Subject:
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Re: Bid retractions (was Re: eBay dead again)
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 23 Mar 2000 18:09:16 GMT
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Viewed:
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1867 times
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> On eBay, if someone retracts a bid, is the next highest bidder bound to the
> sale? If so, I could see how someone would say "Oh well, missed out on that
> one, I'll go bid over here" and get stuck with two of the same thing. That
> seems unfair to all involved.
read your outbid emails.. i believe it says "hey, don't forget, you could still
get this item" When I'm outbid, i don't spend the money until that auction's
closed... i'd hate to be in a bind because someone retracted...
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Message has 1 Reply:
 | | Re: Bid retractions (was Re: eBay dead again)
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| (...) still (...) You aren't considered the "high bidder" if the winner retracts- but the seller does get everyone's bids, and it's natural to assume they might contact a lower bidder to unload the item. In other words, you might get contacted, but (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
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Message is in Reply To:
| | Re: Bid retractions (was Re: eBay dead again)
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| (...) I recently participated in an auction on eBay where I was outbid by someone who later retracted his bid. I had already outbid him though, so my bid was reset to what it was before I got bumped. I found it odd that my proxy bid was IIRC still (...) (25 years ago, 23-Mar-00, to lugnet.market.theory)
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