Business 4sale on ebay

Discussion in 'Lawn Mowing' started by gogetter, Nov 16, 2002.

  1. gogetter

    gogetter Banned
    Posts: 3,256

  2. Lawn Sharks

    Lawn Sharks LawnSite Senior Member
    Posts: 394

    Oh my god, I want that truck!

    He has no reserve on this auction. He could get burned pretty bad.

    Maybe he will sell me the truck.

    :D
     
  3. Brickman

    Brickman LawnSite Bronze Member
    Posts: 1,249

    Yeah I can see where he will get screwed by no reserve. Currently the biding is only at $3000.
    It looks and sounds like a legit operation, that for the right guy should do OK.
     
  4. Bunton Guy

    Bunton Guy LawnSite Bronze Member
    Posts: 1,762

    Wow does that mean that he has to sell it for 3 grand if its the last bid ? No likely but I live in charlotte and sounds interesting maybe I can expand and have 2 locations:D
     
  5. Lawn Sharks

    Lawn Sharks LawnSite Senior Member
    Posts: 394

    Exactly, by not putting a reserve on it he must sell to the highest bidder once the auction closes. He may realize it before the auction closes and end the auction early which is allowed.

    Not putting a reserve on an item is a great way to generate interest but on an item this costly you would be foolish not to have one.

    Keth
     
  6. Lawn-Scapes

    Lawn-Scapes LawnSite Silver Member
    Posts: 2,810

    I sent the guy an email and what do you know... auction closed.
     
  7. Bunton Guy

    Bunton Guy LawnSite Bronze Member
    Posts: 1,762

    Isnt That salary a little high to ?
     
  8. nu83

    nu83 LawnSite Member
    from omaha
    Posts: 238

    if you dont have a reserve all you would have to do is have a friend bid higher and end the auction.
     
  9. Lawn Sharks

    Lawn Sharks LawnSite Senior Member
    Posts: 394

    if you have a friend bid higher then you still have to pay the fee to Ebay and on something that may be worth 30k or more the fee can be quite large, not a price I would want to pay for making a small mistake.

    He did the right thing. Ended the auction and it will likely resurface with a reserve that he is willing to sell it for in the days to come.


    Keth
     
  10. nu83

    nu83 LawnSite Member
    from omaha
    Posts: 238

    What good is a reserve if you can end the auction.
     

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