Pricereserved

Pricereserved is a term sometimes used in online marketplaces and real estate contexts. It refers to a situation where a seller has set a minimum price below which they are unwilling to sell an item or property. This minimum price is often referred to as a "reserve price." When an auction or listing reaches its reserve price, the sale can proceed, even if the highest bid is still below the seller's expectation. If the reserve price is not met by the end of the auction or listing period, the item is typically not sold, and the seller retains possession.

In some online auction platforms, the term "price reserved" may appear next to the current bid or a listing status. This indicates that the reserve price has not yet been achieved. Buyers can see that the bidding is progressing towards the seller's minimum acceptable value. The exact implementation and display of "price reserved" can vary between different platforms and services. It serves as a transparency mechanism, informing potential buyers about the seller's minimum expectations without explicitly revealing the reserve price itself to all bidders. This strategy aims to protect the seller from underselling while still encouraging competitive bidding.