![]() |
eBay bid retractions
eBay will soon be changing their policy. They will not allow bid retractions without seller approval.
Interesting news |
I just saw that...big deal! Buyer can still just not pay leaving seller to cxl bid/auction and start over with basically no repercussions to “buyer?”
|
1 Attachment(s)
Here's the message:
"We’re updating our bid retraction policy for Sports Trading Cards, Non-Sports Trading Cards, and Collectible Card Games auctions. Starting June 30, 2021, buyers will no longer have the ability to retract bids on trading cards auctions without seller approval. Sellers’ decisions to accept or reject auction bid retraction requests will be final. How the new auction bid retraction policy will work Starting June 30, if you want to retract an auction bid, you will need to contact the seller via messaging on eBay and request a retraction. The seller, at their sole discretion, will be able to accept or decline your retraction request. If the seller does not accept your request, your bid can still win or lose the auction, and you will be required to make payment on any winning bid you submit. We also inform buyers on our "Bid Retraction Policy" page that "a bid is a binding contract." As previously communicated, as of April 2021, if an item goes unpaid by the 5th calendar day, the seller may cancel the order due to non-payment. Regularly missing payments may impact your account. Check out our Unpaid Item Policy to learn more. We appreciate your support and willingness to work with this new policy as we anticipate our trading cards policy update will make eBay a more trusted and fairer marketplace for all. As always, thank you for buying on eBay. The eBay Team" |
This will only work if the seller is Ethical. It takes two to tango...to me this is just rudimentary banter....the real issue to me is with what the seller allows.
|
Quote:
. |
Quote:
This |
Quote:
|
Quote:
|
Quote:
Someone who have 100% positive feedback rating won my auction but when I clicked and looked into feedback details, that buyer doesn't pay all the time and many netural feedbacks from other sellers. I have no idea why eBay still let that buyer bid. Waste of my time to deal with all those aftermath for non-payer. |
Quote:
|
If the buyer want to retract a bid and is not allowed by the seller, the buyer can pay, claim item not as described, request return and leave negative feedback.
So what does this new policy accomplish Thanks, Bob |
Payback :
can you say the the buyer sent back an empty envelope ?
.. |
can you say the the buyer sent back an empty envelope ?
Sure I guess so. But ebay always sides with the seller don't they? |
So the guys on Blowout have mentioned that this should at least minimize the risk of "bid shielding", the process where an expensive item can be won cheaply by two bidders colluding with each other. For example, a $1000 has an initial bid of $100. Bidder B bids $2500 on it. Bidder C bids $2600 on it. At the close of the auction, bidder B retracts their $2500 bid, and Bidder C has the leading bid with only a $105 bid (one increment over the initial bid). Time runs out on the auction.
I don't think it's a widespread problem, but I have read about it happening a lot more with the basketball snearkerboi price runup over the past year or two. But my real question is, "Why just the sportscard category?" Guess all those ice cream collector shill bidders can still retract, right? |
Quote:
|
1 Attachment(s)
Quote:
Sorry.. my bad. They were "positive" feedbacks but with "negative" contents. LOL This means the feedback rating is completely useless since sellers want to express their feelings but have to leave them as "positive" feedbacks. BTW, that buyer was "braqwaku99" Attachment 461604 ^^^^ sorry, the screencapture shows up so bad... not sure how to fix it. sorry |
We usually call those "false positives" and those are actually against ebay policy and can be erased and the sellers reprimanded if the buyer brings them up to ebay...
Better to open cases properly (back when you did) and have them hit with a NPB (non- paying bidder) strike, because sellers could then restrict to buyers with minimal NPBs on their record. Of course, bidders can make a bunch of accounts, which ebay also allows. They are masters at attempting to do stuff, while not actually solving any problems. And their sports card optimization changes they made last week were just terrible changes for no reason. They broke things which were working properly just because they could. |
All times are GMT -6. The time now is 08:18 PM. |