posted on January 13, 2001 10:18:57 AM new
This it the first time I have ever run across this disclaimer in a listing and was pretty taken aback by it. It read as follows:
"I reserve the right to reject the bids below $50."
As it turned out the auction ended a short time ago and the top bid was for around $20. I'm curious if the seller is going to complete the transaction with the bidder who obviously didn't reach $50.
I really think that is tacky and not really playing fair in an *auction* environment. If s/he wanted at least $50 for the item, then s/he should have used a reserve.
Any opinions on this?
[ edited by harvestmoon on Jan 13, 2001 10:19 AM ]
posted on January 13, 2001 10:27:55 AM new
sounds like a cheapster trying to avoid the reserve fee. Creative, but awfully off-putting for a buyer. In that case I would "reserve the right" to change my mind about paying, as well....
posted on January 13, 2001 10:40:01 AM new
I just came across this last night while I was looking for help on something else.
What you've described is a "Reserve Price listing violation" according to Ebay's rules. They say it is a violation if:
"Reserve price is stated in the description of the item when not listed as a reserve listing...Policy: These types of listings are not permitted and will be ended. The insertion fee will be automatically credited for that listing."
The Seller may not be aware of this rule. I sure wasn't until I stumbled upon it.
posted on January 13, 2001 10:41:00 AM new
The seller is in the wrong. If the auction ends under $50, they are obligated to sell it at the final bid price.
posted on January 13, 2001 11:39:33 AM new
Interesting, but if they insist on getting $50 they need to put a reserve on it.
As it stands, they just SOLD the thing for $20 or so, and eBay will be really irate when they find the fee avoidance, and the buyer files a big NEG for non-shipping.
posted on January 13, 2001 11:46:31 AM new
This has to be a newbie. It's right up there with all the 0 feedback newbies having a starting price of $500.00 because they saw one just like it sell for that. Then they wonder why no one bids.
posted on January 13, 2001 12:11:09 PM new
Yeah, s/he must be a new seller as their feedback is under 10, or they may have several user id's. Anyway, I checked this person's feedback and there appears to be no negs, but I notice s/he put the following in another one his auctions: "No reserve on price, but I reserve the right to refuse to sell to a bid price below $150." Auction ended at just above the $150 price.
