Subject:
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a couple of great bid retractions...
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 6 Jul 2000 05:52:32 GMT
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Viewed:
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582 times
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I recently received an e-mail notice from eBay...and then another one a
minute later...same bidder.
Excuse #1
"don't have the money"
I think if you are gonna play wih the big boys, you should pay.
Excuse "2
"found it cheaper"
Quite possible, but laim excuse anyway.
As these happened early in the auctions, I am probably venting over $1 or
less...I was lucky the person didn't retract near the close of the auctions
or win and then refuse to pay, etc.
In the long run, probably better it worked out this way.
BUT,
As I am paying the rent with my Lego hobby til a new career develops, bid
retractions are becoming more annoying. If the trend continues, it may be
more costly. Bid retractions are increasing percentage wise in my
auctioning. From 0% a year ago to 10-20% of my auctions. Granted I am only
auctioning 20-30 items at a time and I am not selling super rare/expensive
sets, but I am concerned. Does this mean if I start auctioning 100 lots
that I am going to have 20-25 retractions per cycle?
Probably not...
I would be interested if any other auctioners are seeing the same or similar
trends...I wonder if it's anomolous or a trend.
I just think these kinds of retractions are ridiculous...I remember a long
time ago I had one retraction because the person going to Asia on urgent
business before the auction ended. He contacted me in a friendly/apologetic
way and by chance a few months later bought similar parts from me...all my
retractions after that experience have been ridiculous.
I wonder if there is an interest in lobbying eBay to change their retraction
process...I have no idea how successful this would be; I guess the
excusues/lies/cop-outs would just get better.
John
P.S. I just felt like venting/commenting on the days events = )
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Message has 2 Replies:
 | | Re: a couple of great bid retractions...
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| (...) John, I'm paying part of my college ed with my ebay auctions. So I understand the frustration you feel. (...) After almost 400 auctions, I have only had 6 bid retractions. The explaination given: "Not a registered ebay user." Yet in 4 of the (...) (24 years ago, 6-Jul-00, to lugnet.market.theory)
| | | Re: a couple of great bid retractions...
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| Hey, I just noticed this a few minutes ago while leaving someone feedback... underneath the numbers for positive, neutral and negative feedback there is a tally of total bid retractions in the past six months. I think this is new (although I'm not (...) (24 years ago, 7-Jul-00, to lugnet.market.theory)
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