Originally Posted by
soonerbills
Also, reserves are stupid. I never bid on reserve auctions. If you know the minimum price you want to sell it for why not just start the auction at that price instead of trying to trick people?
Well that's strong!
Auctions across the world both in person and on the internet have been reserve based for like, forever. And for good reason. The fact is people like to dicker and they like to get a valuable item for cheap. BIN and preset visible reserves(high starting amounts) take the fun out of a auction. Most folks have amount in mind they are wanting to pay and hope the can get it cheaper. Sellers know what they need to break even or make money. And the fact is people are just flat curious..and like to see what a reserve is.
I am not tricking anyone with a reserve... I am letting people know I have a amount that is the least I will take for a item. they can bid or not it's their choice. But it seems as if some think I'm the bad guy for not just giving my stuff away... WTF
Like I said ... reserve... no reserve it works both ways.
Everyone is different.
Maybe it makes sense in a live auction where there actually is some excitement and interaction between bidders. On ebay it's just silly. Maybe it's just me. When I buy things on ebay it's not because I'm looking for 'fun' in buying through auction. It's because I want/need an item. I don't want the dickery. I see no difference between a reserve price and a high starting bid except that the reserve price just adds an annoying period of pointless bidding to an auction.