Genuine question about ebay bid retractions

[Jantz]

Justin

You are not the outlier.

I voted 1-5 only because mistakes do happen. In all honesty, I believe 5 is a high number for one reason.

Buyers who use multiple accounts can accumulate a large number of bid retractions before it throws up a red flag.

Even then, start a new account and start all over again.

** Sorry, I misread your question Justin. I read it as how many do you think should be allowed. I have been on Ebay since the late 90s and have 0 bid retractions. I'm not going to change my original reply.**

[MW1]

eBay member since July 1998. Zero retractions.

[jefferyepayne]

My caveat for this poll would be that it should be how many times did you have a retraction DUE TO A MISTAKE.

I don't care how many times a shiller has had a retraction. They are doing it on purpose.

jeff

[philliesfan]

16 years on ebay = 0 retractions for any reason.
Robert

[Republicaninmass]

retracted once, card was over graded and had paper loss after closer inspection

didnt pay once, card was obviously shilled up

[Aquarian Sports Cards]

one retraction since 1998. missing decimal point.

[vintagetoppsguy]

I can only remember one. I thought I was bidding on a 1980 Topps Baseball vending box, but it was actually a Basketball vending box. Totally my fault for not reading it correctly.

[irv]

I made a couple rookie mistakes shortly after I joined and had one retraction after the person ahead of me retracted their bid.

I no longer wanted the card as I spent my money elsewhere, but I did ask this question a few times with no answer?

The question was, "If someone ahead of you retracts their bid, making you the highest bidder again, are you obligated to purchase that card if your high bid wins the auction"?

[sterlingfox]

Ebayer since '96 and have never retracted a bid once.

However, I have asked a seller to cancel a BUY-IT-NOW sale when I found out I bought the wrong type of cell phone cord. They obliged.

[Buythatcard]

18 years with 0 retractions.

I have no problem if someone retracts a bid at one of my auctions as long as they place another bid. We all make mistakes and that's why eBay allows us to retract a bid. According to their policy, a bidder must place another bid if they retract a bid. Retractions are only for correcting a wrongful bid.

Once a bidder retracts a bid at one of my auctions without placing a corrected bid, they are blocked for good. If it's done on the last day of an auction, I make a phone call to eBay to file a complaint. Not sure if they ever follow up with any action against the bidder but I was told to call every time a bidder retracts a bid. They assured me that action will be taken.

[rajah424]

I have a question about retractions. I have never retracted a bid but I use snipe services.

Lets say I bid $200 on an item and I'm currently the high bidder at $100. Someone comes in and starts bidding to bump my bids up incrementally until they surpass my max bid. At that point they know what my max bid is and then retract their last bid to leave me at my high bid of $200.

In this case I would feel justified in retracting my bids.

My question is, What would happen if I retracted my $200 dollar bid? Would the other bidder have the high bid now at just under $200?

[bmattioli]

Member since 2 July '97.

Zero retractions

bmattioli

[Bliggity]

I've been a member since 1999, and have only retracted a "bid" once, if you can call it a bid. An 8% eBay Bucks promotion was running and I submitted a best offer on an item. I was not interested in the item at that price absent the promotion, and I included a note in my best offer asking the seller to accept the offer (if he wanted to) before midnight the following night when the promotion expired. The seller never responded, and I did not want the seller to accept the offer after the promotion ended, so I cancelled the offer shortly before the end of the promotion.

Not sure if that counted as a bid retraction or not, but I've never retracted a bid during an actual auction.

[Econteachert205]

Only one for me. I bid 18k on an 18 dollar card. Genius.

[itjclarke]

Originally Posted by rajah424

I have a question about retractions. I have never retracted a bid but I use snipe services.

Lets say I bid $200 on an item and I'm currently the high bidder at $100. Someone comes in and starts bidding to bump my bids up incrementally until they surpass my max bid. At that point they know what my max bid is and then retract their last bid to leave me at my high bid of $200.

In this case I would feel justified in retracting my bids.

My question is, What would happen if I retracted my $200 dollar bid? Would the other bidder have the high bid now at just under $200?

Pretty sure in this scenario, once the other bidder retracts, all his bids (between the previous high of $100 and your max bid of $200) will disappear and the high bid will go back to $100. That said, anyone watching will now know what your max bid was, which I think is often what the other bidder wants to see.

