How do I retract a bid on Ebay?

pgellis · #1 02-06-2016, 09:51 AM

Didn't want to start a new thread on this topic.

Check out this bidder's habits:

http://offer.ebay.com/ws/eBayISAPI.d...Buyer_ViewLink

I was (am) the high bidder all week, then this person outbids me by less than a couple bucks the other day, then this morning (just more than 12 hours left in the bidding) retracts his bid. It's funny how it was retracted just before the required 12 hour limit.

I am not accusing the seller of anything shady (he does have perfect feedback).

But why would someone retract just before the 12 hour deadline?

How can eBay allow someone that has 216 retractions in the last 6 months to continue to bid? I wanted to cancel my bid out of frustration, but feel bad doing it for "no good reason".

Can anyone find someone with more than 216 retractions in the last 6 months?

Buythatcard · #2 02-06-2016, 11:39 AM

If someone retracts a bid early in the auction and then corrects his bid and resubmits it I have no problem with that. But if someone retracts a bid and then does not bid again, I will block them.

If there are multiple retractions by the same bidder, then I will go the next step and call eBay. Last week, I had a situation where a bidder retracted 6 bids on 6 different items and did not place another bid. This brought down the price of each one of the items. I called eBay to complain about the bidder.

Here is what they told me. First thing to do is block the bidder. In cases where the bidder retracted their bid in the final hours or if they retracted multiple bids, I should call eBay like I did. I was told that even if I didn't call, eBay keeps track of all retractions. If a bidder has multiple retractions, then eBay would restrict their bidding. So, by reading a previous post I see there was a bidder who had 216 retractions. But don't worry, eBay is restricting their bidding. Yeah right.

UnVme7 · #3 02-07-2016, 12:10 PM

An example of why I don't understand when people bid early on an auction.

The only reason I see is if you are trying to make the BIN disappear. Other than that you are only bidding against yourself.

Not picking on anyone in particular, but I just don't get it in general.

Runscott · #4 02-07-2016, 01:10 PM

NM...

1952boyntoncollector · #5 02-06-2016, 01:31 PM

[QUOTE=pgellis;1500901]Didn't want to start a new thread on this topic.

But why would someone retract just before the 12 hour deadline?

I can answer that one, some people put in the wrong bid but don't want to be known as a retractor, so they wait to see as long as possible if their bid beaten so that way they don't have to retract it.....of course i know you are assuming the bad side of things..but it could also be what i stated.

pgellis · #6 02-06-2016, 03:41 PM

[QUOTE=1952boyntoncollector;1501015]

Quote:

Originally Posted by pgellis

Didn't want to start a new thread on this topic.

But why would someone retract just before the 12 hour deadline?

I can answer that one, some people put in the wrong bid but don't want to be known as a retractor, so they wait to see as long as possible if their bid beaten so that way they don't have to retract it.....of course i know you are assuming the bad side of things..but it could also be what i stated.

The reserve was $29.95. I place a bid for $30.01. This bidder placed a bid of $31.00. How can that be a wrong bid?
And oh yeah, he has two more bid retractions since I posted this today. Up to 218 bid retractions in the past 6 months...a little more than 1 bid retractions per day over that period.
It's not a mistake, but can't figure out what he's doing or why? And how does eBay allow this?

1952boyntoncollector · #7 02-06-2016, 04:08 PM

[QUOTE=pgellis;1501061]

Quote:

Originally Posted by 1952boyntoncollector

The reserve was $29.95. I place a bid for $30.01. This bidder placed a bid of $31.00. How can that be a wrong bid?
And oh yeah, he has two more bid retractions since I posted this today. Up to 218 bid retractions in the past 6 months...a little more than 1 bid retractions per day over that period.
It's not a mistake, but can't figure out what he's doing or why? And how does eBay allow this?

yeah that sounds bad...did card sell at 30.01?

pgellis · #8 02-06-2016, 04:52 PM

It's at the opening bid of $29.95 with about 3 hours to go.

This is the only item that this seller has active, so I don't think he has anything to do with it. But why would someone continually retract bids? Can't be drunk eBaying can it?

slidekellyslide · #9 02-06-2016, 06:02 PM

Quote:

Originally Posted by pgellis

It's at the opening bid of $29.95 with about 3 hours to go.

This is the only item that this seller has active, so I don't think he has anything to do with it. But why would someone continually retract bids? Can't be drunk eBaying can it?

They are bidding to see what the top bid is. They now have an advantage over the top bidder in that they know what they are willing to spend on the item. They retract and then decide if they want to bid on the item again, usually with a snipe.

D. Bergin · #10 02-06-2016, 11:55 PM

It really is disgusting that Ebay lets this go on. Between shilling, the perception of shilling and straight up sabotaging of auctions, there's no reason they should allow more then a few genuine retractions a year from any particular bidder...and even that's giving the benefit of the doubt.

JustinD · #11 02-07-2016, 07:19 AM

Quote:

Originally Posted by slidekellyslide

They are bidding to see what the top bid is. They now have an advantage over the top bidder in that they know what they are willing to spend on the item. They retract and then decide if they want to bid on the item again, usually with a snipe.

+1

Despicable.

There are so many reasons I use a sniper service. Until ebay changes ( which just is not going to happen, as they are making MORE money because of shills) I will never make anything more than a minimum bid prior to 5 seconds of the gavel drop.

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Should Buyer Retract or Should Seller Cancel	Buythatcard	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	12	08-18-2014 07:57 PM
Ebay retract bid policy	pawpawdiv9	Postwar Baseball Cards Forum (Pre-1980)	2	06-27-2014 08:41 AM
HA allows bidders to retract their bids?	jimross	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	9	08-01-2012 03:55 PM
Jack Johnson Dana Postcard on Ebay & Jim Jeffries Candy Card on Ebay	BruinsFan	Boxing / Wrestling Cards & Memorabilia Forum	1	01-16-2012 10:29 PM
Ebay News: What's it worth? eBay lets users search prices	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	5	11-10-2005 10:00 PM