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?

[pixiesen2012]

reserve not met, is a waste of money for sellers, but I don't see how it it wastes a buyers time

place your maximum bid, if it is high enough and reaches the reserve the price jumps to the reserve and it will show 'reserve met'

if it doesn't reach the reserve you are free to walk away and find a different van to bid on.

the seller knows how much it wants for the item and has set the reserve at this amount,

[ewansales]

Hello pixiesen2012. Thanks for replying but as I stated, 25 bidders (Buyers) have already wasted their time.

[pixiesen2012]

they've placed a bid and walked away,

not exactly much time wasted!

[ewansales]

Do you not think "Starting bid" is better than "Reserve price" The seller sets the minimum with a 'Starting bid', same result but the bidders can see how much then bid or not

[pixiesen2012]

placing a maximum bid is the same whether there is a reserve or not,

you decide the maximum you want to pay,

placing a bid when there is a reserve means you can just walk away and bid on something else if your bid isn't high enough


placing a bid on an item without a reserve means you are tied to that item until the bidding ends, even if you are outbid, because the higher bidders may back out,

I know which I prefer!