Let's say I bid a maximum of $220 but my bid is only like $180 because that's the next highest bid, and it says 'reserve not met', is there a chance that the 220 will meet the reserve when the 180 doesn't? Also, if the auction ends like this, for the second chance offer will the seller offer me the thing for $220 or $180?
2007-10-22 11:22:53 · 1 answers · asked by steven h 2 in Business & Finance ➔ Other - Business & Finance
The bid shows up as $180 although your maximum bid is $220 unless another person bids higher. If at the end of the auction your bid of $220 does meet the reserve, you will be notified and be able to purchase at the reserve. It could be anywhere between $180 and $220. I have found it is best to contact the buyer and simply ask if the $220 bid meets the reserve. I know from my experience if the bid is near my reserve I let the buyer know because the seller has to pay a larger fee if the item does not meet the reserve and does not sell. The seller has the option to offer their item for the second chance offer but it is entirely up to the seller if they want to do that and not just a given. They must offer the item for the highest bid submitted. My advise is to contact the seller.
2007-10-22 11:39:50 · answer #1 · answered by AuntShellShell 2 · 0⤊ 0⤋