Re: Selling disappointments
While I did mention a reserve, I will say that it does scare off bidders. I tend to try and stay away from them but I brought it up since it is a valid option.
I think the one key thing here that really hurt you was the ending time of the auction. As a bidder, I love late night auctions as I'm usually still up at that time and most of the competition has gone to bed. As a seller though, that kills your sale prices. Most of my sales when I do sell on there, the buyers are from the mainland USA, so I always consider the 3 hour time gap when putting up auctions since I'm on the west coast.
While I did mention a reserve, I will say that it does scare off bidders. I tend to try and stay away from them but I brought it up since it is a valid option.
I think the one key thing here that really hurt you was the ending time of the auction. As a bidder, I love late night auctions as I'm usually still up at that time and most of the competition has gone to bed. As a seller though, that kills your sale prices. Most of my sales when I do sell on there, the buyers are from the mainland USA, so I always consider the 3 hour time gap when putting up auctions since I'm on the west coast.
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