How it works
Regardless of whether a bid has been placed, you will be able to adjust your Reserve Price through the “Revise Your Item” process as long as 12 hours or more remain in your listing. The Reserve can be reduced downwards to a minimum of one bid increment above the listing’s current price. Once the Reserve Price has been lowered, bidders will receive notification about the change through email, My eBay, and on the item page.