On E-bay, if you are buying concert tickets, what does "No Reserve" mean?

Question

so is no reserve a good thing?

Answer 1

I think it means no reserved price, meaning that the seller hasn't set a price the item must sell for and it will go to the highest bidder. I'm not absolutely sure though.

Answer 2

Ebay allows sellers to set a reserve.  Which means that if the selling price didn't meet their set reserve price, the sale is off.

No reserve means it can go for the lowest bid. Even if that's only $.01 this applys to all auctions on ebay.

Hope this helps

edit....no reserve is good for you, sucky for the seller..

Answer 3

Well, on some auctions, the seller will pick a price which is the minumum they will accept for an item. This is called the Reserve Price and is not revealed. As an Ebay seller, I've never used a Reserve Price. So you can bid whatever price you want...Good luck!

Hope I helped.

Answer 4

a reserve is the minimum price they will sell the item to you

no reserve means there is no minimum price you must pay to win the tickets.

sometimes sellers will put a reserve on an item they are selling so they can make a profit.

Answer 5

The seller doesn't have a hidden minimum bid. He must sell it for the highest bid offered at the end of his auction, even if he loses money.