Results 1 to 9 of 9
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04-22-2011, 03:19 PM #1
Learned a New Ebay Lesson today
Did you know you can bail on any bid you make now as long as its 12 hours before it ends? New to me. So if you bid 120 on an Orr item then see one that pops up with a Buy It Now for 115, you can go back and enter "wrong amount" on the first bid, then proceed to go buy the other.
lol
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04-22-2011, 09:55 PM #2
You have always had that option although it isn't supposed to be used in the way you describe. I hate this bid retraction option. People use it to find out the max bid and then bail out. I block anyone who retracts their bid because it looks suspicious to people. Most people think it is the seller trying to find out the max and then protecting their item. I don't do it, but I guess people do. The intent of the bid retraction is for the off chance you bid 1200.00 instead of 12.00 for instance. Although you have to confirm your bid before it is placed.
you can also get in trouble for retracting too many bids and it shows up in your feedbck ratings, so be careful.
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04-22-2011, 10:08 PM #3
I had a Hedman patch on the bay, ends in 1 day. It was up to $15.50 and this morning went to check it and it was back to .99. The bidder retracted his bid of 22$. eBay claims he entered the wrong amount...seriously..
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04-22-2011, 10:12 PM #4
Yet another reason I don't use ebay. People are waaayy too cheap on ebay. Everyone wants everything for .99 cents. The only thing you can do is block those bidders. Just sounds like a case of bidder's remorse.
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04-23-2011, 12:16 AM #5
Or USE BIN/Best offers..works for me
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04-23-2011, 10:06 AM #6
ebay maybe cheap some sellers are not
As I have read the rant re ebay ... much of which I understand and even some I agree with ... part of the problem is sellers. Sellers taking cards double and triple value on BV let alone market value and asking buy me now or make an offer. Then when someone makes an offer at just below BV or maybe even slightly above market value - the seller declines, does not counteroffer or worse blocks you from bidding ... where is the open market concept - sellers today are buying cards up, getting deals with manufactirers through card shows and then hyper inflating values. The problem is those sellers not the low bidders.
Barry
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04-23-2011, 10:42 AM #7
Would it not just drop down to the bid he beat out with a 15.50 bid. Like 15.00 or 15.25. Not all the way back to .99?
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04-23-2011, 10:45 AM #8
Good question...all that shows is his bid cancelled and the new one...dont get it..
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04-23-2011, 11:59 AM #9Dispute Assistant Manager
It's simple, if there were only two bidders and one retracts it is though that person never bid at all. Therefore, the new bid amount reverts back to your original start price. The bid will go higher only if other bidders increase the value.
There is a lot manipulation of EBAY auctions. How many times have you seen a card with a lower bid amount and fewer bidders ending sooner than the same card with more bids and higher value? That always seemed fishy to me.
EBAY sellers need to do a little homework. If you start a listing at 99 cents, you must expect that there is a chance it will end there. I find it best to to start a listing at an amount that is reasonably close to where I expect to it to end. Especially when the card isn't on the hot list. This way if there are only one or two bidders I still get a decent return. If you start a listing at 99 cents and it only gets one bid, you'll never know if that bidder would have been willing to spend a few dollars more.
When sellers do a poor job with listings and the sales are low, buyers begin to expect lower prices. Even traders are known to quote EBAY sales when citing a card's value. what's the point of a 99 cent listing? In the end, after ees, what are you actually getting for the card, 50-60 cents?
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Originally Posted by sjw241 
