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Subject: 
Re: a couple of great bid retractions...
Newsgroups: 
lugnet.market.theory
Date: 
Fri, 7 Jul 2000 03:07:30 GMT
Viewed: 
676 times
  
In lugnet.market.theory, John Robert Blaze Kanehl writes:
In lugnet.market.theory, Jodi Neal writes:
In lugnet.market.theory, John Robert Blaze Kanehl writes:
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?

John,

I'm paying part of my college ed with my ebay auctions.  So I understand the
frustration you feel.

Good luck to you = )

glad to see another person who understands...lol

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.

After almost 400 auctions, I have only had 6 bid retractions.  The • explaination
given:

I am nowhere near a 400 rating on eBay (yet!)  Ironically I have conducted
over 150 auctions with unique users, but I have not even hit 75 feedback...

I do a bustling business via e-mail though...many of the customers are
former eBay bidders or auction winners.

"Not a registered ebay user." Yet in 4 of the cases they had a rating.

I also got mine early in the auction cycle, so it wasn't to bad.

I agree better earlier than later...as I explained in a previous thread, the • late ones hurt..

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 = )

A little venting is good for the soul.  :-)

yes it is....lol...usually I vent through building.  BUT, no time for that
over the next few days.

                    John

You definitely aren't alone.  I've been lucky with only one retraction out of
about 300 auctions but it was a lame 'no $' hours before close and cost me
quite a bit.  While browsing though I see more people and items with
retractions than ever a year ago.

Instead of letting bidders do it themselves, a retraction request approved by
eBay might be nice.  The manpower would likely be prohibitive but then they'd
know how it's being abused.

John Radtke



Message has 1 Reply:
  Re: a couple of great bid retractions...
 
(...) Well, this might be a crazy idea, but how about if e-bay automatically ended the auction when someone retracted and restarted? Or maybe extended the auction by the amount of time the retractor had a successful bid? I could see as a bidder it (...) (24 years ago, 7-Jul-00, to lugnet.market.theory)

Message is in Reply To:
  Re: a couple of great bid retractions...
 
(...) Good luck to you = ) glad to see another person who understands...lol (...) I am nowhere near a 400 rating on eBay (yet!) Ironically I have conducted over 150 auctions with unique users, but I have not even hit 75 feedback... I do a bustling (...) (24 years ago, 7-Jul-00, to lugnet.market.theory)

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