Reserve not met

[ewansales]

'Reserve Not Met' should be discontinued, it just wastes everyones time. For example there is a nice van for sale and there have been 25 bids on it already and still not met the reserve price. After all those people bidding the reserve could be so high no person would have bid on it in the first place - As I said Reserve Not Met is a big waste of bidders time - or are there people sat at home with nothing better to do?

[red_magpie]

It's up to the seller what price they will accept for their vehicle.

Reserves are an expensive way of ensuring it doesn't sell for less, but it's the seller's right to use it.

This is what auctions are about. Sellers can decide what they want, buyers can decide what they will pay.

Sometimes an item sells, sometimes it doesn't.

[ewansales]

Thank you for replying red_magpie. 25 bidders have already wasted their time bidding on this, if they want to sell the item why not just put the price they want like most people do? Then if it is too much it won't sell.

[ewansales]

Just to add, The starting bid can be set to the least the seller will accept - same thing but bidders can see how much it is.