reserve auction

Hey, I Have a question regarding Sedo Great domains auction. If the reserve price range is between $500 and $1000, is that means the highest offer is $1000, in other words the seller can't sell it for $2000 for example ? I'm confused help me understand,

Hey, I Have a question regarding Sedo Great domains auction. If the reserve price range is between $500 and $1000, is that means the highest offer is $1000, in other words the seller can't sell it for $2000 for example ? I'm confused help me understand,

Not sure if anybody feels the same way as me but why do sellers waste their and others time with reserve auctions? Realistically speaking majority or shall i say 99% of the time, the domain is priced unrealistically and will not meet the reserve anyways. I also doubt that you have a user...

Not sure if anybody feels the same way as me but why do sellers waste their and others time with reserve auctions? Realistically speaking majority or shall i say 99% of the time, the domain is priced unrealistically and will not meet the reserve anyways. I also doubt that you have a user...

why

why