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Reserve pricing
How do I put a reserve price on an already listed item?
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Discussions in this board are limited to the original poster and Community Mentors
How do I put a reserve price on an already listed item?
comics-scifi-collectibles
Mentor5 months ago@jeffrey8388 You can not revise the listing because it has a bid.
Also reserve price is 7.5% and charged even if the item doesn't sell. Always start auctions at a price you will be happy with if you get just one bid.
Your only option for this auction is to END it early. You will pay final value fees on the current $150 bid. Then relist at at a price you will be happy with if you get just one bid.
rfmtm
Mentor5 months agoYou don't and you don't want to. Always start your auction at the lowest price you will accept. Reserves can be expensive and you pay the reserve option fee whether the item sells or not. Besides, buyers hate them.
momtoabeautifuldaughter
Mentor5 months agoI assume you mean the ring you have listed? You can't because it already has a bid.
You set up reserves when you make the listing.
Also I will tell you lots of buyers hate reserve auctions and will not even consider bidding.. Just start at the lowest you will accept and go from there.
Also you pay a reserve fee whether it sells or not.