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selling for a ridiculous price....do I cancel listing
I put a Survivor Buff for sale - base price $300. Someone just bid $10,001.00 . Do I cancel my listing - since I'm sure they're not going to pay that? How do I report it to EBay? Thanks.
2 comments
woodland_gnome
·2 years agoIt takes TWO bidders to run the price up, not just one. I'd cancel both bids and put the bidders on your Block Bidder/Buyer List (it might have been a typo but that's a long shot given the numbers involved--more likely it is the same bidder or a confederate engaging in "bid shielding" and be alert for any further such activity). No need (and VERY expensive: your FVF% for that category times the hidden maximum of the highest bid cancelled) to end the listing now without a winner, just cancel the bids and let the auction run for the 6+ remaining days.
Go to the Site Map (link at the bottom of this and most ebay.com pages) Sell Section (use the shortcut at the top--it's a long scroll down) and you'll find the link to that and several other useful seller tools.
ETA: Assuming you know your own product and know for sure that $10k is not a reasonable market price. I mean, I wouldn't think $300 is, but I have no idea what it even is except for the branding.
woodland_gnome
·2 years agoI just took another look at the bid history and it is almost certainly "bid shielding" by the same person (or confederates) with two accounts since the two bids were placed only 28 seconds apart with 6 days left to run. If you don't cancel the bids you can expect a series of bid retractions and new bids starting just before 12 hours left to run and then just before another 60 minutes after that over and over with the last retraction (and no new bid) a few seconds before the end. This keeps the minimum bid amount inflated until too close to the end for anyone to react to the drop in price and submit a bid over the new minimum bid amount ($305.00) so one of the high "bidders" will win for $302.50.