A reserve price is the lowest price at which you are willing to sell your item. If you don’t want to sell your item below a certain price, you can a set a reserve price. The amount of your reserve price is not disclosed to your bidders, but they will see that your auction has a reserve price and whether or not the reserve has been met. If a bidder does not meet that price, you're not obligated to sell your item.

Why have a reserve price? Many sellers have found that too high a starting price discourages interest in their item, while an attractively low starting price makes them vulnerable to selling at an unsatisfactorily low price. A reserve price helps with this.

Note: The Reserve price option is only visible for Online Auction format; it is not visible for Fixed Price or Classified Ad format listings. Also, it is not available for Multiple Item (Dutch) Auctions.

All Reserve Price Auctions are subject to a Reserve Price Auction Fee that is refunded when you successfully complete your auction on eBay. If your item does not sell, this fee is not refunded.

You may lower your reserve price after you receive bids on the item.

Note: To keep eBay a safe place for buyers and sellers, eBay limits how bid history information is shown. User IDs are not shown—buyers are identified only as anonymous names throughout the duration of the auction, even if you lower the price. Only you, the seller, can see the user IDs of bidders on your items.

Example of a reserve price

Imagine a seller wants to sell an item for at least Rs.1000, but he is worried that a starting bid price of Rs.1000 will discourage potential bidders from bidding. If the seller uses a reserve price, he can list his item for sale on the Sell Your Item form with a starting price of Re.1, Rs.5, Rs.10, or any amount below his required reserve amount. The seller can then enter a reserve amount of Rs.1000. By listing his item this way, bidding will start at the lower price, but the seller won’t be obligated to sell the item unless the bidding reaches at least Rs.1000—the reserve price.

The following illustrates a reserve price listing.

Although the item has received a bid (see arrow B ) the bid did not reach the seller’s reserve price (see arrow A) before the listing ended. Therefore the seller is not obligated to sell their item to the highest bidder.

Important: eBay will never reveal your reserve price to potential bidders. But sellers often receive inquiries from bidders about the reserve price. This is allowed on eBay. Likewise, revealing your reserve to a bidder is allowed, but not required. If you don’t want to reveal your reserve price, you can politely let the bidder know that they can bid what they like and if the bidding meets the reserve price the item will be sold.

Creating a listing with a reserve price

When you list an item on the Sell Your Item form, using the Online Auction format, you’ll see a box to enter your reserve price.

Note: If you don’t want to use a reserve price, leave the field blank.

If you don’t see the Reserve Price option on the form, click the “Add/remove options” link.

In the window that appears, select “Reserve price”, then click the Save button.