Ebay question-'reserve not met'..?

Question

i am bidding on an item, and in 'my ebay' in the list of things i'm bidding on, it says (in red writing) 'reserve not met'.

The current bid is £10, and i have bid £14 so far.

Anyway, what does it mean when it says 'reserve not met'?

Answer 1

what the guy below said and if it don't reach that price the seller doesn't have to sell it to you

Answer 2

it means he has a reserve price of atleast £50 on it....anyless and it wont sell

Answer 3

the seller has set a reserve price

that's the minumum they will take

your bid does not meet their lowest price

Answer 4

The item has a price set by the seller which once past in the auction he has to accept the winning bid. Watch out for schill bidding (the seller or friend uses another account to inflate the price) ebay don't disclose bidders until auction finish anymore the reason i stopped using it.

Answer 5

It means the seller has put a price on the item (will not sell it for less). They obviously know what value it is, so unless the reserve price is met, the item will not sell. Hope this explains it.

Answer 6

The bidding may start at 1p, but the person selling their item may think it's worth £100 for example.  So the person selling will put on a reserve to stop the item selling for less than they want it to sell for.  So for the reserve to be met, you need to keep bidding until you've reached what the person will sell their item for as a minimum.  Hope that makes sense!!!  

Answer 7

The seller of the item has placed a reserve on the item.

If the reserve is still red, it means it hasn't been met, and it won't sell.

If the reserve has been, met, it will change to a green colour, and it will sell at the end of listing price.

Answer 8

People put a reserve on an item when they are not prepared to sell it below a certain price. On ebay the minimum reserve price is £50, so your seller is looking for at least £50 for their item, maybe more.

Answer 9

it means that the seller a rock bottom price that he/she wont sell the either for less than. it will remain a mystery until it reaches its actaul reserve price, it will then say 'reserve met'.

Answer 10

The person(seller) has set a minimum amount they will take for the item. Lets say I am selling iPhone and set the reserve amount at $1000 and you bid up to $1200 but if the next person you over bid is only bid $800 then you will only bump up to say $810 but and so on. Someone will have to over bid the reserve amount for you wo win the item or try to win. Thansk

Answer 11

It means that the seller has put a reserve on the item In other words won't sell below a certain amount. That amount has not yet been reached in your auction.

Answer 12

it means the seller wants over a cirtain amount for the item and if it doesnt reach that figure he wont sell.

and just so u know the minimum resurve is £50 so he wants more than that for it

Answer 13

seller has put a reserve amount on the item - a price that the item must reach before it can be sold. The minimum reserve amount a buyer can put on an item is £50 so I would think you would need to bid above £50 to stand a chance of buying it.