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Can we set a reserve price?
Can we set a reserve price?
Team Municibid avatar
Written by Team Municibid
Updated over a week ago

Yes. However, we only recommend using a reserve if you are absolutely not willing to sell the item for even a dollar less than the reserve price. When using reserve pricing, we suggest that you do research on the value of your item since we have found that many sellers are not aware of the true/fair market value of their items and therefore set unrealistic reserve prices (either too high or too low). And remember, if the auction closes and it did not meet the reserve price, you always have the option to offer the item to the highest bidder - all you need to do is contact us at and we will offer your item for you!

Have questions about your reserve price? Feel free to ask.

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