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

Reserve price

balto280120 — Fri, 19 Mar 2021 16:22:36 GMT

Why can I not remove my reserve price, the auction is live and I have had bids, I want to remove the reserve price and let my item sell, ebay says that I can remove it due to the fact that I have well over 12 hours left, I have tried numerous times, the website will not let me remove it, and why is the minimum reserve price £50 ?????

Re: Reserve price

pixiesen2012 — Fri, 19 Mar 2021 16:28:31 GMT

you cannot remove a reserve once you have received bids

the minimum reserve is £50 to stop people wasting time and money setting reserves on low value items,

it is an expensive waste of time in my opinion

Re: Reserve price

balto280120 — Fri, 19 Mar 2021 16:48:50 GMT

Hi thanks for that, would make sense as to why I can not remove it, thank you Sent from Samsung Mobile on O2

Re: Reserve price

red_magpie — Fri, 19 Mar 2021 17:26:55 GMT

You can find eBay's guidance on reserve prices here, including the circimstances in which you can remove or change them: https://www.ebay.co.uk/help/selling/listings/selling-auctions/reserve-prices?id=4143&st=12&pos=2&query=Setting%20a%20reserve%20price&intent=reserve

The minimum reserve is £50 because this is eBay says it is. If you want an explanation, you need to ask eBay.

Re: Reserve price

tressygirl — Sat, 20 Mar 2021 06:22:35 GMT

You can lower the reserve to one increment above the highest bid placed.

The minimum is £50, because it is usually used for high value items, for sellers, who do not wish to receive constant daft low offers.

No need to use reserves, apart from the fact it costs you 4% of your set reserve payable sale or no sale, you can simply start your items for the lowest amount you are happy to receive. That can act as a ' reserve' because it cannot sell for less, and will cost you nothing extra.

@balto280120