[rajah424]

If that's the case then when I retract my bid wouldn't it also retract my $100 bid? Technically I only placed one bid at $200. That's what I don't understand. In my scenario I only actually placed one bid at $200 and was bid up in increments. The other bidder (shiller) would have made a series of bids. Does he have to retract all of his to find the next bidder below my $100?

[Beastmode]

I've been on e-bay for a long time with many purchases. Never retracted one bid.

But hey, I'm just a $20 card collector so doesn't mean much.

[itjclarke]

Originally Posted by rajah424

If that's the case then when I retract my bid wouldn't it also retract my $100 bid? Technically I only placed one bid at $200. That's what I don't understand. In my scenario I only actually placed one bid at $200 and was bid up in increments. The other bidder (shiller) would have made a series of bids. Does he have to retract all of his to find the next bidder below my $100?

When you retract, I'm 90% sure it retracts any/all prior bids on the item. So in your story, if the potential shiller retracts, it goes back down to the next highest bidder's bid below your max. That said, if the seller and shiller(s) are in cahoots, they could just have someone re-bid it back up to your max. For these reasons, I typically never place my max bid early in the auction.

[arcadekrazy]

Using eBay since 1998. One retraction, which was just recently. Typed in 4,999 instead of 49.99 using the app. Immediately contacted the seller and explained why I retracted. Then proceeded to place a correct bid.

[Jayworld]

eBay member since April 1998. No retractions.

[BleedinBlue]

Member since 1998. I remember retracting 1 bid. Maybe 2 in that time. And always for putting in too many zeros. Not once in at least a decade though.

[darwinbulldog]

Could be I'm forgetting one, but I think it's zero. Joined in the late 90s but didn't really get started until 2002.

[cardinalcollector]

Ebay member since 2000

7500 transactions

0 Retractions

[smotan_02]

I think a better question is posed to our Net54 members that feel that multiple bid retractions are acceptable and explain their reasoning for use.

Note: I've had one bid retraction in 9 years and it was because the seller updated the item description with lesser condition. I retracted my bid and bid lower. I've had several I wanted to do, but always felt I entered a contract with the seller and was obligated to honor that agreement.

[ibuysportsephemera]

I have been an eBay member since almost the very beginning. I retracted one bid in that time because of a change in the auction description. The seller gave the impression that they were selling a group of items, but in reality they were selling each item individually.

Jeff

[bnorth]

Originally Posted by smotan_02

I think a better question is posed to our Net54 members that feel that multiple bid retractions are acceptable and explain their reasoning for use.

Note: I've had one bid retraction in 9 years and it was because the seller updated the item description with lesser condition. I retracted my bid and bid lower. I've had several I wanted to do, but always felt I entered a contract with the seller and was obligated to honor that agreement.

I have been on eBay since almost the beginning and I have retracted 1 bid and shilled 1 item. I entered the wrong amount so I retracted my bid and then bid my intended amount several years ago. I also shilled 1 item around 18 years ago. I listed several very rare error cards and put reserves on all of them except 1 I missed by accident. It almost instantly received a bid so I could not correct the listing. I had a friend put in a bid at what my reserve would have been instead of canceling the auction.

I have talked about shilling and bid retracting with people that do it a lot. Most say they do it to protect their investment or get maximum value. Some retract because they over extend themselves and have to retract a bid so if they win another item they can pay for it.

[smotan_02]

Originally Posted by bnorth

I have been on eBay since almost the beginning and I have retracted 1 bid and shilled 1 item. I entered the wrong amount so I retracted my bid and then bid my intended amount several years ago. I also shilled 1 item around 18 years ago. I listed several very rare error cards and put reserves on all of them except 1 I missed by accident. It almost instantly received a bid so I could not correct the listing. I had a friend put in a bid at what my reserve would have been instead of canceling the auction.

I have talked about shilling and bid retracting with people that do it a lot. Most say they do it to protect their investment or get maximum value. Some retract because they over extend themselves and have to retract a bid so if they win another item they can pay for it.

Re: over extend themselves. I think sellers are understanding if someone needs to delay payment. However, when you retract a bid repeatedly because you can not pay for items, it hurts the sellers sales. People see the price of an item fluctuate up and down and do not want to bid out of fear there is risky bidding associated.

[earlywynnfan]

on ebay since 1999, one bid retraction because I entered the wrong amount. I then immediately re-bid with the correct amount.

Say, is there anywhere to see how many total transactions I've had?

