I want to buy something from ebay. The item lists as "no reserve". What does that mean?

Answer 1

Means you can bid the lowest starting amount they have stated. One that has reserve is hidden to the seller. Example: I may list an item for starting bid of $5.00 on a 1920's Antique Clock, but with a reserve. You can bid $5.00, but it will state the reserve has not yet been met. Only till it reaches over the reserve amount in bidding will it be shown.

Answer 2

No reserve, means there is no minimum price to buy the item.
Often a seller will set a minimum starting bid price in an auction, so it doesnt sell for a penny.

But be sure to check the shipping cost listed on the item. Some sellers make shipping costs much higher than needed to be sure to make money on the sale. But Ebay doesnt like that, because they get paid by percentage of the final sale value not shipping costs.

Answer 3

That's right -- there is no minimum bid - in theory. But what happens sometimes is that the seller or one of his/her friends will make certain that the bid is no lower than the seller is willing to go. So, for example, you see something you think is worth $30. There is no reserve, so you bid $5. No one else bids for a while, but say an hour before the end, someone(the seller or friend) goes in and bids $10. You still want it so go to $15. The other person goes to $20. You go to $25 and the other person goes to $30. By now, you've got time and energy and emotions invested in this item and if someone else thinks it's worth $30, maybe it would be worth your while to go to $35. And then you have it -- for $5 more than you wanted to pay. You have to be careful out there. Just make certain that you set your limit before you even start to bid.

Answer 4

That just means that the highest bidder will win the item. If the seller puts a "reserve" on it, he decides the lowest amount he will accept and if you don't bid that much or more, you won't get it. So "no reserve" means that he does not have a set price and whoever bids the most gets it.

Answer 5

a reserve price is a price the seller puts on an item, say the starting bid is 99 cents, if the reserve is $5 then the item won't sell unless it meets or overrides that price. Reserves suck miserably.

Answer 6

That means that all bids, not matter how low, could be a winning bid (it's a good thing to be no reserve). A "reserve price auction" means that the seller has set a secret minimum price. Any bid under the reserve price will not be a winning bid, even if it's the highest bid.

Answer 7

when someone who is selling an item puts a reserve on it, it means that have determined a certain amount of money that will accept to sell their item for.

for example: Suze wants to sell her digital camera but wants to get at least $100 out of it, so she sets a reserve or $100. The item will not be sold until the reserve is met.

Hope that helps!

Answer 8

A reserve is set by the seller, and is the minimum amount that a seller will accept. Sometimes the seller reveals it, someimes it's kept secret. If the bids don't reach his reserve amount, he doesn't have to sell it. He can if he wants, though. No reserve means no minimum amount. Highest bid wins, no matter how much it is.

Answer 9

no reserve means that the seller will accept the highest bid even if it is not as much as they wanted.
reserve means the seller sets a "hidden" minimum acceptable amount. if the bids do not reach their "reserve" they do not have to deliver the item. the seller pays an additional fee to ebay for "reserve" selling.

Answer 10

it means that theres not a reserved price.

meaning the seller didnt set a specific amount they wanted. when there is no reserve, the item is a lot of the time easier to get :)