Bidder retracts bid over my reserve
Bidder places a bid just over my bid reserve, retracts it and places a smaller bid, is this a new way to find out the reserve ?
19 comments
Bidder places a bid just over my bid reserve, retracts it and places a smaller bid, is this a new way to find out the reserve ?
simba6
·2 years agoNot new, but it's a way. Always place your bids close to the end of a listing. You might want to look into using a bid snipe service.
tobaccocardyahoo
·2 years agoIt is sometimes useful, as part of a campaign to sell a valuable item, to run an Ebay auction with a reserve.
When you are not sure of the interest level and what the price should be, having a reserve rather than a high opening bid can provide you with data on number of bidders and the amount of interest and a potential value.
Information you would not have with a higher starting bid.
You could use that information to refine the way you sell, the place you sell, and the starting bid using that information.
There was a time when it was common for an item to be offered at auction more than once, sometimes in different venues. And it was not uncommon to manipulate auction results.
For those in need of education in this there are the Lovejoy novels.
mudshark61369
·2 years ago@lakers32magic,
Did you place an early automatic bid, that the other bid against until they uncovered your max bid? If so it may have been a bidder who wanted to uncover your max bid to see if it was more than they were willing to pay for the item or not. If it was that was why they retracted their last bid.
As @12345jamesstamps wrote you can click on the bidders scrambled ID (a***B) to see their bid history and their number of retractions. They may do that often which does violate ebay's invalid bid retraction policy, which unfortunately ebay does nothing about.
FYI If you looked up a phone number online to call ebay, you did not speak to anyone associated with ebay. The only way you can speak to an ebay rep is to get a call back. Even then those reps have no power to give a member a suspension. They may tell you what they want to hear, just to get you off the phone.
lakers32magic
OP2 years agoYes I placed an automatic bid and I did get a call back from e-bay
buyselljack2016
·2 years agoOK, we are not talking about a "listing reserve", but a buyer highest automatic hidden (reserve) bid.
Horse of a different color.
Also eBay CS should not convey any action taken. If they did it was slip up by CS
gosimus
·2 years ago@lakers32magic
This is off topic, but in response to your username, my all time favorite basketball player is Lakers 42 Worthy.
lakers32magic
OP2 years agoI met James, he's very kind and one of the best Laker player of all time.
safan80
·2 years agojanet9988
·2 years agoIt is considered an invalid bid retraction.
gator08041971
·2 years agoI haven't used a reserve in over a decade. And I have done a lot of auctions. lol
I think its something that isn't needed in this age of eBay to be honest. I get why someone might want to use it, but as someone else said, why not just start the bidding at your lowest acceptable price? (that price might need to include the fees that eBay will take from the sale, and any other costs as well)
simba6
·2 years agoDon't waste money on a reserve. A starting price does not cost extra.
bennotbill
·2 years agoIf they really did something like that they would never tell you.
lakers32magic
OP2 years agoI'd start getting withdrawls if I couldn't shop e-bay for 15 days.
lakers32magic
OP2 years agoI just got off the phone with e-bay, they are retracting the bid and restricting the buyer for shopping e-bay for 15 days.
12345jamesstamps
·2 years agoLet's hope that buyer cannot create a new ID eBay account like so many others are able to do.
12345jamesstamps
·2 years agoYou need to clink on the bidder and see how many "retracts" they have done in a month or a year plus their history of bidding. That shows up at the bottom of the bidder's page. I saw a bidder with 200 retracts in a month. Buyers like that I would block or I would not bid on the auction.
Plus I had a bidder(s) with my auctions in the past with 2 eBay ID's doing this...caught him when 2 won items had the same address from 2 different eBay IDs.
lakers32magic
OP2 years agoCould be the sellers friend too.... I understand making a typo, but the bid went from 32.00 to 16.50 when it got retracted.
candd205
·2 years agoUsing a reserve is not a great idea. You pay a fee for that whether your item sells or not. Instead of using a reserve, why not just set the price at the lowest price you will accept.
buyselljack2016
·2 years agono, it's an old way. as old as a "reserve"