Genuine question about ebay bid retractions

[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?

[Section103]

Does cancelling a Best Offer after 36 hours and no response from the seller count?