As we have been mentioned a couple of times here, I figured I'd fill everyone in on some of our ebay experiences.
No Reserve:
Well, that is simply Kirkham policy. I have downed TUMS a couple of times during the last few minutes of some of our auctions. If the car only sells for 1 dollar, then too bad--we better find a different line of work, (just ask SFCJ on what kind of a car he stole...)
We have overall been quite happy with ebay. I know there are problems, but we have found that the No Reserve auctions usually bring the best money.
As for selling it before the auctions ends...(no slam intended here) we just don't view that as a no reserve auction. (Others may have thier opinion, of course, and that is fine.)
To us, it starts at 1 dollar and goes where ever it goes. That said, we have sold quite a few cars for OVER retail price. Maybe it is because the buyer knows exactly what he is getting and there is little drama involved or negotiation on who knows what.
In all of the auctions we have run, we have only had 1 car not sell. That was a car that was listed at a "Buy it now" price...and no one bought it now. Of course, that car later sold to a guy who didn't want to buy it off of ebay, but had called us several times during the auction. As such, we didn't relist the auction or complain to ebay to get any of our money back. Of course, many of you here are very familiar with that car as it precipatated our New Year's Special which netted us many, many sales.
Maybe that is why we usually get good money on our auctions. The public knows what they are getting and don't have to worry we won't deliver.
David
