...<br><br>Well obviously you have some idea or you wouldn't wait until they had higher bids. What prices do you want them to at least be around when you sell them? It may increase bids because people want to make sure they get the dog they want so you dont end it with no winner.
No..because its not a 'buy it now' price. It's just the lowest you would sell it for. It garantees that you will sell the dog and not say "oh well bids aren't high enough so it wont be sold". Get what I'm saying?
Someone can't make you sell something but that's the point of the reserve.<br><br>For example..<br><br>I have a dog thats for bid. I am not getting high bids. I want at least 5mil for the dog. So I tell people that 5mil is my reserve. If the bids are below 5mil, I won't sell the dog.<br><br>Basically it means that you will sell the dog if it meets or is higher than your reserve at the end of the auction. It's different fom bin because for bins no one 'should' bid higher than that and they get it mainly before the auction ends.<br><br>I really don't know how to make myself anymore clearer.
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