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Too high bids for items listed
I listed an item worth maybe 300 max. I received outrageous bids. I knew there had to be some scam. I delisted twice and now have an eBay bill 100 less then value.
1 comment
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) 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).
So don't do that. If you want to cancel the high bids you don't have to end the auction to do so, just cancel the ones that you are uncomfortable with and let the auction continue. Or don't and then wait out the 4 days to see if the winner actually pays (do not accept any invitation to communicate with them by email or text of phone as this sets you up for a scam where they send a fake payment message to the email address or phone # they get when you reply) and cancel for non-payment if they don't.