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LOWERING RESERVE

ANYONE HAVEING ISSUES LOWERING THERE RESERVE PRICE?

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LOWERING RESERVE

With all due respect, most sellers don't use a reserve.  They start the auction at the price they would be willing to accept.  Most buyers don't like reserves.

Message 2 of 7
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LOWERING RESERVE

Since buyers don't generally like reserves, that is a valid consideration for you as to whether you want to use one or not.

 

Some won't bid on a listing with a reserve because they feel the seller is  "playing games".

Message 3 of 7
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LOWERING RESERVE


@mr.rvs wrote:

ANYONE HAVEING ISSUES LOWERING THERE RESERVE PRICE?


Hi, is it just not "taking"? Or is it the timing? It can't be lowered if there is less than 12 hours left on the auction.

Here are the instructions for doing it, just in case.

 

https://www.ebay.com/help/selling/listings/selling-auctions/reserve-prices?id=4143

 

You can lower or remove the reserve price when:

  • No bidder has met the reserve price
  • At least 12 hours are left on the listing

To lower or remove the reserve price:

  1. Find your listing in My eBay Selling or Seller Hub.
  2. Select Revise from More actions.
  3. In Selling details (advanced form) or Choose a format and price (quick listing tool), lower or remove your reserve price.
  4. Select Continue.
Message 4 of 7
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LOWERING RESERVE

Good point!

Message 5 of 7
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LOWERING RESERVE

Hi, sorry i just looked at your auctions and see you are selling on eBay Motors, which has different rules than the ebay.com regular site. You can lower the reserve there with less than 12 hours. 

Message 6 of 7
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LOWERING RESERVE

@mr.rvs  I don't use Reserve Price on Auctions because eBay charges a fee and your starting price should be an amount that if you only get one bid you are happy because it covered cost, profit, expenses, etc.  eBay charges that fee everytime you relist whether the item sells or not ...

Regards,
Mr. Lincoln - Community Mentor
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