i have an item on ebay that has a bidder but the bid has not met the reserve,?

Question

the bidding on my item ends soon and it looks like the price of the item isnt going to go any higher , will my item end and the current bidder pay the last bid as it stands, or will they be prompted that they did not meet the reserve, and told they did not win the item, i am willing to remove the reserve if it means the item will be sold, but if i could have my reserve price met i would rather leave it as is

Answer 1

The reserve means they can't pay less and win. If you remove the reserve now they may never see they won since they didn't bid enough and would have quit looking. Don't put reserves on if you want to sell for less. Someone else may bid even at the last few seconds but reserves make some of us not want to bid since we know we can't get a bargain.

Answer 2

If no other bidders enter a bid that meets your reserve, the auction will end without a sale and the high bidder notified that the item did not sell because it did not meet reserve. I would leave it ride and see what happens. Many times bidders bid and/or snipe at the last moment to win an item. Its possible you could get your reserve price or more. If that does not happen and the bidder does not withdrawl their bid, you can make a second chance offer I believe to the winning but losing bidder.

Answer 3

You can either remove the reserve before the item bid ends, or wait until it closes and than send the bidder a message offering it to him at the bid price. But they are not obligated top except at this point But remember,. Sometimes bidders wait until the last moments to bid in order to eliminate being out bid.