[BosseFieldBoy]

Never, but there have been a few times where I wanted to. I view it as a binding agreement. That said, if I accidentally enter too many digits, I will try to retract.

[laughlinfan]

Going on 20 years on eBay - 0 bid retractions. Can't understand how they ethically allow people to repeatedly retract and abuse the process.

[bn2cardz]

There have been plenty of threads on Ebay bid retractions lately so I didn't want to start a new thread and opted to use the most recently commented in thread for this post.

Lately I have been on both sides of the bid retraction.

Last week I bid an amount but did not have the high bid. So I went on to reallocate my money elsewhere. The high bidder then proceeded to retract their high bid leaving me with the high bid. I tried to retract as I no longer had the funds to cover the price, but couldn't because it was within 12 hours of the auction end. I politely told the seller the situation and he cancelled the sale after the auction ended with me as the winner. It is possible that the person that retracted their bid and left me holding the bag had retracted because someone had done the same to them because there was another bidder that retracted their bid.

Now I have some items for sale with .99 cent starting bids. I got an email stating one of the items had a bid, but when I went to see how things were going it didn't have one. I checked and someone had bid and retracted the bid. They put the reason as wrong amount, but then never put a new bid in.
I went on to see that the person has to retracted bids in the last 6 months.

This make me realize how hard it really would be for a large auction house to police since as a seller I didn't get an email stating someone had retracted the bid. What I don't like is that ebay is so flippant about it. To really cut down on it maybe you should have to call ebay to remove the bid, most people wouldn't put up with the hassle if they had to talk to customer service to retract a bid. Then as added protection to only allow so many in a year's time, before a suspension. Just a thought.

[Buythatcard]

Originally Posted by bn2cardz

There have been plenty of threads on Ebay bid retractions lately so I didn't want to start a new thread and opted to use the most recently commented in thread for this post.

Lately I have been on both sides of the bid retraction.

Last week I bid an amount but did not have the high bid. So I went on to reallocate my money elsewhere. The high bidder then proceeded to retract their high bid leaving me with the high bid. I tried to retract as I no longer had the funds to cover the price, but couldn't because it was within 12 hours of the auction end. I politely told the seller the situation and he cancelled the sale after the auction ended with me as the winner. It is possible that the person that retracted their bid and left me holding the bag had retracted because someone had done the same to them because there was another bidder that retracted their bid.

Now I have some items for sale with .99 cent starting bids. I got an email stating one of the items had a bid, but when I went to see how things were going it didn't have one. I checked and someone had bid and retracted the bid. They put the reason as wrong amount, but then never put a new bid in.
I went on to see that the person has to retracted bids in the last 6 months.

This make me realize how hard it really would be for a large auction house to police since as a seller I didn't get an email stating someone had retracted the bid. What I don't like is that ebay is so flippant about it. To really cut down on it maybe you should have to call ebay to remove the bid, most people wouldn't put up with the hassle if they had to talk to customer service to retract a bid. Then as added protection to only allow so many in a year's time, before a suspension. Just a thought.

Andy,
eBay always send a notification when someone retracts a bid. Perhaps your notifications aren't set correctly in your account.

[ibuysportsephemera]

Originally Posted by Buythatcard

Andy,
eBay always send a notification when someone retracts a bid. Perhaps your notifications aren't set correctly in your account.

I have never been notified when a buyer retracts their bid. I have checked all of the communication settings in my eBay control panel and do not see anything about bid retraction communications.

Can you please let us know where the setting is?

Thanks,

Jeff

[Buythatcard]

Originally Posted by ibuysportsephemera

I have never been notified when a buyer retracts their bid. I have checked all of the communication settings in my eBay control panel and do not see anything about bid retraction communications.

Can you please let us know where the setting is?

Thanks,

Jeff

Jeff,

I know that there are settings to send and receive certain type of notifications. I am assuming there is one to receive notifications about retractions. I don't know exactly where they are. When i wasn't receiving certain notifications, I called eBay's customer service and they walked me thru it.

[bn2cardz]

Originally Posted by Buythatcard

Andy,
eBay always send a notification when someone retracts a bid. Perhaps your notifications aren't set correctly in your account.

Because of your response I did find the email that ebay sent, it is an account setting on my email side I will have to fix.

[obcbobd]

Retracted my first bid in 1999 :-( .
As I realized the card was a reprint.

Learned my lesson. Think I retracted one more as I entered the wrong amount, not 100% sure thhough