist or make a second chance offer

 

LC

“Every sale has five basic obstacles: no need, no money, no hurry, no desire, no trust.” Zig Ziglar
angelgirl327
Community Member
Posts: 10,942
Registered: ‎01-08-2007
Answered
in reply to ortegaregina2012

If the reserve wasn't met then there is no winner.  But the seller might do a second chance offer to you as the highest bidder - if you were close enough to the reserve.  You would have the choice to accept or not.

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