It is specifically against the rules for a seller to cancel all bids and end the auction early without a winner IF it is because s/he deliberately set the Starting Price lower than s/he was willing to sell for, and it hasn't reached that high. This is considered fee avoidance because eBay charges a substantial fee for sellers to have a Reserve Price so they aren't promising to sell as low as their Starting Price.
But there are legitimate reasons why a seller would have to do so, and a few years ago eBay got tired of having to divine the subjective intent of a seller who took that action, so it adopted some procedures that make it less attractive to do so with that intention: it can only be done before the countdown reaches 12 hours AND it charges a fee (the FVF% for that seller in that category times the highest cancelled bid--the hidden maximum, not the "current bid" showing before it was cancelled) when s/he does so (with the first such fee per calendar year waived to allow for the very occasional legitimate reason for doing so).
Since sellers have no way of knowing what your max bid is they removed the listing for some other reason. They had to pay a penalty fee to eBay for cancelling an auction that had a bid already on it.
woodland_gnome
·2 years agoIt is specifically against the rules for a seller to cancel all bids and end the auction early without a winner IF it is because s/he deliberately set the Starting Price lower than s/he was willing to sell for, and it hasn't reached that high. This is considered fee avoidance because eBay charges a substantial fee for sellers to have a Reserve Price so they aren't promising to sell as low as their Starting Price.
But there are legitimate reasons why a seller would have to do so, and a few years ago eBay got tired of having to divine the subjective intent of a seller who took that action, so it adopted some procedures that make it less attractive to do so with that intention: it can only be done before the countdown reaches 12 hours AND it charges a fee (the FVF% for that seller in that category times the highest cancelled bid--the hidden maximum, not the "current bid" showing before it was cancelled) when s/he does so (with the first such fee per calendar year waived to allow for the very occasional legitimate reason for doing so).
jacbarcollectibles
Mentor2 years agoSince sellers have no way of knowing what your max bid is they removed the listing for some other reason. They had to pay a penalty fee to eBay for cancelling an auction that had a bid already on it.