Re: IML: Why not Reveal the Reserve Price?

[randalpark@xxxxxxx]

Actually, I have found that having a realistic reserve keeps the seller 
from being ripped off. Although most items get bid up to their market 
value without a reserve, I have seen lots of things go far too cheaply. 
Sometimes this is due to listing errors, but we usually learn from our 
mistakes. Once the item has sold too cheaply, it is too late to correct 
an error. Good luck on this.

Paul W.

-----Original Message-----
From: swampyankee@xxxxxxx
To: mailing-list@xxxxxxxxxxxxxxxx
Sent: Thu, 19 Apr 2007 2:19 AM
Subject: Re: IML: Why not Reveal the Reserve Price?

> From: <pnkmoore@xxxxxxxxxxxxx> 
> Subject: IML: Why no Reveal the Reserve Price? 
>  
> Hey Imps: 
>  
> What's the big deal about concealing a reserve price on an Ebay car > 
auction? 
> In asking that question, I'm getting the feeling there's an easy 
answer > that 
> I just haven't figured out. I'll take the risk of sounding stupid, > 
however 
> (it's familiar territory) and take the plunge: 
>  
> If there's a simple answer to my question, my simple mind would 
appreciate 
> some input. 
>  
> Thanks: 
>  
> Patrick Moore 
> Covington, Louisiana 
> '58 Southampton project (very much NOT for sale!) 
> '69 Electra convertible (very sadly heading for the auction block) 
 
  It's an advertising mind-game. People think that with a hidden 
reserve, they'll get a lot more bidding by enticing people who hope 
they'll get a steal. They figure if they get a lot of bids, the price 
will go higher, faster. 
  -Kle. 
  '69 Crown 4DHT (temporarily indisposed)  
 
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