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Reserve Price Not Met

Discussion in 'Random Ramblings' started by emmalynn, Jan 14, 2011.

  1. emmalynn

    emmalynn Silkies Sebbies OEGBs

    Oct 16, 2008
    Middle TN
    When you win the auction but the reserve price was not met...do you really win the auction?
     
  2. Four Oaks Bantams

    Four Oaks Bantams Out Of The Brooder

    No, you do not win. This means that the buyer did not receive the price they were asking. I have emailed seller after auctions and came to an agreement on buying though.
     
  3. emmalynn

    emmalynn Silkies Sebbies OEGBs

    Oct 16, 2008
    Middle TN
    I emailed but haven't gotten a response. I am kinda scared about how much they might be asking.
     
  4. emmalynn

    emmalynn Silkies Sebbies OEGBs

    Oct 16, 2008
    Middle TN
    Well they responded and the price I couldn't afford...oh well maybe next time.
     
  5. Four Oaks Bantams

    Four Oaks Bantams Out Of The Brooder

    I know the feeling. I have bidded on lots of eggs in the past and did not win the bid and sometimes by emailing the buyer i was able to get them. Good luck!!!!!!
     
  6. PineappleMama

    PineappleMama Chillin' With My Peeps

    I hate that. Had the same thing happen and they'd set the reserve all of a dollar below the MSRP... what was the point in that I ask you?

    So now I avoid Reserve Auctions like the plague. If you want a minimum price then set the opening bid at that and be done with it.
    Don't be all sneaky and hide your intentions behind a reserve no one knows. I hate sneaky.
     
  7. Teach97

    Teach97 Bantam Addict

    Nov 12, 2008
    Hooker, OK
    I am with you. If you want a certain amount say so...it lets me know if you have a clue.
     
  8. emmalynn

    emmalynn Silkies Sebbies OEGBs

    Oct 16, 2008
    Middle TN
    The price wanted was 25, the price set was 5, and the ending bid was 15. I guess I will take the same stance as you guys and just not bid on those types of auctions again. Lesson learned. [​IMG]
     
    Last edited: Jan 14, 2011
  9. EweSheep

    EweSheep Flock Mistress

    21,917
    69
    418
    Jan 12, 2007
    Land of Lincoln
    There are good and bad points there....

    I've done it a few times, just to see how the buyers are wanting to pay. If it happens twice, I would then email the buyer to see if they still are interested in buying the bird at that price they bidded on.
    If not, I would sell it to highest bidder at the next auctions.

    They are not being sneaky but testing the auctions to see how much people are willing to pay and how many bidders are out there. If you email them, they will tell you.

    If you want the birds badly, negotiations seems to work every time!
     
  10. PineappleMama

    PineappleMama Chillin' With My Peeps

    Yeah okay, maybe sneaky is too strong a word...

    I can see your point, that it's a way to test what they'll sell for with no risk of actually having to take less for it than you wanted.

    But on the same note I've bid on one of those, instead of another that had a higher starting price, only to end up not winning it and also missing out on the other one... which is a huge annoyance to say the least.

    Some sellers tell you in the auction what the reserve is... not many, but I've seen it. Bidders get the fun of bidding, but at the same time also knows what the bare minimum the item will sell for... I like that. In a regular auction you know the minimum it'll sell for is the starting bid, but no idea the max. With BIN you know the min and max. With reserve you don't know either, unless the seller tells you. With Offers you tell them what you will pay, and they accept or decline. You don't know what their min is, but then they don't know what your max is either. That's more like old school bartering to me, which sometimes is just cool. But if you're in the market for a set thing, and you have a set amount to spend, it can be annoying to not know whether bidding your max on an item is just going to end up being a waste of your time.... with a regular auction you know immediately, it'll tell you your max has been outbid, and you can move on. Raise your max, or to another auction. But with the Reserve ones you won't know until the thing ends whether you won... I'm just too impatient I suppose.
     

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