New Compare Feature

Only rarely are two items in my watch-list comparable so I hadn't tried it out. I tend to go for one-off and "different" stuff.

I can see it would be valuable to those looking for the best price on a number of similar offerings.

What do you think about eBay removing Reserve's from the Aust. site? Is it any great loss to anyone?

GG

GG, do you think they are testing the water? I personally don't use reserves and don't bid on items that have them! So,no, I would not miss the reserve feature.

The removal of reserves hasnt affected me at all. The only time I used reserves was when I was selling Motor Cars or Parts for work, I found the reserves werent beneficial anyways, so I just treat them the same as normal. Starting price what I would be happy to get for the item.

Ebay has also changed the Non Paying Bidder and Final Value Fee Credit process different. I like that too.

Currently, I am purchasing a heap of Boxed DVD sets, so the compare tool is a very valuable tool for me.

Hi Mrs M

Can I ask what your reasoning is for not bidding on auctions with reserves?

Hi Lexie!

You sure can! I just always feel that a reserve is not a true auction. You must pay what he wants or more to win the item.

Thats fair enough. I guess you could say that about all auctions though But I understand, at least with a true starting price you know what the seller is expecting to being with.



ARGHHHH!! Must go stick my head down the toilet again. A man must of created Morning Sickness that goes all day!!

Oh, gosh, you didn't have that last time LEXIE! yUCK!!

I have to admit that I, too, don't bid on reserve auctions. I think they do it just to test the waters as it were - see how much interest there is.

If someone else tops the reserve and it isn't as high as I'd feared, then I might bid (well, snipe anyway), but I refuse to play guessing games.

Last week an item I've been after since before ebay existed finally came up, but with a reserve. Now, in this case, I KNOW the items real-world value to within 5%, and I wouldn't bid a penny more. I didn't bid at all though, because I feel the reserve was probably much higher just to see how much people would be prepared to pay, not to sell the item.

Maybe I'm wrong but this smacks of using eBay as a valuation tool rather than a selling tool.

I'm not commenting on the morning sickness thing - I've just had dinner.

GG

I don't use reserves to sell because many won't bid till after the reserve is met.

One could argue it's always a guessing game... since you don't know if you've won till after auction end. You should bid the same whether there is a reserve or not. Enter your max, and maybe you'll win.

Go ahead, bid... you can sometimes get a great deal by bidding on an auction that others avoid.

quote:

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Originally posted by Puppy Raiser:
I don't use reserves to sell because many won't bid till after the reserve is met.

One could argue it's always a guessing game... since you don't know if you've won till after auction end. You should bid the same whether there is a reserve or not. Enter your max, and maybe you'll win.

Go ahead, bid... you can sometimes get a great deal by bidding on an auction that others avoid.

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Gee, Puppy, I thought bidders never know on ANY auction whether or not they have won, until it is over! <duck>

I can see the sellers' point that some people will not bid on an auction, until the reserve is met. But from a buyer's point, it makes no difference to me. I still set my snipe and wait until it is over. If I win, I win; if I do not, it is because I was not willing to pay more, same as always. The fact that the seller decided on a minimum amount does not affect my bidding process. As a sniper, I have to wait until the end of the auction, in any event.

I do know from prior experience that many sellers will disclose their reserve amounts if you just ask them. Can't hurt to ask.

duck??? We agree... That's what I said! (or meant to say)

Thats how I read your post Puppy.

I always revealed the reserve when asked, it worked out really well when I sold a Harley Davidson. A guy asked what the reserve was, offered $2,000 more and came and got the bike. I had previously listed the bike twice and it didnt go anywhere near the reserve.

I didnt end the auction though, as he had to fly over and have a look and I was worried he might turn out to be a dud. The day the auction ended (for $4k less than reserve), he arrived, paid and rode the bike home. All good in my books

Well now,Lexie, A Harley is a whole new ball of wax! Every Doctor and Lawyer, about, in Naples rides one. They'd go to the ends of the earth for a Harley bargain! Lol!