Reserve Price Auctions

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Posted By: hop373

Reserve prices are nothing more than head games played with potential customers. I have written eBay to complain about what a lousy practice I have always felt reserve bidding is. They answer back was that it allows sellers to "research the value of their items just like buyers are able to do their own research"...???? Does anyone else see the difference between buyer's research and seller's research. Can't sellers research items the same way as buyers?
If you have an item, and you feel you have to have a certain price for it, just be honest, set a minimum bid and if it sells...great. If it doesn't, your minimum is too high...it isn't a puzzle. I hate head games, I will almost never bid on an item that has a reserve (almost). Can someone tell me the advantage to starting a bid at $20 but setting a reserve of $30....that just seems ignorant. If you need $30...start at $30.