How Reserve price works

Sure! Here are step-by-step instructions on how reserve bid pricing works for an auction on the Dream Dealz LLC website:

  1. Access the Dream Dealz LLC Website: Open your preferred web browser and navigate to the Dream Dealz LLC website (www.dreamdealzky.com)
  2. My Account/Register If you haven’t already, create an account on the Dream Dealz LLC website by clicking on the “Sign In” or “Register” button. Fill in the required information and follow the prompts to create your account.
  3. Explore Auction Details: Click on the auction listing to view the details of the item. Look for information about the reserve bid price. The reserve bid is the minimum amount that must be reached for the item to be sold.
  4. Understand the Reserve Bid Price: The reserve bid price is set and. It acts as a threshold, ensuring that the item is not sold for a price lower than what the seller is willing to accept.
  5. Place Your Bid: To participate in the auction, enter the maximum amount you are willing to bid in the bidding field. Remember that your bid must meet or exceed the reserve bid price for a chance to win the auction.
  6. Monitor the Auction: As other users place bids, the auction price will increase. Keep an eye on the auction page to see if your bid remains the highest or if you need to increase it to surpass others.
  7. Auction Completion: Once the auction ends, the highest bidder who meets or exceeds the reserve bid price will be considered the winner. If the reserve bid price is not met, the seller may choose not to sell the item.
  8. Payment and Delivery: If you win the auction, follow the payment instructions provided on the Dream Dealz LLC website to complete the transaction. After the payment is confirmed, schedule your pickup of the item.

Remember to review the specific auction terms and conditions provided by Dream Dealz LLC for any additional guidelines or rules that may apply to reserve bid pricing.