How do I retract a bid on Ebay?

[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?

[slidekellyslide]

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]

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.

[1952boyntoncollector]

Originally Posted by D. Bergin

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.

still ebay a LOOT better than auction house...if someone retracts a bid you know about it and you can get the seller to cancel the sale if you 'win' the item a lot easer with ebay then another AH where you don't even know that you are being shilled...plus if someone retracts a bid you may have enough time to retract your own bid as well...

[D. Bergin]

Originally Posted by 1952boyntoncollector

still ebay a LOOT better than auction house...if someone retracts a bid you know about it and you can get the seller to cancel the sale if you 'win' the item a lot easer with ebay then another AH where you don't even know that you are being shilled...plus if someone retracts a bid you may have enough time to retract your own bid as well...

What if you're a seller and you have to deal with this dipsh*t behavior. As I've explained before, a lot of the time it isn't even a shilling situation. It's a bidding strategy to sabotage an auction.

Hell, even in non-retraction situations it's getting ridiculous out there. I had an item up several weeks ago that I'm convinced two bidders drove up to a very high level, with zero intention to pay, in order to drive up the realized price of something they already had in their collection.

Within a short time of the auction closing, both the first and second high bidders start trying to negotiate with me to sell them the piece at a fraction of what they originally bid on the item. I filed a non-paying strike and blocked the high bidder. I doubt there were any consequences to him however.

Meanwhile, I have two of the exact same item in the ended auction listings on Ebay, with two very different results, and to anybody doing the research, I'm probably the one who looks like the bad guy here.

There are zero repercussions for buyers with bad intentions.

[1952boyntoncollector]

Originally Posted by D. Bergin

What if you're a seller and you have to deal with this dipsh*t behavior. As I've explained before, a lot of the time it isn't even a shilling situation. It's a bidding strategy to sabotage an auction.

Hell, even in non-retraction situations it's getting ridiculous out there. I had an item up several weeks ago that I'm convinced two bidders drove up to a very high level, with zero intention to pay, in order to drive up the realized price of something they already had in their collection.

Within a short time of the auction closing, both the first and second high bidders start trying to negotiate with me to sell them the piece at a fraction of what they originally bid on the item. I filed a non-paying strike and blocked the high bidder. I doubt there were any consequences to him however.

Meanwhile, I have two of the exact same item in the ended auction listings on Ebay, with two very different results, and to anybody doing the research, I'm probably the one who looks like the bad guy here.

There are zero repercussions for buyers with bad intentions.

understand....the seller better chance to get screwed on ebay, the buyer more chance to get screwed off ebay with better chance of shilling due to having zero information on who is bidding....sellers that have their cards shilled don't complain, its the buyers..

I do think ebay is tougher on buyers that don't pay then sellers doing all the questionable stuff that has long been discussed... of course buyers can start more and more new accounts..but we can block buyers on ebay with less than x amount of feedback

[Mikehealer]

Originally Posted by 1952boyntoncollector

I do think ebay is tougher on buyers that don't pay then sellers doing all the questionable stuff that has long been discussed

How are they tough on buyers that don't pay? I really do not know. What actions do they take?

[JustinD]

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.