Question Re: Reserve price in Member To Member Support DO NOT DELETE

Reserve price

ljstanbridge2008 — Sun, 05 Jul 2020 11:07:42 GMT

Hi, can you tell me if I get charged each time I relish an unsold item the reserve fees ? Thank you

Re: Reserve price

red_magpie — Sun, 05 Jul 2020 11:11:24 GMT

Yes, you do. The charge is 4% of your reserve price, and has to be paid whether or not the item sells.

Using a reserve price is very expensive, especially if it doesn't sell and you have to relist it. Buyers don't like reserve prices either.

It's better and cheaper just to start the auction at the lowest price you would be willing to accept.

Re: Reserve price

1956glyn — Sun, 05 Jul 2020 11:14:44 GMT

Reserves are expensive.

They are classed as a listing upgrade and charged as such. You will pay 4% in extra fees on the reserve price set and this is payable even if the item does not sell.

You are far better off just starting a listing off at the lowest price you will be happy to sell it for.