08-23-2020 07:19 AM
I have had a couple of long-term bidders on items make a FIRST bid and land PRECISELY on the Reserve price? How is that possible with no one asking me? Is there some other way to retrieve a "Reserve" price like family member working for eBay or what? Thanks
08-23-2020 08:07 AM
No. It's how bidding works.
It only means that their bid is at OR ABOVE your reserve.
If your reserve is $10 and they bid $50, the high bid will be at $10 until someone else bids higher than $10.
If a second bidder comes along and bids $100, the high bid will be at $51.
You know the minimum....you set it. You don't know their maximum.
08-23-2020 09:03 AM - edited 08-23-2020 09:04 AM
If a bid is at or above the reserve amount, then the high bid showing will immediately jump to the reserve amount. They didn't know your reserve amount; their actual bid could be much higher.