What is the meaning of “Sold on Approval”?
The term ‘Sold on Approval’ indicates that the item has already been auctioned but is subject to a reserve price that must be met or approved by the seller. If the highest bid does not meet the reserve, the seller has the option to either approve the sale at that price or counter with a reserve price. This process ensures that sellers receive an acceptable amount for their items.
If you need further assistance, please don’t hesitate to contact the RideSafely team at (215) 289-0300. We’re here to support you!
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Team RideSafely.com
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Updated: July 31, 2024, 2:45 PM
July 30, 2024 5403 RideSafely Process
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