It's worth remembering that reserves on an auction cost money, and are generally disliked by buyers, or at least they may pull shenanigans to find out your reserve and bid no higher if they are willing to go that high. It's usually advised to simply start the bidding at the lowest you would be willing to take a skip the reserve. Saves you money, attracts more bidders, and is just all around easier.
brightlightbookseller
·2 years agoIt's worth remembering that reserves on an auction cost money, and are generally disliked by buyers, or at least they may pull shenanigans to find out your reserve and bid no higher if they are willing to go that high. It's usually advised to simply start the bidding at the lowest you would be willing to take a skip the reserve. Saves you money, attracts more bidders, and is just all around easier.
inhawaii
·2 years agoThe bidding can continue even if the reserve has NOT been met.
rob7747
OP2 years agoGOOD TO KNOW !
lakefor94
·2 years agoAbsolutely
rob7747
OP2 years agoThank you MT Graves. It appears that my reserve price may be too low for what I am selling. So I did not want to loose out on the potential gains !
Rob
mtgraves7984
·2 years agoIt sure can. High bidder wins.