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Buyers bid on high end items and then request cancellation after winning

Has anyone else experienced this with high end items? Buyers will bid on these items and then either not pay or request a cancellation after winning the item. 

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Buyers bid on high end items and then request cancellation after winning

I don't sell high end items but anyone that does this should be placed on your blocked buyer list. If they don't pay, they will get dinged for that from ebay. I am not sure about the cancellation though. Maybe someone else would know that.

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