OT: Ebay Policy Change

[cguidi]

I don't get it. EBay only collects final value fees if the item is paid for so the winning bid cancelation policy would negatively effect their revenue along with the sellers'. It sounds like a terrible policy to me but there has to be more to it...

[bobbyw8469]

Originally Posted by cguidi

I don't get it. EBay only collects final value fees if the item is paid for so the winning bid cancelation policy would negatively effect their revenue along with the sellers'. It sounds like a terrible policy to me but there has to be more to it...

It is called appeasing the buyers. Being able to cancel auctions makes the buyer happy.

[rjackson44]

Feebay stick with net 54 folks

[Jeffrompa]

As a seller on EBay I can tell you it's all about the buyers . Sellers are are disposable .

[Exhibitman]

If eBay is mandating returns--treating collectibles like razor blades--then it makes sense to let the tire kickers just say no rather than taking delivery then sending it back. It is the cherry on top of the Amazon wannabe plan. except that cards aint books. I am done with it as a seller. As a buyer...let the games begin.

[ctownboy]

I don't see how Fraudbay can legally do this. I thought that making a bid was a legally binding contract? I even thought that when you placed a bid that their was a notice saying as much.

Now, how can they say it is a legally binding contract and then turn around and OK canceling your bid? To me, either it is a contract or it isn't. What eBay now seems to be saying is that it is neither. Or it is until it isn't.

At least with the current system, if a buyer bids , wins and then doesn't pay they can get some type of negative against them when a seller reports them as non-paying. With the new system this seems to not be the case as much (if the buyer backs out within an hour).

Also, if Fraudbay is going to enforce returns no matter what and make the seller pay for the postage, does that also mean they are going to return the fees they originally charged when the buyer paid the postage or are they going to keep those and the seller is going to be out the difference?

David

[Leon]

Originally Posted by ctownboy

I don't see how Fraudbay can legally do this. I thought that making a bid was a legally binding contract? I even thought that when you placed a bid that their was a notice saying as much.

Now, how can they say it is a legally binding contract and then turn around and OK canceling your bid? To me, either it is a contract or it isn't. What eBay now seems to be saying is that it is neither. Or it is until it isn't.

At least with the current system, if a buyer bids , wins and then doesn't pay they can get some type of negative against them when a seller reports them as non-paying. With the new system this seems to not be the case as much (if the buyer backs out within an hour).

Also, if Fraudbay is going to enforce returns no matter what and make the seller pay for the postage, does that also mean they are going to return the fees they originally charged when the buyer paid the postage or are they going to keep those and the seller is going to be out the difference?

David

As long as ebay states what they are doing and it doesn't break a law they can do anything they want to. It's their company. They are Sort of like any other auction house in that respect. This is just my layperson opinion....For the record I still love to buy on ebay and do it almost daily.