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Bid Retractions

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nohope587's Avatar
United States
5953 Posts
 Posted 06/21/2013  06:11 am Show Profile   Bookmark this topic Add nohope587 to your friends list Get a Link to this Message Number of Subscribers
Its been a while since I sold on ebay but I thought they notified you when some one retracted a bid?

looking at my ebay I just noticed my total has just dropped by $20 but none of my items has been flagged as having a retracted bid. no emails from ebay so what gives?
Can buyers now just retract bids at will and how do I find out which item it was?
Edited by nohope587
06/21/2013 06:48 am
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nohope587's Avatar
United States
5953 Posts
 Posted 06/21/2013  06:48 am  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
Having dug a little deeper I see ebay actually sent me an e-mail for each retraction.
seven in total all the same bidder all the same reason "Entered the wrong amount" I can understand it on one or two items but seven times in a row clearly there is more to it than that is there any recourse with ebay or should I just drop it and be glad he did not win?
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Broken-Coin's Avatar
United States
1812 Posts
 Posted 06/21/2013  08:30 am  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply

Quote:
I see ebay actually sent me an e-mail for each retraction.
seven in total all the same bidder all the same reason "Entered the wrong amount"


If I were not on a self imposed ban from both ebay & PayPal (7 years now) and still selling on ebay and experienced what you had, I would BLOCK them from bidding on your items.

ebay can verify "wrong amount bids" as almost every wrong amount bid includes a extra digit or misplaced decimal point entered by accident.
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nofaction1's Avatar
Kuwait
40 Posts
 Posted 06/21/2013  09:48 am  Show Profile   Bookmark this reply Add nofaction1 to your friends list Get a Link to this Reply
I've done this several times lately. Most recent was last week on a carson city bank sealed roll. After bidding and doing some background research I was unconvinced they where legit. (The seller also tried seling me one for 3.5k on the side.) And I have two bids currently on seperate items. I'm thinking about retracting, one I dont want anymore but its dead even. (so I'm hoping someone bids so I dont have to. Lol)

Maybe something happened and he couldn't spend the money now. At least he retracted instead of letting it run.

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BuffalosRock's Avatar
United States
500 Posts
 Posted 06/21/2013  11:30 am  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
nofaction1,
Sorry but your excuses are "bad form". You should be doing the research BEFORE making bids - not after. "Not wanting it anymore", "couldn't spend the money now", those are not valid reasons for retracting bids. Frankly abusing the "system" like this is bad for everyone! It makes sellers more wary and "bitter" and screws things up for all honest sellers and buyers.
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biokemist6's Avatar
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 Posted 06/21/2013  1:21 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
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 Posted 06/21/2013  4:47 pm  Show Profile   Bookmark this reply Add seal006 to your friends list Get a Link to this Reply
nofaction is another example of how spoiled folks have become using the internet. In a live auction, a bid is a binding contract. If you did not want to purchase the item, you should have never bid. The anonymity people hide behind on the the internet is sickening.
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kg5's Avatar
Australia
491 Posts
 Posted 06/21/2013  8:30 pm  Show Profile   Bookmark this reply Add kg5 to your friends list Get a Link to this Reply
I can see retracted bids are a pain but not very common for us here. Maybe because our listings are under $100. In 30 months we have had one retraction only.

Our major problem is the amount of non payers being 10 to 15 per month and with the bias, negative feedback ebay system towards the seller it put the seller in a very bad situation. It is interesting to look at this issue on the ebay forum. Many a sad feedback for seller chasing the non payers.

The strange thing about this is the item are mostly under $2 with free mailing.
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vermontensium's Avatar
United States
16679 Posts
 Posted 06/21/2013  10:14 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Block him and be done with it. Itz whati du :-)
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basebal21's Avatar
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 Posted 06/21/2013  10:34 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I would agree he probably changed his mind and used that excuse. I would likely block them or if they did it again certainly block them since they give the impression they wont be an easy buyer to deal with. As far as trying to do anything through ebay Id say why bother. It probably wouldnt do anything anyway except cause you aggravation. Just block them and be done with it
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nohope587's Avatar
United States
5953 Posts
 Posted 06/22/2013  05:35 am  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
I have looked into this a little more and here is what I think was happening.
He bid a high amount on and item. I am guessing significantly more than he thought it was worth then a few mins before the item ended he would retract his bid and re-bid at a lower amount.
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buddy16cat's Avatar
United States
1536 Posts
 Posted 06/24/2013  05:08 am  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
Yes, you can always ban someone for any reason really.
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United States
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 Posted 06/24/2013  10:51 am  Show Profile   Bookmark this reply Add seal006 to your friends list Get a Link to this Reply

Quote:
I have looked into this a little more and here is what I think was happening.
He bid a high amount on and item. I am guessing significantly more than he thought it was worth then a few mins before the item ended he would retract his bid and re-bid at a lower amount.


I am unsure why any of this makes a difference. ebay is a proxy bid program. This means no matter if he bid $10 or $100, if the next level beid is $1.50 that is all the bid will come up as.
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BuffalosRock's Avatar
United States
500 Posts
 Posted 06/24/2013  11:27 am  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
Maybe it was an attempt to discourage other bidders. Throw a high bid so that anyone attempting to bid gets outbid each try - that discourages some from going up to their MAX as they think no matter what they try it will be outbid- and they are right. Then retract and see what the highest "real bid" is and decide if you still want it at just over that. It is a "cheat" of course and the "retraction" reason would be a lie no matter what. But it could be effective! These sort of games though are abusive and screw legit bidders.

Retracting bids for improper reasons IMO is about the same as those who win items and don't pay. Both should get immediate BANS.

I've "missed on" items because I was waiting for another to "complete/expire". That is part of what happens when you play by the rules and deal ethically. Those who cheat and welch etc. sicken me because it screws everyone else involved.
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 Posted 06/24/2013  11:47 am  Show Profile   Bookmark this reply Add seal006 to your friends list Get a Link to this Reply
BuffalosRock, you missed the point. He stated that the bidder re-bid at a lower amount. No matter if they re-bid or left the high bid up there they would still pay the same amount, which would be whatever the next level bid is. Say they placed a high bid of $50 and the bidding got up to only $5, that bidder would be in the lead at $5. Now they retract and the next highest bid was say $4.50 from another bidder. If the person that retracted their $50 re-bid, no matter what they bid, the realized price would only go up to $5, which is what they were winning with to begin with. That is why I said, with the proxy system in place doing so has no benefit or reasoning.
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nohope587's Avatar
United States
5953 Posts
 Posted 06/24/2013  11:55 am  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
I don't know either I am just glad they won nothing..
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