Reserve price

[balto280120]

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 ?????

[tressygirl · Accepted solution]

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 

[pixiesen2012]

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

[balto280120]

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

[red_magpie]

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&que...

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