Quick ebay Question (Reserve prices)

Because I know you lot will know the answer and I did a quick
search of upce and couldn't get to the faq site (server n/a?).

Say I have an auction with a start price of £25 and a reserve
of £250 (and a Buy-It-Now of £500). I have no bidders but then
somebody bids £250; same as the reserve.

Does this mean that the current price stays at £25 as per usual,
or does it mean that it goes up to £250 to meet the resrve and
the "Reserve not met" disappears?

The reason I ask is because the ebay faq is not too obvious:
"If your maximum bid is the first to meet or exceed the reserve
price, the effective bid displayed will automatically be raised
to the reserve price."
[http://pages.ebay.co.uk/help/buy/buyer-reserve.html]

The other reason is that I had a bid on my auction which was
above the reserve, but then got cancelled. I'm wondering if it
was a "feeler" bid to see what the reserve was?

 

It goes up to 250 as that met the reserve.

Quite possible.

 

There was nobody interested in helping to keep it up to date and after all
the recent changes it needed it rather badly , so I let the domain lapse
when it was up for renewal.

--
Alex

"I laugh in the face of danger , then I hide until it goes away"

www.drzoidberg.co.uk

 

Fair enough; I just found the latest FAQ post and tried the link!

 

Hmmm. I thought this was the case from my reading of the ebay
help about it, but I can't decide if this is a silly situation
or not. Mainly because...

So I could just go round plonking bids of thousands on any auction
to trigger the reserve and then cancel the bid? It kind of makes
a mockery of the "hidden reserve price" if it's that easy to see.

 

So I should probably stop the autofaqbotposting then, shouldn't I?

 

Yes. Even if they bid more than £250, the current price only goes up to
£250. And of course the BIN disappears.

 

Alex, zip the FAQ site up and I can host it at ukrm.co.uk here.

This has been going for years and I've no intention of letting it lapse.

 

I've had it done to me. Using the same numbers as OP, someone bids
£250, this shows the reserve, they then cancel the bid as 'wrong amount
bid' and immediately bid again at £25, knowing it's well away from
reserve ... all looks normal again and they don't get shafted by ebay
for anything.

Not that buyers get shafted anymore ...