posted on February 23, 2003 11:54:39 AM
High ticket items often require multiple
listings before they sell.
This will pretty much kill the high
end art & antiques market on ebay.
Reserves are common in RL auctions.
And the customrs who buy this stuff
are used to that. Looks like this
company will do anything to remain
the darling of Wall Street.
posted on February 23, 2003 05:31:53 PM
Yeah, they have hit the low end seller as hard as they can without killing them. Now the greedy SOB's are after the high end sellers. They can't just be happy with the commissions they get. Most of the things I put a reserve on aren't going to be affected, so I am not too worried right now.