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Old 01-24-2012, 02:54 PM
steve B steve B is offline
Steve Birmingham
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Join Date: Sep 2009
Location: eastern Mass.
Posts: 8,391
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Quote:
Originally Posted by slidekellyslide View Post
Last week I listed about 60 old letterheads from different companies..about 1/3rd of them sold for the minimum bid ($4.99), but one of them went for $212. The underbidder emailed me and asked if I could tell him who won it..he did not expect it to go for that much and said he put in an insane bid just to guarantee he would win it....I gave him the bidder's ID so he could see there was no funny business on my part...the winner who still had not paid after 5 days contacted me telling me he only wanted to pay $100 for it...I emailed him back and asked him why he bid over $200 if he only wanted to pay $100 for it and he told me that he didn't expect it to go that high. I'm holding him to the $212 he won it for and gave him extra time to pay for it...I'm sure I'll pay for that in my DSR ratings.
Personally I'd let him cancel and once it's mutually and agreeably cancelled I'd block him.
If the underbidder seems comfortable with the explanation I'd forward the reneging buyers email with most of the identifying info removed and make a deal off Ebay with him, even at a much lower price. I'd feel better selling to a person who seems to really want the item rather than someone who's going to bid big then back out of things.

I've placed what to me were really big bids on a few things, and usually won for right about what I expected. Only a couple times has an item gone for near or above what I thought was a crazy bid. And I was ok with it because I just don't bid more than I'm comfortable with right then.

Steve B
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