This term refers to the confidential minimum price that has been agreed upon between the seller/consignor and the auction house. It should be assumed that all items are sold subject to reserve unless otherwise stated to be Absolute or Without Reserve. (see above)
The "Reserve Price" is the lowest price at which a Seller is willing to sell an item, even though the starting price may be much lower. If the bidding does not meet or exceed this price, there is no sale. The reserve price is never disclosed to bidders.
Refers to that minimum price that could help you win the auction. Bidders often know there is something called a reserve price but not what it exactly means. In order to win any auction a bidder must exceed the reserve price and have the highest bid. If none of the bidders meet the reserve price, neither the seller nor the highest bidder are under any obligation to complete the transaction.
Sellers can offer their item at very low price to get people to look at it, but they protect them selves by setting a reserve price. If the bids do not go above their reserve price then the seller is not obligated to sell the item, however they can if they wish.
Reserve auctions are available only for auctions in select vehicle categories. Setting a reserve price lets you start the bidding at a price lower than you would be willing to sell for. If the highest bid does not meet your reserve price, then you're under no obligation to sell the item to the bidder. eBay charges an additional fee for setting a reserve price, but it is fully refunded if your item sells. Please see the Fees page for more information.
a promise by the developer guaranteeing a certain level of return on an investment property. Usually stated as a percentage of the purchase price, it generally relates to investment properties purchased off the plan. a minimum price acceptable to a seller at auction.
The lowest price at which the seller is willing to sell his or her lot. This price is generally higher than the minimum opening bid. In order to win the auction, a bidder must meet or exceed the reserve price and have the highest bid. If no bidders meet the reserve price, neither the seller nor the high bidder are under any further obligation to complete the transaction.
This is the minimum price that is acceptable to the vendor for selling his lot in the auction room. We do not generally publish reserve prices and typically these are not fixed by the vendor until a few days before the auction.
The lowest price at which a seller is willing to sell an item in an auction-style listing. When sellers list an item, they can set a secret reserve price. If the highest bid does not meet the reserve price, then they're under no obligation to sell the item to the bidder. This feature lets sellers set a low starting price to stimulate bidding among buyers, yet ensures that the item will not be sold below a price they're willing to settle for. eBay charges an additional fee for setting a reserve price, but it is fully refunded if an item sells. For more information, see the Fees page.
Reserve Price is the lowest price you will accept to sell your item. Bidders do not know this reserve price, but they will be notified when and if it is met. If the final bid is less than the reserve price, the seller retains the right not to sell the item. Please note that reserve price is not available in Dutch auctions.
The minimum amount the Seller is willing to sell an item at in a Reserve Auction. The Seller has the option of choosing the amount the item will sell for. Reserves are always set higher than the Starting Price.
The lowest price at which a seller is willing to sell an item. Bidders never see the reserve price. A seller might indicate a reserve price if they are unsure of the real value of the item and would like to reserve the right to refuse to sell the item if the market value is below a certain price. If an item has a reserve price, that will show on auction page. Conventional wisdom says that buyers prefer auctions that have "No Reserve," and that you will attract more bidders if you don't list a reserve price.
Used primarily in auctions indicating the asking price requested by the seller. In the event the highest bid received does not meet or exceed the reserve price, the offer is conveyed to the seller for acceptance, decline, or negotiation. Return to the Top of the Page
The reserve price is the lowest price at which a seller is willing to sell an item. The seller sets a "Starting Price" and allows buyers to drive up the price by placing bids. If at the close of auction, the bidders have not met the reserve price, the seller is not obligated to sell. Learn more about the reserve price.
The price a seller has stipulated as the minimum bid acceptable for an item. Bidders must meet or exceed the reserve value before the seller is obligated to complete the transaction. There is no further obligation for any parties to complete a transaction when the reserve price is not met.