auction sellers should have to post a bond, If auction seller refuses to honor winning bid , they forfeit a percentage, say 25% of winning bid amount, with the refund The seller simply wanted more money, and made the choice to violate the terms of the auction. Sellers like that should either be permanently be banned, or have to post a bond to secure against future fraud there are auction sites that require sellers to post a bond this the third time auction sellers reneged on delivering on a winning bid. I spend a LOT of time on EBAY to find and track these deals. I put money down and then , then that seller reneges, in the meantime my money is tide up, when I could have use that money on another deal. time for these auction sellers to pay up.