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Originally posted by cyphix
The reason why people won't say a reserve is very simple..
If you tell people the reserve & they decide they aren't interested at that price then obviously after hearing the reserve the buyer(s) is not going to bother bidding on it... hence creating less auction activity which makes it look less desirable to others because no-one else/less people are bidding on it, which in turn turns others off it.
Originally posted by cyphix
The reason why people won't say a reserve is very simple..
If you tell people the reserve & they decide they aren't interested at that price then obviously after hearing the reserve the buyer(s) is not going to bother bidding on it... hence creating less auction activity which makes it look less desirable to others because no-one else/less people are bidding on it, which in turn turns others off it.
:-D
Good luck with the sale!
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