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Selling with reserve price
Hi
im trying to sell via auction/ buy now but with a reserve fee.
its not letting me!
either it says minimum reserve must be £50 or it says it needs to be £40 or less
each one I try it suggests the other! Help please!
2 comments
jckl1957
·5 months agoYour 'buy it now' price has to be 40% more (at least) than your auction start price.
Minimum reserve price is £50.
As advised, reserves are not a good idea.
Remember as well that you could potentially only get one bidder and the item will sell for that initial bid.
Once you have a bid, the BIN price is no longer visible to potential buyers who only have the option of bidding.
tobiasd4
Mentor5 months agoReserve fee is expensive (4%), payable whether item sells or not.
Just start item at least amount you will accept.