A non-reserve price auction with a low minimum bid will get substantially more participants than a reserve price auction or an auction with a high minimum bid. Any resulting sale, at whatever final price, will be a customer you would not have had. The fee will then be based on the final selling price of your item. This fee will be fully refunded if the reserve price is met. If the reserve price is not met and the item is not sold, the reserve price auction listing fee will apply.
Auctions are a proven way to maximize the sale price for most any product or service.
If an item has been listed with a reserve, and the reserve is not met, the listing fee will be charged to the credit card on file at the close of the auction. It is your responsibility to provide an email address at which you can receive notices of fees due and pending charges to your account. Contact your issuing bank to determine if your card is subject to these limits or any other restrictions that may apply. Fees may then be deducted from this prepayment. If you have your credit card on file, you will normally be charged 5 to 7 business days after close of auction.