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Fee for ending Auction listing early

Hi,

 

My selling privileges have been restricted because I ended an Auction early. There is no mention of the fee in terms and conditions as far as I know and it seems pretty steep. Is that correct ?

 

I

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Fee for ending Auction listing early

Yes, if you ended an auction early and it had bid(s), you are charged the final value fee.  Before you clicked on the action to do so it was spelled out on the screen.  You disappointed a buyer and would have had a sale.

evry1nositswindy  •  seller since 2013
Volunteer Community Mentor

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Fee for ending Auction listing early

It 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 may 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--if this is the first time you've done so in 2022 contact Customer Service if it wasn't automatically waived).

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