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username
Title: owner of a lonely heart
Joined: Jul 06 2007
Location: phoenix, az usa
Posts: 16135
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Ba'al
Title: Zerg Zergling
Joined: Mar 02 2008
Location: Uranus
Posts: 2286
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Psh, no bootlegs or imports?
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Optimist With Doubts
Title: Titlating
Joined: Dec 17 2007
Posts: 5042
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Rydog
Title: Dragon Slayer
Joined: Aug 11 2009
Location: Massachusetts
Posts: 1511
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I fucking hate people who add a reserve price. Just fucking start the bidding at you minimum sale price, what is the point in accepting low ball offers that you know you aren't going to accept?
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SoldierHawk
Moderator
Title: Warrior-Poet
Joined: Jan 15 2009
Location: San Diego, CA
Posts: 6113
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What's a reserve price? I'm actually not sure. From context I'm guessing its a minimum price the seller requires, and the auction falls through if its not met?
If that's true, then yes, that's the dumbest thing ever. Rydog is right--just set your minimum bid and go from there. 
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| William Shakespeare wrote: |
| Love all, trust a few, do wrong to none. |
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Douche McCallister
Moderator
Title: DOO-SHAY
Joined: Jan 26 2007
Location: Private Areas
Posts: 5672
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Well in fairness a reserve price I believe is cheaper then a Minimum bid in this instance. Plus large minimum bids do not entice the buyer as much as a low starting bid does, and Hawk you are correct. If the price is not met the seller pays a fee for not having to sell it below the reserve price, and if it does meet the reserve they are not charged a fee.
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Syd Lexia
Site Admin
Title: Pop Culture Junkie
Joined: Jul 30 2005
Location: Wakefield, MA
Posts: 24887
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The thing about a minimum bid is that everyone knows what it is. The reserve price is not listed, unless the seller makes a point of listing it in the description. You just see "RESERVE NOT MET" by the high bid.
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SoldierHawk
Moderator
Title: Warrior-Poet
Joined: Jan 15 2009
Location: San Diego, CA
Posts: 6113
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^ That's my problem.I would be highly annoyed if I bid and won, and then had it pulled out from under me because it didn't meet an invisible minimum I wasn't aware of.
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| William Shakespeare wrote: |
| Love all, trust a few, do wrong to none. |
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Rydog
Title: Dragon Slayer
Joined: Aug 11 2009
Location: Massachusetts
Posts: 1511
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A reserve price is the minimum a seller will sell for, so they can start the bidding at $1, but the item won't sell unless bidding reaches the reserve(which you don't know), lets pretend for this item it is $2500. Until the bidding reaches $2500, all bids are useless. So I guess if you want to stimulate bidding between people who probably won't get close to your reserve, then go ahead. But if someone is serious about buying 673 video games for over $2000, then I would say they know the value and what they are willing to pay as well.
EDIT: You are notified when the reserve has been met, as Syd stated you can clearly see that it hasn't been met and even if you are the high bidder you know that you won't win the item at your current bid.
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Cameron
Title: :O � O:
Joined: Feb 01 2008
Location: St. Louis, MO
Posts: 4637
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See, the thing is, about 300 of those games are gimmicky pieces of trash or complete rehashes.
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Rydog
Title: Dragon Slayer
Joined: Aug 11 2009
Location: Massachusetts
Posts: 1511
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That's the problem with this auction, 300-400 of those games are worth a buck or less. Unless you had the space/money to burn, this would be a tough buy.
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