Auction Type - Normal Auction is an auction where bids are ranked in order of price, then quantity, then time. The auction starts at the Starting Price you select. Low starting prices attract more bidders, and more activity tends to result in higher closing prices. Keep in mind, however, that you might have to sell your item at the Starting Price. .An Auction with Reserve is like a traditional Normal Auction except the seller selects a Reserve Price in addition to a Starting Price. Buyers can bid below the Reserve Price, but the seller is not obligated to sell unless a bid matches or exceeds the Reserve Price. If the Reserve Price is not met when the auction closes, it closes without a winner.
Starting & Reserve Price - . This is the initial offering price for your item when bidding opens. Set this as low as possible to encourage more bidding. As for the Reserve price is the lowest price at which the seller is willing to sell the item.
Auction Duration - Set the length of your auction - You can select the time that your auction will be open for bidding. (from 1 hour to 1 month).
Preview/ Submit Auction - After you've filled out the Sell form you'll be shown a preview of your auction. Take the time to carefully look over your page carefully for spelling mistakes, broken images, and bad links and the starting price. "Submit your auction" - When you've previewed and checked your auction page, click the "Submit" button.
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