Junkman
Super Member
He probably felt that it wasn't worth it in the end to wait to see if some bidders would be coming in at the last moment. I was watching an auction last week that was stuck at $36 for 6 day, 23 hours, 45 minutes.... in the last 15 minutes, there were about 20 bids and the item closed at $375. People have become savvy and don't bid till the end. As a seller, I put a reserve on the item and if it doesn't meet the reserve, then it isn't sold. On the other hand, e Bay charges a hefty amount when you put a reserve on an item. It is equivalent to the commission amount that is due if the item sold. They get their money either way when there is a reserve. I tack on the extra cost of the reserve or the commission to the shipping. I almost always put the shipping costs into the auction so people can decide if the total cost of the item plus shipping is worth it to them. Between e Bay commissions, listing fees, & PayPal fees, it cost approximately 10% of the total selling amount....