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Thread ID: 42830 2004-02-24 02:04:00 trade me yingxuan (3330) Press F1
Post ID Timestamp Content User
217720 2004-02-24 02:04:00 IF the reserve price has not been met in an auction for example this auction
www.trademe.co.nz


Does this mean that the username hasibis will not be able to buy the phone?I don't understand.Plse help!
yingxuan (3330)
217721 2004-02-24 02:09:00 i am buying this phone www.trademe.co.nz

If i win the bid and nobody out bids me and since the reserve price is not met.Does that mean i can't buy the phone?
seems a bit strange!
yingxuan (3330)
217722 2004-02-24 02:14:00 yes, the reserve price is what the seller is willing to sell at, so if its not meet they are not willing to part with the phone for that price. if you want to, you can email the seller at the end of the auction and they may want to set a price offer that you can then accept it if its in your price range. _david_ (3309)
217723 2004-02-24 02:18:00 The value of a thing is what a willing buyer will pay a willing seller. The key word is "willing". The vendor is not willing to accept less than the reserve. Graham L (2)
217724 2004-02-24 02:44:00 If i win the auction but hasn't the reserve.I should be able to get the seller's address correct? yingxuan (3330)
217725 2004-02-24 02:51:00 Probably not. ;-) There was no sale. Trademe make their money by taking a commission on sales. They don't want to make it easy for people to make private deals. Graham L (2)
217726 2004-02-24 03:13:00 Yingxuan,

A bit of a tip here regarding bidding on these auctions.

Wait until the auction is in it's last half hour before you bid, the last 5-10 minutes is best and if the reserve has not been met and you want the product, just match the reserve.
Doing it this way gives other bidders less time to place their bids before it closes.
;)
albatross (343)
217727 2004-02-24 03:14:00 thanks for that! yingxuan (3330)
217728 2004-02-24 03:43:00 If you win the auction but it hasn't met reserve then you will be given the option to request a fixed price or have the aution relisted. It will be up to the seller if they wish to offer you a fixed price and if they do then you have 2 days to accept it, the offer is usually sent to other bidders as well so first in first served. Odin (227)
217729 2004-02-24 06:54:00 You don't always have to keep bidding until the reserve is met. If the highest bid is fairly close to the reserve when the auction is finished the seller has the option of offering the item at a fixed price which may sometimes be lower than what the reserve was. Of course, you don't know what the reserve is until it is reached or the auction is finished. MaryJane (5294)
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