31-12-2020 4:36 PM
No, if the reserve is not met, the item is not sold. The bid is invalid.
However, for the seller, they have to pay 4% of the set reserve, as this is an optional listing upgrade and it's payable sale or no sale.
if the reserve isn't met the item doesn't sell
the seller can offer it to the highest bidder but they don't have to.