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listing auction with no reserve / if the bids aren't close to what i want do i have to sell it
if the bids aren't close to what i want do i have to sell it
2 comments
rock.star
·2 years agoWell, yeah, that is the purpose of an auction.
If you need more money start your auctions at your minimum price.
woodland_gnome
·2 years agoWhen you list it without a Reserve you promise to sell it for as low as the Starting Price a/k/a Starting Bid. (For that matter when you list it with a Reserve you promise to sell it for as low as the Reserve Price, and to pay the high Reserve Price fee no matter the outcome of the listing). YOU set the minimum price and you don't get to say that a sale for at least that much is not enough because you were hoping for more.