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22
Nov

Question TypeIcon Question Type: General Enquiries
QuestionIcon Question: What is a Starting Bid
AnswerIcon Answer: The start bid for your item is the maximum price your item will start at. 
 This is effectively the maximum price which you could possibly get for your item. Due to our unique count-down pricing system your item will NOT stay at this amount.

The current points value of an item is listed in each item description, and 'grabbers' must have at least this many points in their account in order to grab the item.

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Saturday, 22 November 2008
Votes: 0
Comments: 0
Hits: 133
Modified: 06 Dec 2008

22
Nov

Question TypeIcon Question Type: General Enquiries
QuestionIcon Question: What is a 'Reserve Price'
AnswerIcon Answer: If you specify a reserve price for an auction item, you are not obligated to sell the item for less. If the highest bidder does not meet the reserve, do not have to complete the sale.

You can specify the reserve price when you list an item. This amount has to be equal or lesser than the start price. Your xchange will start at the start price you have chosen and will never go lesser than your 'Reserve' price.

Sizexchange.com will never disclose your reserve price.

If the item is 'Grabbed' before the reserve is met you are obligated to sell the item to the highest bidder at the end of the auction.
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Saturday, 22 November 2008
Votes: 0
Comments: 0
Hits: 111
Modified: 07 Dec 2008

22
Nov

Question TypeIcon Question Type: General Enquiries
QuestionIcon Question: What are the available transaction types?
AnswerIcon Answer: Points Based Transactions - All Members can Xchange and Grab items in transactions of this format.
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Saturday, 22 November 2008
Votes: 0
Comments: 0
Hits: 123
Modified: 27 Nov 2008