2007-07-01 09:58:04 · 4 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
the seller basically sets a reserve because he/she is saying this is what i want and im not going to take anything less. so if you are the high bidder when the auction is over and the reserve is not met the seller can choose not to sell it to you if he/she wants becuase they put up that reserve. if it was close to what they wanted they may be nice and sell it to you but it it was really far off they will most likely relist it.
2007-07-01 10:13:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Nothing happens. If there is a reserve price and it's not met, then the item isn't considered sold.
2007-07-01 10:30:36 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
You don't win the item because the Reserve price hasn't been met.
2007-07-01 12:36:47 · answer #3 · answered by Lawrence E 4 · 0⤊ 0⤋
it doesn't sell. The reserve has to be met.
2007-07-01 10:05:09 · answer #4 · answered by randy 7 · 0⤊ 0⤋