Reserve?!?

dkr · 12-08-2005, 08:29 PM

Really n00b question... What is a reserve in a domain auction?

Troubled1 · 12-08-2005, 08:39 PM

Reserve is an amount the owner sets as the minimum at which he is willing to sell. For example... if a domain owner decides he wants at least $100 for a domain he sets his reserve price at $100. I hope this helps.

dkr · 12-10-2005, 11:09 AM

Yes, this helps a lot thanks a lot! Rep added

**Jennifer** · 12-10-2005, 11:43 AM

Reserves don't really work in forum auction settings IMHO...

If you set the starting bid at $1.00 and then you say the reserve is $50.00... none of the bids before $50 matter, so the starting bid is really $50.00...

If you start your auction at $1.00 and say the reserve will be revealed when reached... then you could make the reserve anything you wanted with no one governing your reserve price... and that's not fair to anyone..

It works at venues like eBay because it can't be cheated... and the bidder feels confident that at least if the reserve is met, they will win the auction and is not being milked for higher bids.
????: NamePros.com http://www.namepros.com/domain-newbies/146575-reserve.html

my .02 on reserves in forum auction

Jennifer

12-08-2005, 08:29 PM	THREAD STARTER #1 (permalink)
dkr Respect My Authority! Join Date: Jul 2005 Location: Canada Posts: 2,236 Follow @donnyouyang	Reserve?!? Really n00b question... What is a reserve in a domain auction? __________________ Follow Me (new!): @donnyouyang Founder @ Rayku \| Kinkarso Tech

12-10-2005, 11:09 AM	THREAD STARTER #3 (permalink)
dkr Respect My Authority! Join Date: Jul 2005 Location: Canada Posts: 2,236 Follow @donnyouyang	Yes, this helps a lot thanks a lot! Rep added __________________ Follow Me (new!): @donnyouyang Founder @ Rayku \| Kinkarso Tech

12-10-2005, 11:43 AM	#4 (permalink)
Jennifer Forum Advisory Team Join Date: Aug 2003 Location: East Bay Posts: 7,141 Follow @jchiera	Reserves don't really work in forum auction settings IMHO... If you set the starting bid at $1.00 and then you say the reserve is $50.00... none of the bids before $50 matter, so the starting bid is really $50.00... If you start your auction at $1.00 and say the reserve will be revealed when reached... then you could make the reserve anything you wanted with no one governing your reserve price... and that's not fair to anyone.. It works at venues like eBay because it can't be cheated... and the bidder feels confident that at least if the reserve is met, they will win the auction and is not being milked for higher bids. ????: NamePros.com http://www.namepros.com/domain-newbies/146575-reserve.html my .02 on reserves in forum auction Jennifer __________________ JenniferChiera.com

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12-08-2005, 08:39 PM	#2 (permalink)
Troubled1 NamePros Regular Join Date: Oct 2005 Location: Texas Posts: 306	Reserve is an amount the owner sets as the minimum at which he is willing to sell. For example... if a domain owner decides he wants at least $100 for a domain he sets his reserve price at $100. I hope this helps.

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