Reserve Auction
Lelong.com.my has a stupid rule, which is called “Reserve Auction”
I was bidding an item in lelong.com.my and I won the bid with a very low price!
Then I waited for a day and no email was sent to me.
I then try my way to find that closed bid page and finally I found it.
Bidding Details
Then when I read carefully I was stunned!
Apparently there’s a line of word saying (Below Reserve).
I was like, WHAT?
So I clicked on the (What’s This) and read about the descriptions.
Reserve Auction
Reserve auction is auction with a reserve price. The reserve price is the lowest price a seller is willing to sell an item for. This amount is generally higher than the minimum bid. In order to win the auction, a bidder must meet or exceed the reserve price set by the seller and have the highest bid. If no bidders meet the reserve price, neither the seller nor the highest bidder are under any obligation to complete the transaction.
SHIT~!!!!!!!
So that means even if I won the bid, but the price is lower than the reserved price, I still lose and can’t claim the item.
Sighs…Why? Naze~!!! Doshite~~!!!!
