Reserve price

[ljstanbridge2008]

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

[1956glyn]

Hi

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.

[red_magpie]

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.