eBay bid retractions

[Eric72]

eBay will soon be changing their policy. They will not allow bid retractions without seller approval.

Interesting news

[ullmandds]

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?”

[Eric72]

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"

[Johnny630]

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.

[Leon]

Originally Posted by Johnny630

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.

But now you will know if the seller is involved in the retractions beforehand. Sort of colluding in a way. A seller won't have the defense of not knowing or being able to deal with it, any longer.
.

[Eric72]

Originally Posted by Leon

But now you will know if the seller is involved in the retractions beforehand. Sort of colluding in a way. A seller won't have the defense of not knowing or being able to deal with it, any longer.
.

^ ^ ^ ^ ^ ^ ^

This

[Johnny630]

Originally Posted by Leon

But now you will know if the seller is involved in the retractions beforehand. Sort of colluding in a way. A seller won't have the defense of not knowing or being able to deal with it, any longer.
.

Leon I hope So !!! We all have strong circumstantial evidence in-fact that Colluding has happened before with one certain ebay sellers. Wasn't there a email found by one of these sellers a few years ago telling a bidder to take the high bid???

[Arazi4442]

Originally Posted by Leon

But now you will know if the seller is involved in the retractions beforehand. Sort of colluding in a way. A seller won't have the defense of not knowing or being able to deal with it, any longer.
.

Is that still true if the bidders identities are hidden? Does a retraction show on those type of auctions?

[chriskim]

Originally Posted by ullmandds

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

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.

[Eric72]

Originally Posted by chriskim

...and many netural feedbacks from other sellers...

I didn't realize sellers could leave neutral feedback. For a while now, sellers could only leave a positive or report the buyer. Has eBay changed this as well?

[philliesfan]

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

[MikeGarcia]

can you say the the buyer sent back an empty envelope ?

..

[philliesfan]

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?

[swarmee]

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?

[thecatspajamas]

Originally Posted by swarmee

But my real question is, "Why just the sportscard category?"

This was my initial reaction was well. It's a change for the better, but what justification could there be for a basic bidding policy to be limited to certain categories?

[chriskim]

Originally Posted by Eric72

I didn't realize sellers could leave neutral feedback. For a while now, sellers could only leave a positive or report the buyer. Has eBay changed this as well?

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"

Screen Shot 2021-06-02 at 6.13.30 AM.jpg


^^^^ sorry, the screencapture shows up so bad... not sure how to fix it. sorry

[swarmee]

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.