eBay Reserve Auction Question

RonMan

I just watched an auction end that had a reserve price that had not been met yet. I was high bidder(not really a serious bid) with 8 minutes to go. Then watched a guy bid 16 times without the auction price changing until the end when someone else placed a bid.

Question...is there any way to have your price jump to the next price without someone else bumping it up?

Would like to know for future reference....Thanks

Placid

If you meet the reserve it will.

XpipedreamR

Can someone explain the rationale of a having a reserve vs. no reserve with higher opening bid?

RonMan

I assume he was searching for the reserve price and was frustrated that his bid price was not changing.

RonMan

Placid...are you saying that if he finally hit the reserve that his bid amount would finally change?

airplanenut

<< <i>Placid...are you saying that if he finally hit the reserve that his bid amount would finally change? >>

Yes. Whenever you bid, your bid doesn't increase, unless there is a bid from someone else that bumps you, or if you were not a full incremement above the highest bid before you.

If you bid on a reserve item, bids go up the same way, but automatically hit the reserve price if a bid matches/goes beyond it.

Jeremy

RonMan

I didn't know that and I've been around eBay for quite awhile.

Thanks Placid & Jeremy

sinin1

as long as you are high bidder and you up your bid - it does not change until reserve is met



rational??? if an auction has more bids -> more interest than more people will see it and click on the title to see description



for example you have something worth $100 -> start at $95 may not sell

start at $1 with a $100 reserve, much better chance at getting your $100 (or much more)

XpipedreamR

I see, that makes sense.