Reply to "Estimated fees calculating wrong"

ninthwaveMember

I know that setting a low starting bid on a Reserve type auction is ostensibly supposed to "get the bidding going" but does it really do that any more than a higher starting price with no reserve? Even if it does, wouldn't the number of turned off bidders cancel the advantage? And....if the reserve price is stated in the listing, who would knowingly bid below that? I mean the whole affair seems rather pointless. Can anyone offer a good reason as to when and WHY this would be a preferred auction method(over just setting a higher minimum bid), other than it perhaps being somehow "traditional"? I just don't get it.

7/31/0710:45 AM

<ul id="{%=id%}ButtonGroup" class="button-group h-popup-buttons even-button-group even-1">
    <li id="{%=id%}Okay_buttonContainer"><a id="{%=id%}Okay" href="javascript:void(0);" class="button success no-margin-bottom h-alert-modal-ok-button" role="button">OK</a><script type="text/javascript">
        (function() {
            function {%=id%}Okay_click(event, data) {
            {%=id%}Popup.hide();
        }
        
                $('#{%=id%}Okay').on('click', {%=id%}Okay_click);
        })();
    </script></li></ul><a href="javascript:void(0);" class="close-reveal-modal" aria-label="Close Modal">&#215;</a><div class="last-modal-focus focus-utility-element" tabindex="0"></div>
</div>
<script type="text/javascript">
        (function() {
            {%=id%}Popup = new SS.Popup.ModalPopup('{%=id%}');
        })();
    </script>

Skip to main content

Membership Required

Remove From Your Block List

Manage Follow Preferences

Block

Please wait...