JomOffers "Budget"

[rmarcant]

If you look at ebay or other major auction sites, where is the term "Budget" located? What does that term mean in US language terms? Is that Reserve price (as it might seem to be the way ebay states) or are you using that term in some other capacity? Please explain. It's not listed anywhere on your site.

[Support Team]

It means total price that user can spent to make the job done. 

[rmarcant]

That doesn't even make sense "can spend to make the job done". Are you saying it means the reserve price to be met in order to close the auction? If so, it should say reserve price NOT budget. Please clarify.

[Support Team]

Budget field is the total amount investor is willing to spent on the job. Hope it is clear now. 

[rmarcant]

That's even more confusing. This software is an auction site. Auction sites have "Make Offer", "Buy Now" and "Reserve Price". No where on any auction site do I find budget  or investor. 

If I post $50 budget, what does that mean? You say it means it's the amount an "investor" is willing to spend on the "Job". What job? Auctions are for selling products more than anything. So what job are you referring to? Are you saying someone who bids on product is an investor? In my view and many others, investor is someone who invests in something (a commodity). No one refers to a person who bids on a product in an auction as an investor, no, they are bidders.

So I'll ask again. Is Budget in your software a Buy Now or Reserve number?