Subject:
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Cancelled bids on Ebay--what to do?
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Newsgroups:
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lugnet.market.auction
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Date:
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Tue, 25 Jan 2000 14:09:12 GMT
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Viewed:
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456 times
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I'm auctioning a bunch of sets on Ebay and have now had two cancelled bids
by people. This is getting annoying and could potentially cost me some
bidders. In the last case, the cancelled bid lowered the high bid by
about $20, giving as his reason his finances didn't allow it or something
like that. If people have been paying attention, this obviously could cost
me a lot of bidders unless they're willing to pay $20 more than the
current asking price.
So what do people do in situations like this? Negative feedback for
cancelled bids is the first thing that comes to mind. Also, is it
possible to cancel bids up until the last minute? I'm afraid that if
people do this toward the end of the auction, I could get stuck with bids
getting lowered and the price having no chance to recover, then being
forced to sell at prices which are uncompetitive (from a seller's
standpoint).
Alan
----------------------------------------------------------------------------
Alan Demlow |demlow@lightlink.com |www.lightlink.com/demlow/sale/trade.txt
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Message has 2 Replies:
 | | Re: Cancelled bids on Ebay--what to do?
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| If you're not willing to sell at the price that the lot ends up at, set your starting bid high enough, or have a reserve in place that's high enough, that you take what you get and are happy. I see a 4559 going for 175 right now. I only got 150 for (...) (25 years ago, 25-Jan-00, to lugnet.market.auction)
| | | Re: Cancelled bids on Ebay--what to do?
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| It is just something you have to live with... it happens. Be thankful the bids are retracted before the auction's end. There are bidders who do it deliberately try to manipulate the system. The worst example of this I have experienced was when a (...) (25 years ago, 25-Jan-00, to lugnet.market.auction)
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