Reserve Price

I shop ebay frequently, in fact when ever my computer is on, I'm on ebay, viewing all of the auctions. I do more viewing than purchasing. When purchasing, its buyer beware on ebay or any auction website. Some of the items on ebay are advertised a new, and its true, but the items, especially electronic items are ones that did not sell in a store for one reason or another. On the ebay auction listing, there is lots of information, the starting price of the item, a picture, shipping information and sometimes a reserve price. Sometimes the seller places a "reserve price" on the item for sale. The auction listing says, for example $10.00, but the "reserve price" is hidden and is usually more than that price, sometimes a lot more. You can bid $11.00 on the item and keep bidding and keep bidding $14.00, $20.00 and on and on, but never win the item. Placing a reserve price on an auction item is dumb. If you want to sell a $10.00 item for $50.00 just put $50.00 as the starting price. Don't waste buyers time with a reserve price. If an item is worth more than you want to sell it at an auction price, or you don't want to sell it, just keep it.