OT: Ebay Policy Change

[ATP]

Is it the one about bidders being able to cancel their winning item within one hour of auction end?

[rp12367]

Originally Posted by ATP

Is it the one about bidders being able to cancel their winning item within one hour of auction end?

Now that would be the straw that breaks the camel's back!

[slidekellyslide]

Wow...I just went to the ebay Fall Seller Update forum and my head nearly exploded. It doesn't help that the mod "Jeff" is a condescending a-hole. What is ebay thinking??

[ATP]

Originally Posted by rp12367

Now that would be the straw that breaks the camel's back!

It wasn't a joke, unfortunately that is a real policy change coming.

[Buythatcard]

Here it is.

"We’re also streamlining the cancellation process to make it easier for buyers and sellers to cancel a transaction directly from My eBay. Buyers can request a cancellation if they change their mind within an hour after the sale (as long as you haven’t already shipped the item). This will help reduce the hassle of unpaid items and help you get your merchandise back up for sale faster. Sellers will also have the option to cancel transactions directly from My eBay instead of the Resolution Center and, if the buyer paid with PayPal, sellers will no longer need to wait for a response from the buyer."

If the buyer can change his mind 1 hour after the sale, then the seller should also have the option of cancelling the transaction 1 hour after the sale. Hey, I didn't like what my item sold for so I am going to cancel this sale.

[darwinbulldog]

Originally Posted by Buythatcard

Here it is.

"We’re also streamlining the cancellation process to make it easier for buyers and sellers to cancel a transaction directly from My eBay. Buyers can request a cancellation if they change their mind within an hour after the sale (as long as you haven’t already shipped the item). This will help reduce the hassle of unpaid items and help you get your merchandise back up for sale faster. Sellers will also have the option to cancel transactions directly from My eBay instead of the Resolution Center and, if the buyer paid with PayPal, sellers will no longer need to wait for a response from the buyer."

If the buyer can change his mind 1 hour after the sale, then the seller should also have the option of cancelling the transaction 1 hour after the sale. Hey, I didn't like what my item sold for so I am going to cancel this sale.

So wait, can they? Is that what is implied by "Sellers will also have the option to cancel transactions directly..." or does that just mean once prompted to by the (non)buyer?

[bobbyw8469]

LOL!!! These new changes make my head spin! So, if I win the card at an auction as a buyer, and I think I paid too much for it, I can cancel the sale???? WOO-HOO!!!!!!!!!!!!

[Rollingstone206]

...

[D. Bergin]

Originally Posted by Buythatcard

Here it is.

"We’re also streamlining the cancellation process to make it easier for buyers and sellers to cancel a transaction directly from My eBay. Buyers can request a cancellation if they change their mind within an hour after the sale (as long as you haven’t already shipped the item). This will help reduce the hassle of unpaid items and help you get your merchandise back up for sale faster. Sellers will also have the option to cancel transactions directly from My eBay instead of the Resolution Center and, if the buyer paid with PayPal, sellers will no longer need to wait for a response from the buyer."

I love how they word this like they are doing sellers a favor and saving us the "hassle".

They already opened up the hornets nest whenever they decided that retractions were just a part of the normal bidding process.

This time they dropped it right into the middle of a church picnic.

[Mountaineer]

It's a buyers market out there.

Ebay makes their money from people buying things and getting that percentage of the sale so it is no wonder why they cater to the buyers. Sellers are going to have to just adapt or find a different site/place to sell their goods. It sucks because the protection should be equal toward the seller and the buyer instead of it being lopsided.

[Exhibitman]

That's an interesting change. Not sure what to think of it. it would seem to be a partial solution for shill bidding. If you get run up by a shill at the end you can bail out rather than trying to get the seller to mutually rescind. There is definitely a potential for abuse.

I don't think sellers need the same rescission right because they are able to set the open and set a reserve if they don't want to risk a low bid auction.