posted on November 28, 2000 10:20:00 AM new
I'm a new seller on eBay... and I have some collectable villages for auction. One of which had a reserve for $30, a reasonable price. Today the auction closes (in 8 hours), and it's up to $51. I have two new bidders (low feedback) that appear to be in a bidding war. Thing is, there are two identical pieces that close before and after mine that are only going for $25.
I'm afraid my high bidder is going to back out... Does that happen a lot when this situation happens?
I'm certainly not complaining about getting above my reserve price... just leary of it acutally happening.
posted on November 28, 2000 10:37:11 AM new
anything COULD happen. a low feedback bidder is less likely to back out of a deal knowing that a neg or npb would seriously hurt them, relatively speaking. could be that your terms of sale, like taking a credit card, are more mportant to them.
posted on November 28, 2000 10:56:38 AM new
I had a bidder run a $40 item to over $60. He paid within an hour of the auctions close. Not to bad eh? You just need to relax and take it as it comes.