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grasswire

(50,130 posts)
7. I never use a reserve.
Sun Sep 8, 2013, 03:13 AM
Sep 2013

IMO, a reserve offends some buyers.

I set a price just a bit lower than what I think the item is worth, and then I trust the marketplace. If the item is good, bids will come in. If it's not, the item doesn't sell and you still own it. So if that item is worth $50, I might list it at $38 or $40.

Of course, if you see that many multiples of your item are up for sale and (by looking at completed transactions) see that many of them didn't sell, then it's probably not worth listing your item at all. Pass on to the next thing in the pile.

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