Listing cards on Auction
Is it too much of Gamble to list High Value on cards without a Reserve? Does having a Reserve push potential bidders away? We are New to the Business of selling Trading Cards and just looking for Advice.
8 comments
Is it too much of Gamble to list High Value on cards without a Reserve? Does having a Reserve push potential bidders away? We are New to the Business of selling Trading Cards and just looking for Advice.
chapeau-noir
·1 year agoEven back in the day when auctions were more popular I never bothered with reserves. Just be honest and upfront and list for what you'll take it for in the lowest bid. This "You have to bid $XYZ to get in on the action...but you have to guess ha ha ha!" is for the berbs.
vintage-camerastuff
·1 year agoI buy a lot on ebay. I will never bid on an item with a Reserve. Reserves are a total waste of time and drives bidders away. I wouldn't even use an auction to sell unless what you are selling is very rare and desirable. First check how many of what you are trying to sell is listed for sale, also check the completed listings to see what it sold for. This should give you an indication of how to sell it and what to sell it for.
kensgiftshop
·1 year agoNo need to pay an extra fee for using a reserve, just start the auction at the price you'll accept.
Using a reserve, you have to pay the fee, even if it doesn't sell.
tobaccocardyahoo
·1 year agoBuyers will steal any item at auction that they can. Reserves are one way to limit stolen product, a high opening bid is another.
If your item is worth enough more than a $500 reserve, it will get bids. It is not clear that the dislike of reserves will scare off any buyer with the money and desire to buy an item which is a good value at or above the reserve price.
People who will not bid what an item is worth will complain about reserves but the reserve exists to protect against those people.
soh.maryl
·1 year agoSo you don't feel that simply listing that $500 item for $500 with no reserve would be a good idea?
tobaccocardyahoo
·1 year agoI would do it, but all that does much of the time is bring out the cheapskates who message me asking me to lower the starting bid. There are more who do that than message me asking what the reserve is, so my less work for grandpa criteria says pay the price of the reserve. P.S. I do not share what the reserve is either,
soh.maryl
·1 year agoBuyers have come to dislike Reserves intensely.
If the Reserve you'd have put on an item is $200, just start the listing at $200.
doc-holmes
·1 year agoPeople generally can't stand reserves. Your best bet is to have a buy it now price. If you want to go the auction route, don't use a reserve. Start the opening bid at the minimum price you'd find acceptable.