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Subject: 
Re: Methodology: Reserve, Controlled Reserve, or No Reserve?
Newsgroups: 
lugnet.market.auction
Date: 
Wed, 28 Apr 1999 12:09:45 GMT
Viewed: 
535 times
  
Mike Stanley wrote:

'Course, systems like eBay encourage ridiculous reserves, with their
listing fee being tied to the minimum bid.

That used to be the case, but they've changed it.
Now the listing fee is tied to the min bid or
the reserve amount, whichever is greater.

I still hate reserves, though, and I don't bid
on items with reserves.  My choice is (4) no reserves
allowed.

/Eric McC/



Message is in Reply To:
  Re: Methodology: Reserve, Controlled Reserve, or No Reserve?
 
(...) Yeah, I gotta agree. I understand how the same item can reach 2x the reserve if the bidding starts low and then go unsold if the minimum is the high amount the seller wants, which kinda sucks, but I still don't like reserves, either as a buyer (...) (25 years ago, 24-Apr-99, to lugnet.market.auction)

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