ebay sent out their Fall update letter...
Here is my concern -
ebay will begin charging FULL final value fees to sellers who cancel an auction that currently has bids(FVF will be based on the current highest bid).
ebay is saying that their customers are getting angry about auctions ending early, and they don't want to lose their customers...I understand that much to an extent. I've canceled auctions for multiple reasons, some of which had bids, but never because the price wasn't where I wanted it to be.
As a seller I can cancel bids any time I want, so why can't I just go in cancel all bids then end the item?
Does this mean we are going to see a lot less auctions starting lower?
Or does this mean we can find more steals because sellers aren't going to end items early knowing they have to pay the FVF if they cancel? Someone who wants $200 for a coin but bidding is only at $150, do you cancel the item and pay the $15 in FVF's knowing you'll have to pay another $20 in FVF's when you relist it for $200?
My only real problem with this is that if you make an honest mistake in your listing and get a bid before you can correct it, you're in trouble.
My 2 cents - this rule should only apply to sellers who do this multiple times. Maybe starting with your third offense over the course of a year, second offense within 3 months? To penalize good sellers who make a mistake here and there is ridiculous.
Once again, a few bad sellers ruin things for the good sellers.
Posted 08/13/2012 4:53 pm
