Do you think reserve prices are stupid?

basilmarket.com forums : Site talk | 15 posts archived

thread starter br333 Sep 02 2009 + PM | QUOTE | PERMALINK | REPORT

I always hated reserve prices. Why dont people just set the auction for what they want out of it. They act like they have some master plan, and if they set an auction for 2k and then have a reserve for 50 mil then 30 people will bid on it and be hooked to keep trying to out bid the other people. This never works and all the low bidders drop out, and it sells for a normal price. A lot of the time I think it doesnt sell because no one knows what the seller wants and doesnt want to spend 2 hrs trying to guess. What do you think about reserve prices?

LOLOMGBBQ 09/02/09 + PM | QUOTE | PERMALINK | REPORT

Don't know, I don't auction anymore.

DarkWater 09/02/09 + PM | QUOTE | PERMALINK | REPORT

I thought this was going to be about car auctions.

br333 09/02/09 + PM | QUOTE | PERMALINK | REPORT

DarkWater : I thought this was going to be about car auctions. lol. Sorry to trick you like that. XD It just always annoys me when I want to buy something and I read, "reserve not met." I have started to just ignore those auctions now.

Kazum 09/02/09 + PM | QUOTE | PERMALINK | REPORT

I don't like reserve prices on eBay if that counts. I don't really use auctions here anymore.

br333 09/02/09 + PM | QUOTE | PERMALINK | REPORT

No one uses basil auctions anymore. *tear* I hardly use forums anymore. lol. I still buy on basil but I dont often sell. The only things I sell would be hard to sell things that only a few people would want and that are still worth selling. When I have things that are easy to sell, like throwing stars or scrolls, I just look up their prices on basil and go and sell in fm. But yeah. I guess I just wanted to rant on how I dont like reserves for no real reason. Booo. Reserves. ^_^

EatingPie 09/02/09 + PM | QUOTE | PERMALINK | REPORT

Yea, I hate reserve prices....... if you price the auction low, and it doesn't sell for the price you want, deal with it.....

br333 09/02/09 + PM | QUOTE | PERMALINK | REPORT

Eggzactly. Also another site complaint, I think that the items that are untradeable should say so next to their name. lol. I know this sounds kinda sill, but when the belts first came out, I had no idea if they had to be scissored or not. I would kinda like to know before I buy something. Most items dont apply, but there are a couple that some people might not know about and think are tradeable.

Dimeside Sep 02 2009 + PM | QUOTE | PERMALINK | REPORT

I agree and would also like to ask if you hate when people auto-win for less than the actual price they set. Pissed me off so much when I didn't have any feedback.

KazeKishi 09/02/09 + PM | QUOTE | PERMALINK | REPORT

Yup it's pointless pretty much.

Etokapa 09/02/09 + PM | QUOTE | PERMALINK | REPORT

I don't like them either. The only thing I could think they could be good for is to get an estimate of a price check for an item without asking the forum.

magicmage6 09/02/09 + PM | QUOTE | PERMALINK | REPORT

I think it is a good function..

OniKakaHaka 09/02/09 + PM | QUOTE | PERMALINK | REPORT

Lol, this is biased, as anyone here every PUT UP a auction? OK E.G. You put up a 10 att wg for the starting bid of 2k. So you are not going to put a reserve price? Sure, ok. That's a big loss for you. The problem is Basil auctions doesn't have enough people on it, looking for deals. And if only one person bids on it, it means them = PROFIT w00t! and you = AHHHHHH? So that my opinion.

CooHwip 09/02/09 + PM | QUOTE | PERMALINK | REPORT

They're dumb. No point. Waste of time. Crap.

Recreational Sep 02 2009 + PM | QUOTE | PERMALINK | REPORT

Pointless. EDIT: OniKakaHaka, what you do is you set the minimum price higher. Reserves are simply annoying.