If you add a reserve price to your lot, you can choose to start bidding from €1, 60% of the reserve price or the reserve price. You choose this when you’re submitting the lot for auction.
In general, bids under the reserve price help to build momentum and are nothing to worry about.
But to help make sure you get the best result at auction, we’ve researched what happens when you select to start bidding from €1, 60% of the reserve price or the reserve price.
We found that the best option for you depends on the category you’re selling in. When you’re selecting where to start bidding from in the submission process, you’ll see a note about the best option for the category you’re selling in.
So if our suggestion is to start below the reserve price, you can rest assured that we’ve researched this option. And the momentum it builds helps items in that particular category to sell.
Also keep in mind, when someone bids on a lot with a reserve price, we’ll let them know if their bid was above or below the reserve price. This gives them the chance to continue bidding until they reach the reserve price.