20 Nov
2006
20 Nov
'06
6:53 a.m.
On Sun, 19 Nov 2006, 9000 VAX wrote:
Should people just list the reserved price as the
start price? I see
auctions with reserved price often get 0 bid. This is something I don't
understand. In what situation would this thing be useful?
(I saw the vax 4000 100 auction and got this question)
As a buyer, I tend to pass over most reserve listings unless I happen to
know what the reserve is and its not more than I'm willing to pay.
For most of the items I sell, I don't bother with a reserve. For the
smaller, less expensive items, I start them at a price I can live with (be
it my cost or a little less than what I've sold them for in the past etc).
For the more expensive items, I generally set a realistic about for the
starting bid. I've gotten a few snide messages from people who thought my
price was too high (especially on some of the high end tooling I've sold
off), but when I've already been selling identical, brand new units at
that price, why would I sell them for less? If they don't like it, they
can always buy elsewhere at retail prices :)
-Toth